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Global Horse Racing Market Research Report 2025

Published Date: April 2025

Report Code: QYRE-Auto-23G8939

Global Horse Racing Market Insights and Forecast to 2028

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Global Horse Racing Market Research Report 2025

Code: QYRE-Auto-23G8939

Report

April 2025

Pages:74

QYResearch

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DESCRIPTION

TABLE OF CONTENT

TABLES & FIGURES

FEATURED COMPANIES

1xBet

Betfair (Flutter Entertainment)

Parimatch

Bet365

Kazanat Hippodrome

Almaty Hippodrome

William Hill

Horse Racing Market

The global market for Horse Racing was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.

Major business partners directly related to the horse racing industry include betting, event broadcasting and sponsors. In recent years, the proportion of gambling"s influence on the horse racing industry has gradually decreased, while the revenue from event broadcasting has gradually increased.

Kazakhstan Horse Racing includes 1xBet, Betfair (Flutter Entertainment), Parimatch, Bet365 and William Hill, etc. Kazakhstan top five companies hold a share over 56%.

This report aims to provide a comprehensive presentation of the global market for Horse Racing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Horse Racing.

The Horse Racing market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Horse Racing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Horse Racing companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Horse Racing Market Report

Report Metric	Details
Report Name	Horse Racing Market
Segment by Type	Win Bet Each Way Single Bet Mutliple Bets Straight Forecast Reverse Forecast Tricast
Segment by Application	Online Casino Offline Casino Others
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	1xBet, Betfair (Flutter Entertainment), Parimatch, Bet365, William Hill, Kazanat Hippodrome, Almaty Hippodrome
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Horse Racing company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

FAQ for this report

What is the market share of major companies in Horse Racing Market?

Ans: Kazakhstan top five companies hold a share over 56%.

Who are the main players in the Horse Racing Market report?

Ans: The main players in the Horse Racing Market are 1xBet, Betfair (Flutter Entertainment), Parimatch, Bet365, William Hill, Kazanat Hippodrome, Almaty Hippodrome

What are the Application segmentation covered in the Horse Racing Market report?

Ans: The Applications covered in the Horse Racing Market report are Online Casino, Offline Casino, Others

What are the Type segmentation covered in the Horse Racing Market report?

Ans: The Types covered in the Horse Racing Market report are Win Bet, Each Way, Single Bet, Mutliple Bets, Straight Forecast, Reverse Forecast, Tricast

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Horse Racing Market Size Growth Rate by Type: 2020 VS 2024 VS 2031

1.2.2 Win Bet

1.2.3 Each Way

1.2.4 Single Bet

1.2.5 Mutliple Bets

1.2.6 Straight Forecast

1.2.7 Reverse Forecast

1.2.8 Tricast

1.3 Market by Application

1.3.1 Global Horse Racing Market Growth by Application: 2020 VS 2024 VS 2031

1.3.2 Online Casino

1.3.3 Offline Casino

1.3.4 Others

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Global Growth Trends

2.1 Global Horse Racing Market Perspective (2020-2031)

2.2 Global Horse Racing Growth Trends by Region

2.2.1 Global Horse Racing Market Size by Region: 2020 VS 2024 VS 2031

2.2.2 Horse Racing Historic Market Size by Region (2020-2025)

2.2.3 Horse Racing Forecasted Market Size by Region (2026-2031)

2.3 Horse Racing Market Dynamics

2.3.1 Horse Racing Industry Trends

2.3.2 Horse Racing Market Drivers

2.3.3 Horse Racing Market Challenges

2.3.4 Horse Racing Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Horse Racing Players by Revenue

3.1.1 Global Top Horse Racing Players by Revenue (2020-2025)

3.1.2 Global Horse Racing Revenue Market Share by Players (2020-2025)

3.2 Global Horse Racing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Global Key Players Ranking by Horse Racing Revenue

3.4 Global Horse Racing Market Concentration Ratio

3.4.1 Global Horse Racing Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Horse Racing Revenue in 2024

3.5 Global Key Players of Horse Racing Head office and Area Served

3.6 Global Key Players of Horse Racing, Product and Application

3.7 Global Key Players of Horse Racing, Date of Enter into This Industry

3.8 Mergers & Acquisitions, Expansion Plans

4 Horse Racing Breakdown Data by Type

4.1 Global Horse Racing Historic Market Size by Type (2020-2025)

4.2 Global Horse Racing Forecasted Market Size by Type (2026-2031)

5 Horse Racing Breakdown Data by Application

5.1 Global Horse Racing Historic Market Size by Application (2020-2025)

5.2 Global Horse Racing Forecasted Market Size by Application (2026-2031)

6 North America

6.1 North America Horse Racing Market Size (2020-2031)

6.2 North America Horse Racing Market Growth Rate by Country: 2020 VS 2024 VS 2031

6.3 North America Horse Racing Market Size by Country (2020-2025)

6.4 North America Horse Racing Market Size by Country (2026-2031)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Horse Racing Market Size (2020-2031)

