Betting on Thoroughbred racing continued its slump in October.
Wagering on U.S. races was down last month by $63 million compared to 2009, a 6.73 percent decline, according to monthly figures released Thursday by Equibase. Purses were down 8.42 percent, and there were 61 fewer days of racing.
Year-to-date, betting is down by $758 million, a 7.15 percent drop from 2009. Year-to-date purses are 5.94 percent lower — down about $55 million — with 406 fewer days of racing.