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Horse Economic Impact - Allen Financial Group
https://www.eqgroup.com/library/eqstats_us/#:~:text=When%20considering%20indirect%20and%20induced%20spending%2C%20the%20horse,showing%20segment%2C%20and%20%2432.0%20for%20the%20recreational%20segment.
Economics – American Horse Council
https://www.horsecouncil.org/resources/economics/
The horse industry contributes approximately $50 billion in direct economic impact to the U.S. economy, and has a direct employment impact of 988,394 jobs. Additionally, the industry itself contributes $38 billion in direct wages, salaries, and benefits. From those direct effects, the horse industry’s contribution ripples out into other sectors of the economy.
How Much Money Do Horse Racers Make? 2022
https://www.ezhorsebetting.com/how-much-money-do-horse-racers-make/
According to Money the average yearly income for a race horse owner is about $75,000. This may or may not include income from other sources. Some owners are fortunate enough to also earn money from stud fees if a horse they own is exceptionally talented. As for the earnings from races, an owner makes 60% of the purse when their horse wins.
11 Horse Racing Industry Statistics and Trends
https://brandongaille.com/10-horse-racing-industry-statistics-and-trends/
Horse Economic Impact - Allen Financial Group
https://www.eqgroup.com/library/eqstats_us/
When considering indirect and induced spending, the horse industry annually generates approximately $102 billion dollars for the U.S. economy. Of the total economic impacts reported, approximately $26.1 billion is generated from the racing segment, $28.8 billion from the showing segment, and $32.0 for the recreational segment.
How Does Horse Racing Make Money? - Betting Gods
https://bettinggods.com/faqs/how-does-horse-racing-make-money/
If you can afford to chuck £20 or £30 a week on a few bets, it’s no different from going out and having a few pints. If you’re placing accas or big-priced combo bets, you could even get lucky and win a tasty sum of money. Horse racing also needs this type of punter to keep the circle of bookmakers, sponsorship, and prize money going.
Horse-racing contributes billions to our economy - The …
https://www.independent.co.uk/voices/horseracing-contributes-billions-to-our-economy-it-would-be-absurd-to-ban-the-grand-national-a6972921.html
Not only does the sport contribute an estimated £3.45bn to our economy, largely from rural areas, but of the roughly 1m strong horse population, racehorses are the best looked after 2 per cent in ...
Equine Industry Statistics Overview l Equine Business Association
https://www.equinebusinessassociation.com/equine-industry-statistics/
British horse racing alone generated £3.45bn in direct, indirect and induced expenditure and this industry contributed £276m in tax in 201217 An estimated 3.5m people in Britain rode in 2010-11 and were further inspired to take up horse sport by …
Racing - National Industry Insights Report
https://nationalindustryinsights.aisc.net.au/industries/racing
In 2017–18, horse and greyhound racing contributed approximately $1.4 billion to the Australian Gross Domestic Product. Further value-added income for the economy is generated by breeding, horse sales, prize money and wagering.
How much money did Rich Strike win at the 2022 …
https://news.yahoo.com/much-money-did-rich-strike-162849318.html
How much money did other 2022 Kentucky Derby top finishers make? Second-place finisher Epicenter was awarded $600,000 but did not end trainer Steve Asmussen's 0-for-24 Derby drought. Zandon received $300,000 for finishing third, and fourth-place finisher Simplification earned $150,000. Mo Donegal, who finished fifth, won $90,000.
The Longshot Winner of the Kentucky Derby Just …
https://www.inc.com/jeff-haden/the-longshot-winner-of-kentucky-derby-just-revealed-a-brutal-truth-about-a-common-cognitive-bias.html
In seven starts, his only win was in a $30,000 claiming race for horses who had never won. (He was claimed after the race, which means he cost his owners $30,000. One of the favorites, Taiba, was ...
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