A recently-completed University of Kentucky economic study determined that outside visitors to Keeneland race meets and sales delivered a $590 million annual impact on the Lexington economy.
The Florida Thoroughbred and Quarter Horse industries Feb. 3 renewed their request for the Florida legislature to clarify state laws on the definition of a horse race and released a study on breeding and racing's impact.
An economic impact study shows the Thoroughbred and Greyhound racing and breeding industries account for at least $321 million a year in total business volume in West Virginia.
Horsemen in Florida, concerned their voice may not be heard as the state examines gambling laws, are collaborating on an economic impact study.
A request for authorization for an economic study on Thoroughbred and Greyhound racing and breeding in West Virginia shed light on the friction between the racing and gaming sectors in the state.
An Indiana lawmaker has introduced legislation calling for an independent report on the economic impact of the horse racing and breeding industry in the state.
A recently released study shows horse racing has a $5.7 billion economic impact in Canada, and that racing in the province of Ontario accounts for 26% of total expenditures for the Canadian horse industry.
A report on the economic impact of the summer race meet at Saratoga has concluded that the Saratoga Springs, N.Y., track contributes about $200 million annually to the economy of a nine-county region.
Kentucky's horse industry will most likely be marginally involved in preparation of a statewide economic development strategic plan that should be completed by October 2011.
Statistics released by the Maryland Horse Industry Board show the equine industry in the state has assets worth about $5.6 billion, and that Thoroughbreds lead the way by population of breed.
Acting GTOBA president Robert Meier has been asked by Georgia House Speaker David Ralston to put together an advisory panel to complete an economic impact study on the feasibility and benefits of horseracing in the state.
Democratic Sen. Hillary Rodham Clinton of New York said individuals may not realize the economic importance of the horse industry to Empire state, and that even she was "a little surprised" when she saw the results of the most recent American Horse Council national economic impact study.
The American Horse Council announced Aug. 22 that its "Economic Impact of the Horse Industry Study" is now available for sale to the general public. The study finds that the horse industry in the U. S. contributes $39 billion in direct economic impact to the economy and supports 1.4 million jobs on a full-time basis.
The horse industry in the United States contributes $39 billion in direct economic impact and generates about $102 billion in total spending, according to a detailed economic impact study released June 28.
The release of what is being called the most comprehensive study ever done on the horse industry in the United States will be released June 28 in Washington, D.C.
The horse industry in New York has an annual economic impact of $2.4 billion, according to information contained in a national economic impact study to be released soon by the American Horse Council.
With a large increase in the number of horse owners that supplied information, a new economic impact study for the horse industry, the first in almost 10 years, is expected to be more statistically reliable than its 1996 counterpart.
The American Horse Council said about 160,000 postcard invitations have been distributed asking people to participate in the update of the national economic impact study of the horse industry.
Deloitte Consulting LLP has been retained by the American Horse Council to update the 1996 National Economic Impact Study of the Horse Industry in the U.S.
The Kentucky Horse Council is in the midst of collecting data for an Equine Impact Study. To help ensure the questionnaires are completed, Pat Day will appear in public service announcements urging people in the horse industry to participate.
No one in Kentucky knows exactly how many horses or farms make up what is now the state's number one agricultural industry, but the Kentucky Department of Agriculture, in partnership with some of the state's equine leaders, hopes to change that.
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