U.S. horse race wagering down in July

Wagering on U.S. horse races dropped slightly in July, according to monthly numbers released Thursday by Equibase.

Betting was down $20 million, or 1.96 percent, compared to July 2009, to $1.029 billion.

The drop in wagering was slightly less than the 3.23 percent drop in race days (630 in July 2010). Year to date, wagering is down 7.14 percent, to slightly more than $7 billion; race days are down 5.51 percent to 3,274.