Industry Statistics

According to a Deloitte report released in 2005, the Ohio equine industry:…produces a total economic impact valued at approximately $2.2 billion

  • $731 million from RACING
  • $647 million from SHOWING
  • $628 million from RECREATION
  • $179 million from other disciplines

… involves approximately 181,700 Ohioans
… generates 16,600 direct jobs and 42,700 total jobs
… includes over 307,000 horses

Ohio Racing Industry not on a level playing field …

  • Average purse for a race conducted in Ohio: $3,649
  • Average purse for a race conducted at a racetrack with expanded gaming: $14,761
  • In states with horse racing, Ohio ranks 26th out of 30 in average daily purses
  • Wagering in Ohio has been on a steep decline since 2001
    • 2001 - $620 million
    • 2006 - $430 million
    • 2007 (est) - $350-400 million
  • Has equated to loss in revenue for state programs (ex. $1.7 million drop in PASSPORT)

Impact of competitive disadvantage on breeding farms …

Ohio was #1 in the country for many years in Standardbred foal production

In two years, Ohio Standardbred foal production dropped to #6 in the country

Total Standardbred mares bred in Ohio:

  • 1996 – 3,383
  • 2006 – 1,997
  • 2007 – 1,261

Mares bred at a family farm operation in Central Ohio

  • 2004 – 546
  • 2005 – 437
  • 2006 – 413
  • 2007 – 362

From 2001 to 2006, Ohio Thoroughbred foal production dropped from 634 to 292

  • 2001 – 634
  • 2002 – 612
  • 2003 – 542
  • 2004 – 445
  • 2005 – 377
  • 2006 – 292
Industry Statistics