Wagering on U.S. Thoroughbred racing continued to decline last month, according to figures released Friday by The Jockey Club's Equibase Co.
Betting was down 8.27 percent in May from the same month in 2009, from $1.38 billion to $1.26 billion.
This year's figures were affected by Kentucky Oaks Day, which was April 30 this year but in May in 2009.
But the overall trend also continued downward, with wagering year to date down 8.37 percent, from $5.51 billion to $5.05 billion. Purses in May fell 4.82 percent, from $105 million to $100 million, and year-to-date purses are down 6.68 percent, from $404 million to $377 million.