Horse Racing Tracks
In line with a long-term decline, the Horse Racing Tracks industry has been outpaced over the past five years. Industry demand is increasingly being eroded as competing leisure and gambling activities progressively outcompete horse racing tracks in attracting customers. Low employment and per capita disposable income have led to a reduction in discretionary consumer spending, including at industry establishments. The Horse Racing Tracks industry is expected to continue to decline over the five years to 2022, albeit at a slower rate than the past five years. Growth in the US economy is expected to increase disposable incomes, spurring increased consumer discretionary spending, including on horse racing.
Operators in this industry operate horse racing tracks. Industry services include on-track, off-track and simulcast betting, as well as other gambling activities and services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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