INDUSTRY
AAEP News February 2018 XI
U.S. Thoroughbred wagering up, harness wagering down in 2017
Bolstered by September IRS reforms to federal withhold- ing and reporting requirements for pari-mutuel winnings, total wagering on U.S. Thoroughbred racing in 2017 increased 1.6% to $10,903,635,795. The total reflects a $170,911,689 gain from 2016 and marks the third consecutive year of increased wagering.
Wagering gains were achieved despite a 2.1% decline in the number of race days and a 1.7% decline in the number of races. Purse money dipped 0.4% to $1,079,739,805. Nearly half of the wagering increase was achieved in the final two months of the year as new, bettor-friendly regulations exempted large numbers of bets from triggering the imposition of a 20% withholding on winnings.
Meanwhile, total wagering on U.S. harness racing in 2017 fell 4.4% to $1,383,189,222, a decline of $63,579,485 from 2016. The number of race days dipped 1.8%; however, purses increased 2.4% to $432,995,289.
AAEP Educational Partner Profile: IDEXX
Being an AAEP Educational Partner is just one of the ways IDEXX Laboratories supports equine care and the practitioners who provide it.
Our extensive range of solutions includes innovative diagnostic tests, expert consulting, digital radiography and advanced patient monitoring technologies. Each product or service is designed to help equine practitioners meet their clients’ need for faster, more accurate diagnoses.
The IDEXX VetLab® integrated suite of in-house analyzers produces a
comprehensive patient picture in just minutes. The suite includes the Catalyst Dx®
Chemistry Analyzer, featuring the Equine 15 CLIP of 13 essential chemistries along with two ratios for screening and identifying equine health concerns. Practitioners can turn to the ProCyte Dx®
Foal IgG Test. Hematology Analyzer for
precise and comprehensive hematology results, including flags for banded neutrophils and equine fluid analysis. And for fast, critical answers in the field, there’s the SNAP®
For routine and advanced testing, or case consultations, equine practitioners can rely on our local network of IDEXX Reference Laboratories. IDEXX provides exclusive equine advanced testing protocols, including the Comprehensive Equine Respiratory RealPCR™ Panel, which lets veterinarians submit one sample to test for 10 pathogens: equine rhinitis A and B viruses; equine herpesvirus types 1, 2, 4 and 5; equine adenovirus as well as Streptococcus equi subsp. equi and equine influenza virus, with the option to add a test for equine arteritis virus. They also offer the Strangles RealPCRTM Screen, an economical way to test for the three pathogens that can cause strangles or strangles-like disease; and the Equine Diarrhea RealPCR™ Panel, which uses just one sample to test for 10 gastrointestinal pathogens for more focused treatment decisions.
IDEXX is committed to delivering solutions that protect the welfare of horses and support those who care for them. For the latest information on IDEXX diagnostics, visit
idexx.com/equine.
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