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Industry Performance Results

Industry Performance Results

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KEY PERFORMANCE RESULTS
Ontario Horse Racing Industry Performance Results for the third quarter of 2017-18.

  • In the first nine months of Fiscal Year 2017-18 (April 1 – December 31, 2017), gross wagering on Ontario races increased by 4.4% relative to the same period the prior year, largely driven by growth in the Thoroughbred handle originating from the United States.
  • The volume of betting tickets sold live, at racetracks across Ontario, declined slightly compared to the previous year (-0.7%), driven by decreases for Thoroughbreds (-2.6%) and Quarter Horses (-1.1%) largely offset by an increase for Standardbreds (+2.7%). When normalizing for the number of races, the count of tickets per race increased by 1.5%
  • The Ontario horse racing industry continues to experience a horse supply shortage, as demonstrated by a reduced number of unique starters across all breeds relative to Fiscal Year 2016-17. Thoroughbreds and Standardbreds contributed to the bulk of this unfavourable variance.
  • To minimize the impact resulting from a reduced horse supply, the number of races declined to maintain average field sizes to levels consistent with the previous year. These adjustments helped partially offset the horse shortage effect, with year-to-date average field sizes down for all breeds (-1.0%) but to a lesser extent than the number of unique starters (-4.0%).


Detailed Performance Results:

Quarter 1 (April 1, 2017 to June 30, 2017)
Quarter 2 (April 1, 2017 to September 30, 2017)

Quarter 3 (April 1, 2017 to December 31, 2017)

 

WAGERING DATA

As part of Ontario Racing’s commitment to transparency and industry information sharing, OR has provide a ten-year overview of Ontario related wagering – specifically wagering by Ontario customers, and wagering on Ontario product.