The Horse Racing Tracks industry has been slowly galloping downhill, with too many tracks and not enough spectators. Additionally, rising competition from casinos, slot machines and lotteries has hurt profitability. As a result of these trends, IBISWorld estimates that industry revenue will continue to contract over the next five years.
Companies in this industry operate horse racing tracks and offer on-track, off-track and simulcast betting, gaming and other services.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.