Horse Racing Tracks in the US - Industry Market Research Report

Horse Racing Tracks in the US - Industry Market Research Report

  • January 2021 •
  • 47 pages •
  • Report ID: 5103724 •
  • Format: PDF
Need for speed: Industry revenue will likely grow as operators improve marketing and broader service offerings

Abstract

Horse Racing Tracks
In line with a long-term decline, the Horse Racing Tracks industry has been outpaced over the five years to 2018. Industry demand is increasingly being eroded as competing leisure and gambling activities progressively outcompete horse racing tracks in attracting customers. As older generations comprising the majority of the industry’s customer base diminish over time, the industry has been unable to attract substantial customers from younger generations to fill their place. As a result, industry revenue is expected to decline during the current period. Over the five years to 2023, industry revenue is expected to continue declining, albeit at a slower pace than the previous five years, largely due to the overall declining populaity of horse racing.

Operators in the Horse Racing Tracks 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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