In 1991, Xi’an Changle Racecourse hosted the first prize-winning horse race in the history of New China. In the nearly ten years since then, commercial horse racing events have been carried out and gradually prospered throughout the country. Horse racing once became the fastest growing and most complete competition performance industry in China’s sports industry.
But fromIn 2001, our country banned gambling After the horse racing event, the horse racing industry in China has been looking for a new development model. Now, under the environment of open policy and optimistic capital, China’s horse racing industry has ushered in new opportunities.
This article is from WeChat official account:Sports Industry Ecosphere (ID: ECO-SPORTS), author: Chen little, the original title: “re-sail of the Chinese race road where? Thirteen British experts shared these developments | Column”, head picture from: IC photo
From the perspective of project attributes, horse racing is a sport with a low appreciation threshold, fierce competition, and suspenseful results. It is suitable for popularization and promotion. At the same time, the combination of horse racing and sports betting can become a catalyst and lubricant for the development of this industry. But to ensure that the horse racing industry can develop in a formal and active manner, and effectively promote the upstream and downstream of its industrial chain and surrounding economies, what is needed is a more comprehensive and rigorous governance structure, management methods and sound rules and regulations.
As the birthplace of speed horse racing, the British horse racing industry has a long history and mature development. At present, the horse racing industry is the second largest sports industry in the UK after football. In the process of continuous development, a strict breeding supervision system and a complete and mature commercial horse racing system have been gradually established.
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