Influence on society and economy

 

  Hello! This blog is final article at last. I tell you various things about horse racing. So you understand “What is horse racing?” and system of horse racing. You can already join the race, and you can buy the betting ticket! But this time I tell you influence on society and economy because horse racing is important in society and economy. You may not know horse racing is important in society and economy, so I tell you that.

  JRA pay national treasury 10% of benefit (275 billion in 2008), so if it were not for horse racing in japan, national budget is hurt. In addition, economy of not only nation but also area is hurt. For example, Fukushima race track could not held races because of Tohoku earthquake (March 11^th, 2011). So contribution from JRA decreased sharply and industry around the Fukushima race track was given damage. Moreover Fukushima race track was polluted by radioactive substances. Number of people who came to the Fukushima race track is 280 thousand and amount sold was 6.9 billion yen in 2010, so influence on economy was several hundreds of millions of yen. However, in 2011, amount sold decrease sharply; as a result economy of the area is given big damage. On April 7^th 2012, race began at Fukushima race track and Fukushima horse racing is resumed. In 2011, settlement of JRA was deficit, and amount of financial deficit is 10.6 billion yen.

  In addition, sales of horse racing decrease and decrease. Please look this picture.

(figure1) amount of sold

Racing operated by the Japan Racing Association (JRA) is still vibrant but municipally operated racing is not vibrant. So it is important that horse racing, especially municipally operated racing liven up.

  So we should liven up horse racing. By the way, what should we do? Please look this picture.

(figure2) people who come to race track

Like this, there are two booms in history. these are around 1975 and around 1995. Those two booms are caused by Star Horses for example Haiseiko, Oguri Cap, and etc. So if star horse is birth, people who come to race track may increase. Furthermore, JRA has to catch a new customer, so they should think various events in order to liven up horse racing.

Like this, horse racing has a big influence on society and economy, and JRA has to liven up dispirited horse racing. Economy of Japan is harsh conditions so it is important to liven up horse racing. This time I tell you influence on society and economy, so you may understand how horse racing important is. It is essential for economy of Japan. You already know horse racing. Do you have interest in horse racing? I am happy if you have interest in horse racing. At first, please watch horse races on Internet. It is really interesting! At last, I introduce my favorite race video.

Is it interesting? Horse racing has many dreams and I want you to know interest of horse racing. Thank you and good bye.