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The Benefits of Horse Racing in Australia ...
http://oaksideparkstud.com.au/the-benefits-of-horse-racing-in-australia/#:~:text=Horses%20are%20undoubtedly%20known%20for%20being%20one%20of,racing%20makes%20to%20the%20economy%20is%20substantial.%20
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
Horse-racing contributes billions to our economy - it would be absurd to ban the Grand National Any stable lad or lass, among the 85,000 people whose livelihoods depend on racing, will tell you...
Economic impact of the horse industry | UMN Extension
https://extension.umn.edu/horse-ownership/economic-impact-horse-industry
Furthermore, varying disciplines, age groups and competition levels increase the participation in competitive events and leads to differences in spending. Horse competition in Minnesota contributes 7,666 jobs and a $366 million value added to the economy. The third major sector in the horse industry is racing.
HORSE RACING AS AN ECONOMIC FORCE IN NORTH AMERICA
http://www.horseracingbusiness.com/19095-19095.htm
In 2017, North American pari-mutuel handle was $11.6 billion. On the bloodstock side of the industry, auction sales in 2017 were nearly $1 billion. Thus the North American racing industry produced revenues of $12.6 billion annually not counting hard-to-estimate but consequential revenues from private transactions, such as stud fees, non-auction ...
“Big 3” Economic Drivers of Horse Industry: Recreation, Racing, …
https://www.equinechronicle.com/big-3-economic-drivers-of-horse-industry-recreation-racing-and-competition/
A Deeper Dive Into the AHC Foundation’s 2017 Economic Impact Study. (Washington, DC)- While the equine industry as a whole generates approximately $122 billion in total economic value, it’s commonly thought that the “big three” that are the primary economic drivers: Recreation, Racing, and Competition. However, the American Horse Council …
Is the Sport of Horse Racing a Dying Industry?
https://horseracingsense.com/is-sport-horse-racing-dying-industry/
The sport of horse racing isn’t dying, but it’s been on life-support. In 2020 the horse racing industry lost over five billion dollars compared to prior years, and its popularity declined. But the dwindling interest doesn’t mean it’s dying; people still bet and watch horses racing in great numbers. The horse racing industry was under ...
Thoroughbred Racing's Economic Impact - Forbes
https://www.forbes.com/2005/05/05/cx_sr_0504horseeconomics.html
The thoroughbred racing industry has a passionate following, but it's tiny and the barriers to entry are high. ... Click here for the slide show on horses and the economy.
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.
Why horse racing in Ireland is a $2.5 billion industry - CNN
https://edition.cnn.com/2017/09/19/sport/horse-racing-ireland-brian-kavanagh/index.html
(CNN) It's a country at the center of the thoroughbred industry, despite a population of fewer than five million people. Follow @cnnsport And with 28,000 people employed within Irish horse racing,...
Is Gambling Good For The Economy? - Betting Gods
https://bettinggods.com/sports-betting/is-gambling-good-for-the-economy/
The chance to pick a winner is what attracts people to racecourses, so you could say that betting on horse racing keeps thousands of people in employment and helps the economy. While there’s no argument that bookmakers make £millions from people betting on horse racing, you only need to go through the race cards on any given day to realise just how many races bookmakers …
Reasons Why Horse Racing is a Great Sporting Event
https://americanracehorse.com/reasons-why-horse-racing-is-a-great-sporting-event/
It’s a Cheap Thrill (If Done Responsibly) Horse racing events are accessible to almost everyone since it is affordable, and one can witness this event while also having fun. Upon comparing it to any other sporting event, it comes out that horse racing offers a cheap fee, and individuals can experience most of the fun.
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