Total handle on U.S. races this February dropped by 6.8 percent, according to figures released by Equibase on Thursday, due entirely to harsh winter weather that led to cancellations of races across the U.S.
While total handle fell from $901.3 million to $840.1 million, the number of races held in the month plunged 22.2 percent, from 2,477 last year to 1,928 this year. A winter storm in the middle of the month resulted in cancellations throughout the South, Midwest, and Northeast.