Wagering handle continues downward trend in October * The Racing Biz ...Middle East

Frank Vespe November 10, 2023 Wagering handle on the Breeders’ Cup was down in 2023. But that’s the least of horse racing’s worries at the moment. Of much greater significance: handle is down nationally nearly 5% so far in 2023 versus the prior year, and it’s been even worse than that in each of the last four months. In October, national handle was just shy of $819 million, down more than nine percent versus last year’s $903 million October. The difference is worse than it appears. Had handle merely kept pace with inflation, the October figure would be nearly $950 million. That means that handle for the month was nearly 14 percent lower than it needed to be merely to keep pace. In

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Wagering handle continues downward trend in October * The Racing Biz ...Middle East

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