Impact of the crisis on horse racing in the world Cover Image

Wpływ kryzysu na wyścigi konne na świecie
Impact of the crisis on horse racing in the world

Author(s): Marta Wincewicz-Bosy
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: economic crisis; horse racing; breeding; wagering

Summary/Abstract: Horse racing system getting involved a large number of different types of business entities causes that the development of racing in a positive manner can result in the development of the whole cooperative system. However, in the times of crisis, this dependence makes it tangible in all areas of the economic subsystem. Therefore this relation can have negative influence. In the horse racing system a special role is played by breeding, racing tracks and wagering. The economic crisis that began in 2008 had a negative impact on all components of horse racing system. It has particularly been felt in breeding activities, which have been struggling with the consequences until now. The crisis also negatively influences the system of racing organization and related wagering system. Europe and America continue to remain under the influence of negative consequence of the crisis, only the results in Asian indicate dealing with it.

  • Issue Year: 2013
  • Issue No: 315 vol 2
  • Page Range: 377-389
  • Page Count: 13
  • Language: Polish
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