US Horse Racing Wagering Falls for Third Year as Industry Faces Declining Participation and Revenue

For the third consecutive year, wagering on US horse racing has declined, with a total handle of $11.26 billion in 2024, representing a 3.35% drop from the previous year’s $11.65 billion. December marked the largest monthly decline, with wagering falling by 14.44% compared to the same period in 2023, according to Equibase. This downturn is a continuation of an […]