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Review of Economic Trends in Breeding & Racing: A New World After Market Capitalism

This review analyzes the current economic trends in breeding and racing, including the decline in foals, top breeding countries, market capitalization, betting turnover, and the impact of the Euro crisis. It also emphasizes the need for quality control, sustainability, and the importance of doing the right thing in the industry.

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Review of Economic Trends in Breeding & Racing: A New World After Market Capitalism

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  1. Aki AKITANI Deputy Secretary General Review of Current Economic Trends in Breeding & Racing & A new world after Market Capitalism

  2. Contents • Analysis of Racing Date 2011 & First Half 2012 • Post Market Capitalism

  3. 103,000 Foals Decline by 5.1% 13%+ Decline in 3 years

  4. Top 10 Thoroughbred Breeding Countries 2010 2011 • United States *27,800 → *24,900 -10.4% • Australia 17,191 → 15,893 - 7.6% • Argentine 8,437 → 8,761 + 3.8% • Ireland 7,588 → 7,550 - 0.5% • Japan 7,105 → 7,064 - 0.6% • France 5,470 → 4,984 - 8.9% • Great Britain 4,665 → 4,635 - 0.6% • New Zealand 4,334 → 4,161 - 0.4% • South Africa 3,245 → 3,510 + 8.2% • Brazil 2,844 → 2,826 - 6.3% *United States figures: estimated

  5. 153,700 Flat 8,600 Jump Decrease by less than 1%

  6. 2.96 Billion Euro + 2.6% +0.4%

  7. €89.8 billion Increase by 1.9% (Nominal) Decreased by 1.2% (Actual)

  8. Euro Crisis affected European Countries Double-Digits Decline in Betting Turnover Cyprus -17.9% Czech -13.2% Greece -36.2% Ireland -12.0% Italy -20.8% Slovakia -16.3% Japan 5.7% decline (Catastrophe +economic slump)

  9. World WageringFirst Half of 2012 France (PMU) + 1.7% Hong Kong (Yearly) + 7.1% Italy - 32.1% Japan (JRA) + 8.1% Korea - 3.0% New Zealand + 3.9% Sweden - 4.7% Turkey + 9.5% United States + 2.0%

  10. Bottomed Out but be vigilant

  11. Self Propagate (Self-Reproduction) by exploiting resources 'FRONTIERS' Geographical Environmental Market Capitalism

  12. Geographical FRONTIER

  13. Self Propagate (Self-Reproduction) by exploiting resources 'FRONTIERS' Geographical Environmental Financial Market Capitalism

  14. Homeless Money (40-50 Trillion US $)

  15. Occupy Wall Street

  16. 27 EU Countries: 10.3% Under 25 Year Old: 22.4% Spain: 51.5% Greece: 52.7% (Source: ILO) Unemployment Rate (April/2012)

  17. Generation Y Generation X 77,829,000 70,826,000 by 2015 63,052,000 by 2030

  18. Quality vs Quantity Race Quality Controle Medication Number of races Turnover vs Profit Expansion vs Maintain

  19. Do the Right Thing

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