Abstract

Horse racing faces many challenges in modern-day society and the once famous “sport of kings” is in danger of becoming a thing of the past. In the United States alone, the horse industry contributes more than $122 billion to the economy annually (Bull, 2023). Horse racing contributes over $30 billion and is one of the largest entertainment and sporting industries (Bull, 2023). However, the sport is facing major challenges with concerns for the safety of its equine and human participants. Horse racing's future depends on the safety of horses and jockeys, the implementation of new technology to improve the industry, and an evaluation of the impact of both new and existing regulations on the sport.

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