Horse Racing Market
Last updated
Last updated
Horse racing has been a popular spectator sport for centuries, with millions of fans around the world. The global horse racing market is valued at $300 billion and is expected to continue growing at a significant rate in the coming years. Horse racing is especially popular in the UK, where it is the second-most attended spectator sport, and in the USA, where millions of people attend races each year. It is also popular in countries such as France, Australia, Canada, Hong Kong, and Malaysia. In Japan, fans are known to camp out in line for big events. The analysts have been monitoring the horse racing and sports betting market and it is projected to increase by $139.52 billion during 2023-2025, growing at a CAGR of 9% during the forecast period.
Additionally, the use of blockchain technology in the world of horse racing and other sports is expected to increase, leading to the development of new and exciting blockchain games and applications that will further enhance the popularity of the sport. This integration of cutting-edge technology and traditional sports is expected to provide a unique and engaging experience for fans and participants alike.