7.2 Europe Horse Racing Market Growth Rate by Country: 2020 VS 2024 VS 2031

7.3 Europe Horse Racing Market Size by Country (2020-2025)

7.4 Europe Horse Racing Market Size by Country (2026-2031)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Horse Racing Market Size (2020-2031)

8.2 Asia-Pacific Horse Racing Market Growth Rate by Region: 2020 VS 2024 VS 2031

8.3 Asia-Pacific Horse Racing Market Size by Region (2020-2025)

8.4 Asia-Pacific Horse Racing Market Size by Region (2026-2031)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Horse Racing Market Size (2020-2031)

9.2 Latin America Horse Racing Market Growth Rate by Country: 2020 VS 2024 VS 2031

9.3 Latin America Horse Racing Market Size by Country (2020-2025)

9.4 Latin America Horse Racing Market Size by Country (2026-2031)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Horse Racing Market Size (2020-2031)

10.2 Middle East & Africa Horse Racing Market Growth Rate by Country: 2020 VS 2024 VS 2031

10.3 Middle East & Africa Horse Racing Market Size by Country (2020-2025)

10.4 Middle East & Africa Horse Racing Market Size by Country (2026-2031)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 1xBet

11.1.1 1xBet Company Details

11.1.2 1xBet Business Overview

11.1.3 1xBet Horse Racing Introduction

11.1.4 1xBet Revenue in Horse Racing Business (2020-2025)

11.1.5 1xBet Recent Development

11.2 Betfair (Flutter Entertainment)

11.2.1 Betfair (Flutter Entertainment) Company Details

11.2.2 Betfair (Flutter Entertainment) Business Overview

11.2.3 Betfair (Flutter Entertainment) Horse Racing Introduction

11.2.4 Betfair (Flutter Entertainment) Revenue in Horse Racing Business (2020-2025)

11.2.5 Betfair (Flutter Entertainment) Recent Development

11.3 Parimatch

11.3.1 Parimatch Company Details

11.3.2 Parimatch Business Overview

11.3.3 Parimatch Horse Racing Introduction

11.3.4 Parimatch Revenue in Horse Racing Business (2020-2025)

11.3.5 Parimatch Recent Development

11.4 Bet365

11.4.1 Bet365 Company Details

11.4.2 Bet365 Business Overview

11.4.3 Bet365 Horse Racing Introduction

11.4.4 Bet365 Revenue in Horse Racing Business (2020-2025)

11.4.5 Bet365 Recent Development

11.5 William Hill

11.5.1 William Hill Company Details

11.5.2 William Hill Business Overview

11.5.3 William Hill Horse Racing Introduction

11.5.4 William Hill Revenue in Horse Racing Business (2020-2025)

11.5.5 William Hill Recent Development

11.6 Kazanat Hippodrome

11.6.1 Kazanat Hippodrome Company Details

11.6.2 Kazanat Hippodrome Business Overview

11.6.3 Kazanat Hippodrome Horse Racing Introduction

11.6.4 Kazanat Hippodrome Revenue in Horse Racing Business (2020-2025)

11.6.5 Kazanat Hippodrome Recent Development

11.7 Almaty Hippodrome

11.7.1 Almaty Hippodrome Company Details

11.7.2 Almaty Hippodrome Business Overview

11.7.3 Almaty Hippodrome Horse Racing Introduction

11.7.4 Almaty Hippodrome Revenue in Horse Racing Business (2020-2025)

11.7.5 Almaty Hippodrome Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

FEATURED COMPANIES

1xBet

Betfair (Flutter Entertainment)

Parimatch

Bet365

Kazanat Hippodrome

Almaty Hippodrome

William Hill

List of Tables

Table 1. Global Horse Racing Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031

