Wagering Down, Purses Up
The NTRA’s second quarter report on racing economic indicators released this week shows mixed numbers: “Total wagering declined marginally from $4,113,889,920 to $4,110,567,732 (-.08%)…. Purses, which showed a one percent drop in first-quarter 2004 over the prior year, rebounded strongly, showing a 2.86 percent increase ($292,902,564 to $284,769,311) over the comparable quarter in 2003.” (San Francisco Chronicle)
