In 2025, U.S. horse race wagering continues to decline, with total betting down 2.56% year-over-year due to fewer race days and weather-related cancellations, despite a slight increase in average betting per race day. The industry faces additional challenges from controversial disqualifications and the growing influence of computer-assisted wagering (CAW), which creates volatile odds and frustrates retail bettors who feel disadvantaged by last-minute odds swings and large exotic bets placed by CAW groups. Tracks like Del Mar have begun restricting CAW participation in win pools to stabilize odds and restore bettor confidence.

These developments contribute to a widening divide between high-tech CAW players and everyday gamblers, raising concerns about fairness and the future growth of the sport. Industry leaders, including the newly elected Jockey Club Chair Everett Dobson, acknowledge these tensions and are seeking practical solutions to balance growth with protecting retail bettors. With the Triple Crown season over and competing sports like football gaining attention, horse racing faces an uphill battle to reverse the downward wagering trend in the latter half of 2025.