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Reasons for the Decline of Horse Racing - The New York Times
https://therail.blogs.nytimes.com/2010/06/06/reasons-for-the-decline-of-horse-racing/#:~:text=%20Reasons%20for%20the%20Decline%20of%20Horse%20Racing,to%201960s%20went%20to%20the%20racetrack.%20More%20
Is the Sport of Horse Racing a Dying Industry?
https://horseracingsense.com/is-sport-horse-racing-dying-industry/
Years that horse racing fell into a decline. The horse racing industry was valued at three billion dollars back in 2020, reflecting a decrease of over 5 billion dollars over the previous years. Additionally, from 1985 to 2015, horse racing experienced a 3% decline in the polls, and recent studies show that this sport has continued to decline over the past two decades.
WHY HORSE RACING DECLINED
http://www.horseracingbusiness.com/why-horse-racing-declined-45.htm
Following are some of the major factors that account for this deterioration: 1. Urbanization. As the United States evolved from an agrarian society to one based on manufacturing and services, the... 2. Population Expansion in the Sunbelt. The Sunbelt states have been rapidly growing as compared to ...
Horse racing on the decline? Not in this state ... - Fox …
https://www.foxbusiness.com/features/horse-racing-industry-massachusetts-tracks
Wagering on U.S. horse racing events experienced a significant decline in recent years to roughly $11.2 billion in 2018 from $16 billion in the early 2000s, according to Equibase.
The Truth Behind Horse Race Betting And Its Current …
https://tcdhorseracing.com/horse-race-betting-popularity/
showed that without any type of intervention, betting on horse racing would see a major decline. They estimated that by 2021, horse race betting would see a total decline of up to 25 per cent. They noted that the sport had failed to keep up with other, more modern types of gambling, and that the competition was starting to outpace many of the attempts of horse race …
Reasons for the Decline of Horse Racing - The New York …
https://therail.blogs.nytimes.com/2010/06/06/reasons-for-the-decline-of-horse-racing/
Reasons for the Decline of Horse Racing 1. Other Forms of Gambling. Slots and casinos provide a simpler, quicker, more honest, and for most people, a more... 2. Traditional Individual Sports. Horse racing is not alone. Many traditional individual sports have seen their... 3. The Suburbanization of ...
An Industry in Decline: Can U.S. Horse Racing Turn the Corner?
http://t.www.na-businesspress.com/JMDC/JMDC14-1/2_Hoffman_14_1_.pdf
Today, the U.S. Horse Racing industry is in decline. Annual growth was at -1.20% between 2012 and 2017 and annual growth is expected to be at- 0.4% through 2022. Industry revenue is expected to fall 0.8% in 2017 (Alvarez, 2017). Globally, the industry is doing well. What is happening to the U.S. Horse Racing Industry? Can companies survive?
The time for horse racing has passed. It’s time to outlaw it.
https://www.washingtonpost.com/opinions/the-staggering-toll-in-dead-horses-makes-it-clear-its-time-to-outlaw-horse-racing/2019/10/08/b0f97a06-e52c-11e9-a331-2df12d56a80b_story.html
The decline might have been much steeper if horse racing weren’t heavily subsidized by revenue from slot machines, steered to tracks in many states by politicians hoping to aid the racing industry.
The Slow Decline of the Sport of Kings | The New Republic
https://newrepublic.com/article/121970/slow-decline-sport-kings
The slow decline of horse racing from a racetrack veteran's perspective. ... I’ve worked in the horse racing industry as a pari-mutuel clerk—a person who takes and cashes bets—since 2003. My ...
No, Horse Racing Can't Be Saved—Even by a Triple Crown …
https://www.theatlantic.com/entertainment/archive/2014/05/no-horse-racing-cant-be-savedeven-by-a-triple-crown-winner/371255/
In response to the nearly 50 percent decline in attendance in just two decades, the racing industry appears to have stopped releasing annual attendance figures.
OLG wants to democratize horse racing » strategy
https://strategyonline.ca/2022/05/13/olg-wants-to-democratize-horse-racing/
OLG wants to democratize horse racing ... as well as supporting the horse racing industry with its gaming and marketing expertise. Its end-goal of making the industry financially self-sustaining is a tall order for an enterprise that has seen wagering on a protracted decline and not keeping up with the population growth of Ontario, according to ...
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