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2018 Market Analysis & Industry Outlook: Racetracks


Overview: the U.S. Racetracks Industry

This section provides answers to key questions about the industry:

  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?


Market Size & Industry Statistics

The total U.S. industry market size for Racetracks: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.



market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Racetracks industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Admissions To Live Sports Events

Gambling Machines

Pari-Mutuel Sports Gambling

Pari-Mutuel Sports Gambling, On The Event Premises

Pari-Mutuel Sports Gambling, Away From The Event Premises

Advertising Revenues

Sponsorship Rights

Sporting Event Broadcast And Other Media Rights

Sporting Event - Broadcast Rights

Meals And Beverages, Prepared And Served Or Dispensed, For Immediate Consumption

Meals And Non-Alcoholicoholic Beverages

Alcoholic Beverages

All Other Receipts

All Other Operating Receipts



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Racetracks company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Racetracks industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Racetracks measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 5%

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Chief Executives0%
General and Operations Managers2%
Arts, Design, Entertainment, Sports, and Media Occupations 17%
Entertainers and Performers, Sports and Related Workers 13%
Athletes, Coaches, Umpires, and Related Workers 12%
Athletes and Sports Competitors 6%
Protective Service Occupations 8%
Other Protective Service Workers 7%
Security Guards and Gaming Surveillance Officers 7%
Security Guards 6%
Food Preparation and Serving Related Occupations 7%
Food and Beverage Serving Workers 5%
Personal Care and Service Occupations 26%
Animal Care and Service Workers 7%
Nonfarm Animal Caretakers 6%
Nonfarm Animal Caretakers 6%
Entertainment Attendants and Related Workers 16%
Ushers, Lobby Attendants, and Ticket Takers 7%
Ushers, Lobby Attendants, and Ticket Takers 7%
Sales and Related Occupations 9%
Retail Sales Workers 5%
Office and Administrative Support Occupations 8%
Source: Bureau of Labor Statistics


Racetracks Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate









Top Innovators

CompanyInnovation Score

Additional companies, details and innovation scoring in the full report.

Latest Industry News

  • Mistakes MX Pros Made Transitioning to Off-Road - We talked to Mike Brown, Ryan Sipes, Damon Bradshaw, Rodney Smith, and Fred Andrews, racers who made the successful transition from racetracks to race trails, to find out what valuable lessons they learned along the way. In 2001, Mike Brown was the AMA ... (01/12/2018)
  • FIM Moto-e Cup - Because of the physical properties of the piston material used on the master cylinder, and the porosity generated during the injection process used to create them, the piston could crack when used on race tracks, or with frequent ABS intervention ... (01/11/2018)
  • Ford’s Hot Rod SUV Shows Need for Speed Roars On - “We shredded a lot of race tracks with this vehicle,” Jonathan Crocker, the Edge’s chief engineer, told reporters ahead of the reveal. If the idea of doing hot laps in the family hauler seems slightly absurd, welcome to the latest twist in the SUV craz (01/11/2018)
  • 'We Shredded a Lot of Race Tracks With This Vehicle.' Ford Unveils Its New Hot Rod SUV - Ford Motor has long souped up its sedans to satisfy customers looking for high performance. Car demand is waning now but the need for speed isn’t, so the automaker is rolling out a fresh hot rod that’s a sign of the times: its first race-ready SUV. (01/11/2018)
  • The horse industry faces new tax landscape in 2018 - AHC members filing as “C corporations” would include racetracks, makers of pharmaceuticals and agricultural equipment, and large breeding operations governed by officers and a board of directors, among others. While many policy experts believe that the ... (01/11/2018)
  • Local Politics: Could legalized sports betting come to Ohio? - In 2012, the legislature passed a law allowing sports betting at the state's struggling casinos and racetracks. That prompted the NCAA and four professional sports leagues — the NFL, NBA, NHL and MLB — to file suit, arguing the New Jersey law violates ... (01/10/2018)
  • Southern clubs deny smaller racetracks unsustainable - Southern clubs have hit back at suggestions some of New Zealand's smaller racetracks are unsustainable. However, the national body, New Zealand Thoroughbred Racing (NZTR), is remaining tight-lipped for now, following a meeting of industry representatives ... (01/10/2018)
  • New Seminole County rules for racing greyhounds frequently broken, records show - Racing greyhound dies, 72 dogs sickened at Sanford-Orlando Kennel Club Greyhound deaths at racetracks continue Cocaine found in 5 greyhounds following Florida races In addition, greyhound owners must document where the animals go after leaving the county ... (01/10/2018)
  • Electric Racetracks And Underwater Lounges To Dominate Cruise Ships In 2018 - Much like retail, cruise ship operators are shifting their focus to ensure they can offer the most memorable experiences for travelers. While robot bartenders had entered the market as an Instagram-worthy amenity last year, ships are expected to leave ... (01/09/2018)
  • Omaha, Lincoln racetracks file lawsuit to keep simulcasting; races could be on hold after first of the year - Horse racing tracks in Omaha and Lincoln have gone to federal court in hopes of winning the right to continue simulcasting in the new year. The suit, filed Friday, indicates how important simulcasting is to the tracks. They say they will lose millions of ... (12/31/2017)


