The horse racing industry continues to seek a comeback. 2024 wasn’t it. The horse racing industry suffered its third consecutive yearly decline in parimutuel wagering in 2024. Casinos and other forms of gaming continue to try and prop up the struggling industry. (Image: Getty) Wagering on Thoroughbred horse races in the United States declined in 2024 for a third consecutive year. Thoroughbred racing is the most popular form of the sport stateside, with the Triple Crown consisting of the Kentucky Derby, Preakness Stakes, and Belmont Stakes. Along with the three marquee races, the Grand Slam of Thoroughbred racing additionally includes the Travers Stakes and Breeders’ Cup Classic. According to Ray Paulick of the Paulick Report and Equibase, the industry’s official database, wagering on Thoroughbred races in the U.S. last year totaled approximately $11.26 billion. That represented a 3.35% decline from 2023 when betting exceeded $11.65 billion. A dismal December for U.S. wagering on Thoroughbred horse racing put an exclamation point… Read More
Category: Horse Racing, hhr, historical horse racing, Horse racing, horsemen, parimutuel, parimutuel wagering
Source: Casino.org
