As a matter of fact, Japan's horse racing industry is the largest in the world. And even now, what is the secret of its continued growth?
Master: Is May there? Mei: Yes, Master, May is here. How can we help you today? Master: The Arima Kinen is coming up, and it will mark the end of this year’s horse racing season. There’s a lot of anticipation for Yutaka Take and Do Deuce to achieve back-to-back victories. By the way, where does Japan’s horse racing industry stand in terms of global level and scale? Mei : Yes, Master. Japan’s horse racing industry ranks among the world’s top in terms of both scale and quality. Let me organize and explain this for you. 1. Scale Japan’s horse racing market is one of the largest globally. Revenue : In 2022, the Japan Racing Association (JRA) reported sales of approximately ¥3.4 trillion, a figure that stands out worldwide. Racecourses : There are 10 JRA racecourses in Japan, and including regional horse racing, even more venues exist. Regional racing also enjoys strong support, backed by a loyal fan base. National popularity : In Japan, horse racing is not merely gambling but...