Table 2. Key Players of Win Bet

Table 3. Key Players of Each Way

Table 4. Key Players of Single Bet

Table 5. Key Players of Mutliple Bets

Table 6. Key Players of Straight Forecast

Table 7. Key Players of Reverse Forecast

Table 8. Key Players of Tricast

Table 9. Global Horse Racing Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031

Table 10. Global Horse Racing Market Size by Region (US$ Million): 2020 VS 2024 VS 2031

Table 11. Global Horse Racing Market Size by Region (2020-2025) & (US$ Million)

Table 12. Global Horse Racing Market Share by Region (2020-2025)

Table 13. Global Horse Racing Forecasted Market Size by Region (2026-2031) & (US$ Million)

Table 14. Global Horse Racing Market Share by Region (2026-2031)

Table 15. Horse Racing Market Trends

Table 16. Horse Racing Market Drivers

Table 17. Horse Racing Market Challenges

Table 18. Horse Racing Market Restraints

Table 19. Global Horse Racing Revenue by Players (2020-2025) & (US$ Million)

Table 20. Global Horse Racing Market Share by Players (2020-2025)

Table 21. Global Top Horse Racing Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Horse Racing as of 2024)

Table 22. Ranking of Global Top Horse Racing Companies by Revenue (US$ Million) in 2024

Table 23. Global 5 Largest Players Market Share by Horse Racing Revenue (CR5 and HHI) & (2020-2025)

Table 24. Global Key Players of Horse Racing, Headquarters and Area Served

Table 25. Global Key Players of Horse Racing, Product and Application

Table 26. Global Key Players of Horse Racing, Date of Enter into This Industry

Table 27. Mergers & Acquisitions, Expansion Plans

Table 28. Global Horse Racing Market Size by Type (2020-2025) & (US$ Million)

Table 29. Global Horse Racing Revenue Market Share by Type (2020-2025)

Table 30. Global Horse Racing Forecasted Market Size by Type (2026-2031) & (US$ Million)

Table 31. Global Horse Racing Revenue Market Share by Type (2026-2031)

Table 32. Global Horse Racing Market Size by Application (2020-2025) & (US$ Million)

Table 33. Global Horse Racing Revenue Market Share by Application (2020-2025)

Table 34. Global Horse Racing Forecasted Market Size by Application (2026-2031) & (US$ Million)

Table 35. Global Horse Racing Revenue Market Share by Application (2026-2031)

Table 36. North America Horse Racing Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 37. North America Horse Racing Market Size by Country (2020-2025) & (US$ Million)

Table 38. North America Horse Racing Market Size by Country (2026-2031) & (US$ Million)

Table 39. Europe Horse Racing Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 40. Europe Horse Racing Market Size by Country (2020-2025) & (US$ Million)

Table 41. Europe Horse Racing Market Size by Country (2026-2031) & (US$ Million)

Table 42. Asia-Pacific Horse Racing Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031

Table 43. Asia-Pacific Horse Racing Market Size by Region (2020-2025) & (US$ Million)

Table 44. Asia-Pacific Horse Racing Market Size by Region (2026-2031) & (US$ Million)

Table 45. Latin America Horse Racing Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 46. Latin America Horse Racing Market Size by Country (2020-2025) & (US$ Million)

Table 47. Latin America Horse Racing Market Size by Country (2026-2031) & (US$ Million)

Table 48. Middle East & Africa Horse Racing Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 49. Middle East & Africa Horse Racing Market Size by Country (2020-2025) & (US$ Million)

Table 50. Middle East & Africa Horse Racing Market Size by Country (2026-2031) & (US$ Million)

Table 51. 1xBet Company Details

Table 52. 1xBet Business Overview

Table 53. 1xBet Horse Racing Product

Table 54. 1xBet Revenue in Horse Racing Business (2020-2025) & (US$ Million)

Table 55. 1xBet Recent Development

Table 56. Betfair (Flutter Entertainment) Company Details

Table 57. Betfair (Flutter Entertainment) Business Overview

Table 58. Betfair (Flutter Entertainment) Horse Racing Product

Table 59. Betfair (Flutter Entertainment) Revenue in Horse Racing Business (2020-2025) & (US$ Million)

Table 60. Betfair (Flutter Entertainment) Recent Development

Table 61. Parimatch Company Details

Table 62. Parimatch Business Overview

Table 63. Parimatch Horse Racing Product

Table 64. Parimatch Revenue in Horse Racing Business (2020-2025) & (US$ Million)

