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Horse racing profits to help rural communities | Columns ...
https://www.idahostatejournal.com/opinion/columns/horse-racing-profits-to-help-rural-communities/article_04ab9b16-2d05-59b4-9c26-42db9823efb3.html#:~:text=The%20revenue%20from%20historical%20horse%20racing%20helps%20to,races%2C%20more%20fans%2C%20and%20more%20economic%20activity%20overall.
The Economic Impact of Horse Racing
https://horseracing-facts.com/2020/03/the-economic-impact-of-horse-racing/
Horseracing Wrongs believes the purpose of horse racing is to satisfy “$2 bets.” But those $2 bets add up — horse racing adds a total of $36.6 billion to the U.S. economy. And then there are the jobs. The horse racing segment of the horse industry is responsible for supporting 241,237 jobs directly and 231,083 jobs indirectly.
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 Economic Impact - Allen Financial Group
https://www.eqgroup.com/library/eqstats_us/
The United States Horse Industry is a large and economically diverse industry that is a key contributor to the overall fabric of the U.S. economy. Horse …
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 ...
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.
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 ...
Benefits of Horses to Our Communities - ELCR
https://elcr.org/conservation-resources/equine-economic-impact/
There are many economic impact studies that support the economic impact of the horse at the local, state and national level. Beyond the notable economic impact that horses bring to a community, it has been proven scientifically that horses help humans physically, mentally and emotionally. In addition, horses and horse lands provide notable environmental benefits to our …
Economic Impact of the Horse Racing and Breeding …
https://www.extension.purdue.edu/extmedia/ID/ID-445-W.pdf
ID-445-W Economic Impact of the Horse Racing and Breeding Industry to Indiana million for Indiana. The 2005 study reported $5 million paid in state and local taxes by the racehorse industry. The horse industry in the United States contributes $39 billion in direct economic impact to the U.S. economy and supports 1.4 million jobs on a
Economics of Sport - The Economics of Sport
https://www.sportseconomics.org/sports-economics/category/horse%20racing
Irish Soccer and Horse Racing. In our latest post “Economic Impact of Sport in the EU” John explored the economic impact of sport in the EU. It can be seen from the bubbles in the graphic that Ireland is lower than in most countries, with sport accounting for 1.68% of total employment and 1.03% GDP.
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
We have produced three studies into the Economic Impact of the British Horseracing industry for the governing body of racing. 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.
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