The Global Horseracing Industry

This book provides a comprehensive analysis of the horseracing industry, addressing its economic, social, and ethical challenges while exploring its cultural significance and potential future directions in a changing landscape.

The Global Horseracing Industry provides a comprehensive analysis of the horseracing, thoroughbred breeding, and gambling sectors, which collectively represent a multi-billion dollar global market. However, these industries are currently grappling with significant challenges, including the emergence of alternative leisure gambling options and growing concerns regarding the ethical treatment of animals in equestrian sports. This book delves into these pressing issues from various perspectives, including geographical, economic, social, ethical, and environmental viewpoints.

The author employs extensive mixed-method research to investigate the racing and breeding industries across several countries, including the United States, Australia, the United Kingdom, Canada, and New Zealand. The text also incorporates comparative insights from other prominent racing hubs such as Ireland, Singapore, and Hong Kong. By examining the economic framework of the global racing business, the book draws parallels with other major international sports and equestrian activities, offering a nuanced understanding of the industry's dynamics.

In addition to its economic analysis, The Global Horseracing Industry addresses the social and cultural implications of the sport, particularly its influence on rural communities and environments. It highlights the balance between tradition and modern advancements in science and technology. The book also confronts ethical dilemmas within horseracing, such as reproductive practices and the use of whips, emphasizing the conflict between viewing horses as valuable commodities and recognizing their intrinsic worth as sentient beings. Ultimately, it proposes potential future pathways for this significant international industry, making it a valuable read for those interested in sport, business, cultural geography, animal welfare, and environmental issues.