Government Contracts

In 2016, the federal government spent a total of $9,600 on Racetracks. It has awarded 1 contracts to 1 companies, with an average value of $9,600 per company.   

Top government vendors:

CompanyFederal ContractsTotal Award Amount



Growth Opportunities / Competitive Threats

Companies in other industries may also sell similar products. Since there is an overlap in the customer base, there may be an opportunity for companies in Racetracks to sell additional products/services offered by these adjacent industries. Alternatively, these industries may identify further products in this industry to target. Products most at risk are those with the highest profit margins and lowest barriers to entry.

The following industries are competing channels for sales of similar products/services.

Admissions To Live Sporting Events
Competing IndustrySales Relative to RacetracksOpportunity/Threat
Sports Teams & Clubs
Gym, Fitness & Recreational Sports Centers Competing industry

Sales from other industries of Admissions To Live Sporting Events are less than those from Racetracks. This may mean that other channels are a competitive risk of increasing their Admissions To Live Sporting Events sales, taking market share from this industry.
Admissions To Live Sporting Events Product Sales Report



Advertising Services
Competing IndustrySales Relative to RacetracksOpportunity/Threat
Sports Teams & Clubs
Professional Organizations
Business Associations
Amusement & Theme Parks Competing industry
Condominium & Homeowner's Associations & Athletic Associations Competing industry

Sales from other industries of Advertising Services are less than those from Racetracks. This may mean that other channels are a competitive risk of increasing their Advertising Services sales, taking market share from this industry.
Advertising Services Product Sales Report



Meals & Bev, Prepared/Served/Dispensed, For Immediate Consumption
Meals & Bev, Prepared/Served/Dispensed, For Immediate Consumption Product Sales Report

Sponsorship Rights
Sponsorship Rights Product Sales Report

Meals & Non-Alcoholic Bev, Prepared/Served/Dispensed, For Immediate Consumption
Meals & Non-Alcoholic Bev, Prepared/Served/Dispensed, For Immediate Consumption Product Sales Report

Alcoholic Beverages Prepared/Served/Dispensed, For Immediate Consump
Alcoholic Beverages Prepared/Served/Dispensed, For Immediate Consump Product Sales Report

Parking Services
Parking Services Product Sales Report



Segments classified within this market research report

This industry market research report includes companies whose primary business is any of the following:
Speedways, Dog racetracks, Thoroughbred racetracks, Motorcycle racetracks, Harness racetracks, Automobile racetracks, Drag strips, Racetracks (e.g., automobile, dog, horse), Horse racetracks, Snowmobile racetracks, Stock car racetracks, Greyhound dog racetracks, etc.



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