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Maryland: Horse Racing Industry Has $500 Million Economic Impa…
https://www.paulickreport.com/news/the-biz/maryland-horse-racing-industry-has-500-million-economic-impact/#:~:text=The%202018%20Economic%20Impact%20Study%20produced%20by%20the,million%20impact%20from%20the%20horse%20racing%20sector%20alone.
The Economic Impact of Horse Racing – Horse Racing-Facts
https://horseracing-facts.com/2020/03/the-economic-impact-of-horse-racing/
The Economic Impact of Horse Racing The U.S. horse industry encompasses all horse-related activities, including farming and sport and recreation, and adds $122 billion to the U.S. economy. According to the American Horse Council’s 2017 Economic Impact report, the horse industry also has a total employment impact of more than 1.7 million jobs.
Economic impact of the horse industry | UMN Extension
https://extension.umn.edu/horse-ownership/economic-impact-horse-industry
The total economic impact of the horse industry in the United States is $122 billion, creating 1.7 million jobs. About 31 percent of United States households contain a horse enthusiast. Minnesota ranks 18th for the state with the greatest horse population. The horse industry contributes $1 billion and over 15,000 jobs to the Minnesota economy.
Economics – American Horse Council
https://www.horsecouncil.org/resources/economics/
Adding these ripple effects results in an estimate of the total contribution of the horse industry to the U.S. economy of $122 billion, and a total employment impact of 1.7 million jobs. Some key industry statistics and economic indicators: Estimated number of horses in the U.S. 7.2 million Estimated number of horses by activity
Economic Impact of the Horse Racing and Breeding …
https://www.extension.purdue.edu/extmedia/ID/ID-445-W.pdf
Economic Impact of Horse Racing on the Indiana Economy The horse racing industry in Indiana generates by direct payment, as well as from indirect and induced economic activity, $73 million in tax revenues. Of that, $29 million is in various forms of federal taxes and $45 million in state and local taxes. The economic impact of the industry is ...
Economic Impact OF THE HORSE INDUSTRY
https://nytha.com/wp-content/uploads/2018/08/AHC_Economic_Study_2018.pdf
The economic activity involved in caring for New York’s estimated 154,000 horses, along with the spending by horse enthusiasts in their pursuit of horse events and recreation, has a nearly $5.3 billion impact on New York’s economy and supports a total of 42,400 jobs. Total Output to the New York Economy:$5.3 billion.
Equine Economic Impact - Horse Economic Impact - Allen ...
https://www.eqgroup.com/library/eqstats_us/
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. Approximately 1.8 million people own horses, with another 2 million people involved as volunteers or through a family affiliation.
The 2017 Economic Impact Study of the U.S. Horse Industry
https://www.equinebusinessassociation.com/2017-economic-impact-study-u-s-horse-industry/
The U.S. horse industry has an economic impact of around $122 billion, which is $20 billion dollars more than the estimation made in the 2005 study. The industry also employs around 1.74 million people, and is responsible for 7.2 million horses, with Texas, Florida and California having the highest horse populations.
Is the Sport of Horse Racing a Dying Industry?
https://horseracingsense.com/is-sport-horse-racing-dying-industry/
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.
Economic impact of British Racing for the British ...
https://www2.deloitte.com/uk/en/pages/sports-business-group/articles/economic-impact-of-british-racing.html
The reports are the definitive guides into the impact of the horseracing industry in terms of revenues and expenditure, employment, taxation generated, capital investment, media exposure, its relationship with the betting industry, etc. The reports have provided valuable advocacy, educational and promotional tools for the industry.
Equine Industry Statistics Overview l Equine Business ...
https://www.equinebusinessassociation.com/equine-industry-statistics/
Racing is the best attended Sport in the UK after football20 Internationally In America, the Equine Industry has a greater economic impact than motion pictures; in Australia, it contributes only 14% less than the livestock industry 21 The number of horse clubs in China has increased by 1500% in recent years, from 90 in 2010 to 1400 in 2017.
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