Table 65. Parimatch Recent Development

Table 66. Bet365 Company Details

Table 67. Bet365 Business Overview

Table 68. Bet365 Horse Racing Product

Table 69. Bet365 Revenue in Horse Racing Business (2020-2025) & (US$ Million)

Table 70. Bet365 Recent Development

Table 71. William Hill Company Details

Table 72. William Hill Business Overview

Table 73. William Hill Horse Racing Product

Table 74. William Hill Revenue in Horse Racing Business (2020-2025) & (US$ Million)

Table 75. William Hill Recent Development

Table 76. Kazanat Hippodrome Company Details

Table 77. Kazanat Hippodrome Business Overview

Table 78. Kazanat Hippodrome Horse Racing Product

Table 79. Kazanat Hippodrome Revenue in Horse Racing Business (2020-2025) & (US$ Million)

Table 80. Kazanat Hippodrome Recent Development

Table 81. Almaty Hippodrome Company Details

Table 82. Almaty Hippodrome Business Overview

Table 83. Almaty Hippodrome Horse Racing Product

Table 84. Almaty Hippodrome Revenue in Horse Racing Business (2020-2025) & (US$ Million)

Table 85. Almaty Hippodrome Recent Development

Table 86. Research Programs/Design for This Report

Table 87. Key Data Information from Secondary Sources

Table 88. Key Data Information from Primary Sources

Table 89. Authors List of This Report

List of Figures

Figure 1. Horse Racing Picture

Figure 2. Global Horse Racing Market Size Comparison by Type (2020-2031) & (US$ Million)

Figure 3. Global Horse Racing Market Share by Type: 2024 VS 2031

Figure 4. Win Bet Features

Figure 5. Each Way Features

Figure 6. Single Bet Features

Figure 7. Mutliple Bets Features

Figure 8. Straight Forecast Features

Figure 9. Reverse Forecast Features

Figure 10. Tricast Features

Figure 11. Global Horse Racing Market Size by Application (2020-2031) & (US$ Million)

Figure 12. Global Horse Racing Market Share by Application: 2024 VS 2031

Figure 13. Online Casino Case Studies

Figure 14. Offline Casino Case Studies

Figure 15. Others Case Studies

Figure 16. Horse Racing Report Years Considered

Figure 17. Global Horse Racing Market Size (US$ Million), Year-over-Year: 2020-2031

Figure 18. Global Horse Racing Market Size, (US$ Million), 2020 VS 2024 VS 2031

Figure 19. Global Horse Racing Market Share by Region: 2024 VS 2031

Figure 20. Global Horse Racing Market Share by Players in 2024

Figure 21. Global Top Horse Racing Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Horse Racing as of 2024)

Figure 22. The Top 10 and 5 Players Market Share by Horse Racing Revenue in 2024

Figure 23. North America Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 24. North America Horse Racing Market Share by Country (2020-2031)

Figure 25. United States Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 26. Canada Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 27. Europe Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 28. Europe Horse Racing Market Share by Country (2020-2031)

Figure 29. Germany Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 30. France Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 31. U.K. Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 32. Italy Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 33. Russia Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 34. Nordic Countries Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 35. Asia-Pacific Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 36. Asia-Pacific Horse Racing Market Share by Region (2020-2031)

Figure 37. China Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 38. Japan Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 39. South Korea Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 40. Southeast Asia Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 41. India Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 42. Australia Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 43. Latin America Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 44. Latin America Horse Racing Market Share by Country (2020-2031)

Figure 45. Mexico Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 46. Brazil Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 47. Middle East & Africa Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 48. Middle East & Africa Horse Racing Market Share by Country (2020-2031)

Figure 49. Turkey Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 50. Saudi Arabia Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 51. UAE Horse Racing Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 52. 1xBet Revenue Growth Rate in Horse Racing Business (2020-2025)

Figure 53. Betfair (Flutter Entertainment) Revenue Growth Rate in Horse Racing Business (2020-2025)

Figure 54. Parimatch Revenue Growth Rate in Horse Racing Business (2020-2025)

Figure 55. Bet365 Revenue Growth Rate in Horse Racing Business (2020-2025)

Figure 56. William Hill Revenue Growth Rate in Horse Racing Business (2020-2025)

Figure 57. Kazanat Hippodrome Revenue Growth Rate in Horse Racing Business (2020-2025)

Figure 58. Almaty Hippodrome Revenue Growth Rate in Horse Racing Business (2020-2025)

Figure 59. Bottom-up and Top-down Approaches for This Report

Figure 60. Data Triangulation

Figure 61. Key Executives Interviewed

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