Horse racing is one of the oldest and most popular sports in the United States. It has been a part of the American sporting landscape since the early 19th century, when the first racehorses in the United States began competing in the early 1800s. Horse racing has since grown to become one of the most popular spectator sports in the country. It’s a multi-billion dollar industry that is enjoyed by millions of fans each year.
History of Horse Racing in America
The first horse races in the United States were held in New York in the early 1800s. These races were mostly informal, held on the streets and other public spaces. Over time, more formal racetracks were built and organized horse racing began to take shape.
The first major horse racing venue in the United States was Saratoga Race Course in upstate New York, which opened in 1863. Since then, dozens of other racetracks have opened across the nation, from the renowned Churchill Downs in Kentucky to the iconic Santa Anita Park in California.
Types of Horse Racing in USA
Horse racing in the United States is divided into several different types, each of which offers its own unique experience. These include:
Thoroughbred Racing
Thoroughbred racing is the most popular and widely recognized form of horse racing in the United States. It is the type of racing most commonly seen on television and in the movies. It is also the type of racing that is held at the most famous and prestigious racetracks in the country, such as the Kentucky Derby and Preakness Stakes.
Harness Racing
Harness racing is another form of horse racing that is popular in the United States. It is similar to thoroughbred racing, except that the horses pull a two-wheeled cart called a sulky instead of being ridden by a jockey. Harness racing is typically held on smaller tracks, such as state fairs and county fairs.
Quarter Horse Racing
Quarter horse racing is a type of horse racing that is popular in the western United States. It is similar to thoroughbred racing, except that the horses are shorter and faster. Races are typically shorter than thoroughbred races, usually running for a quarter of a mile or less.
Steeplechase Racing
Steeplechase racing is another type of horse racing that is popular in the United States. It is similar to thoroughbred racing, except that the horses must jump over obstacles such as fences, ditches, and water hazards. Steeplechase races are typically held on larger tracks and can last for up to two miles.
Popularity of Horse Racing in USA
Horse racing is a popular sport in the United States, and its popularity has grown over the years. According to the National Thoroughbred Racing Association, the total handle (the total amount wagered on races) for the 2019 racing season was $11.1 billion. This is an increase of 9.5% from the previous year. This amount does not include off-track betting, which is estimated to have brought in an additional $2 billion.
Economic Impact of Horse Racing in USA
The economic impact of horse racing in the United States is significant. According to the National Thoroughbred Racing Association, the horse racing industry contributes $18.5 billion to the US economy each year. This includes direct and indirect spending, as well as taxes, fees, and other economic benefits.
The industry is responsible for over 200,000 jobs in the United States, including jobs in racing, breeding, and related industries. It also supports local economies, as most racetracks are located in rural areas and are major employers in their communities.
Future of Horse Racing in USA
Horse racing has a long and storied history in the United States and has been an important part of the American sports landscape for centuries. Despite its popularity and economic importance, the future of horse racing in the United States is uncertain.
There is a growing trend of racetracks closing in the United States, as they struggle to compete with other forms of entertainment and gambling. Additionally, the rising costs of horses and training are making it increasingly difficult for smaller tracks to stay afloat.
Conclusion
Horse racing is an important and popular part of the American sports landscape. It is a multi-billion dollar industry that supports local economies and employs over 200,000 people. Despite its popularity and economic importance, the future of horse racing in the United States is uncertain. The rising costs of horses and training as well as competition from other forms of entertainment and gambling may make it difficult for smaller racetracks to stay open in the future.