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Racing in the Depression | American Experience | PBS

    https://www.pbs.org/wgbh/americanexperience/features/seabiscuit-racing-depression/#:~:text=By%20the%20time%20the%20Great%20Depression%20descended%20on,of%20legislation%20making%20betting%20illegal.%20The%20sport%20crumbled.
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HORSE RACING; War and Recession Hit Thoroughbred …

    https://www.nytimes.com/1991/02/03/sports/horse-racing-war-and-recession-hit-thoroughbred-industry.html
    Or is horse racing reflecting a cutback in the public's spending on travel and leisure because of both the recession and the war? On the international level, …

HOW IS GAMBLING FARING IN THE RECESSION? - Horse Racing …

    http://www.horseracingbusiness.com/how-is-gambling-faring-in-the-recession-541.htm
    Horse Racing Handle on U.S. and Canadian Thoroughbred racing declined by nearly 10% (9.85% to be precise) in the 3rd quarter of 2008, continuing a trend that started earlier in the year ( The Blood-Horse, October 18, 2008). Purses were down 2.37% in the same period. Ominously, yearling prices collapsed.

Racing in the Depression | American Experience | PBS

    https://www.pbs.org/wgbh/americanexperience/features/seabiscuit-racing-depression/
    By the time the Great Depression descended on the nation like a bitter cold front, horse racing in the United States was already in a deep freeze. It had gone cold during the first decade of the...

Recession doubles the number of racehorses being …

    https://www.theguardian.com/sport/2012/jun/02/recession-number-racehorses-destroyed-abbatoirs
    The rise comes as charities warn that the recession is having an effect on the welfare of all types of horses and ponies, with many owners struggling to pay for the upkeep of their animals....

WHY HORSE RACING DECLINED

    http://www.horseracingbusiness.com/why-horse-racing-declined-45.htm
    the biggest contributor to the decline of horse racing is the industry it self.the business is not short of thieves,con men and has a large amount of people in the industry who are not very smart at every level.the industry has never invested in it self.training the people who do the jobs and their is a slew of job titles.only new jersey as a state a while back made strides in …

Recession Not Always Bad Sale News - BloodHorse

    https://www.bloodhorse.com/horse-racing/articles/153232/recession-not-always-bad-sale-news
    Oil prices also contributed to the recession of 1980-82. During the first two years of that downturn, the yearling average was on the upswing, …

Can Horse Racing Survive? | The New Yorker

    https://www.newyorker.com/magazine/2021/05/24/can-horse-racing-survive
    The first twenty-three horses who had died during the crisis of 2019 were undergoing necropsies at the University of California, Davis. The results had not yet been released, but Alexander said ...

The Unconventional Way ZipRecruiter Is Tracking the …

    https://www.inc.com/graham-winfrey/recession-economic-indicator-horse-racing-keeneland-auction.html
    Racehorse sales declined during the early days of the Great Recession of 2008-2009 and the recession of 1990-1991, Pollak notes, and not coincidentally.

The Effect of Recessions on Gambling Expenditures - PMC

    https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3501160/
    While Tenkel ( 1970) provides anecdotal evidence that during the Great Depression there was an upswing in betting on horses and numbers, analyses about the effect of the Asian crisis (Gu 1999; Raab and Schwer 2003) indicate a decrease in gambling due to the downturn.

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.

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