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According to a study done for the American Horse Council Foundation (http://www.
In the campaign for passage of gaming at the tracks, both horsemen and race tracks relied on the results of a 2005 study by the American Horse Council (American Horse Council, 2005) which was based on 2003 data.
The total impact figure was compared to the US equivalent, calculated by the American Horse Council in 2005, of $100bn a year.
Bell was on the racing committee of the American Horse Council when federal legislation for simulcasting was passed.
The American Horse Council points out in their "2005 Economic Study" there are nine million horse owners that spend over $39 billion in direct spending and have an over $100 billion economic impact on the economy.
The equine industry is approximately a $39 Billion industry according to a study published in 2005 by Deloitte Consulting LLP for the American Horse Council Foundation.
With 7 million horses in the United States alone The American Horse Council estimates there are over 170,000 unwanted and uncared for horses.
The Humane Society advcoates the introduction of regulations to block the shipment abroad of injured horses for slaughter-but the movement to ban the trade has what some might consider an odd opponent in the Washington DC-based American Horse Council.