horse racing economics

Study: Economic Impact Of Del Mar Breeders’ Cup Highest Ever

The Breeders’ Cup World Championships, which debuted at Del Mar racetrack in 2017, generated $96.8 million in direct and indirect economic benefits for San Diego County, determined by a recent economic impact study by Sports Management Research Institute (SMRI). The results are the highest recorded for any prior Breeders’ Cup event and further emphasize Breeders’ […]

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HRB – Shanklin: 2011 Economic outlook

Last year at this time, Bill Shanklin of Horse Racing Business made predictions about the overall economy and how it would impact the racing industry.  To kick off 2011, he revisits those prognostications and makes new ones for the coming year.

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By Ray Paulick  We can blame the economy, and people like National Thoroughbred Racing Association CEO Alex Waldrop will almost certainly do so, when the dismal year-end figures show that pari-mutuel handle in the United States is at its lowest level since 1998.  But pointing to the dismal economy as the sole reason for […]

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