Guest Lecture: Mark Davis – Horse racing industy

Mark Davis’ guest lecture to our class about the horse racing industry in Delaware was very interesting and informative. He gave us a lot of information about the economics and history of horse racing. I was previously unaware that the first equine racetrack in Delaware was built in Newark in the 1760’s. Horse racing was also the second most popular sport behind baseball until about 1989! We learned about the big difference between thoroughbreds and and harness horses in the racing industry. Harness horses can race much more frequently than thoroughbreds, because their bodies are able to handle it. From an economic stand point, horse racing brings in over $180 million yearly. dollars and creates over 1,500 jobs. Horse racing in Delaware is now highly dependent on casinos, which have been introduced at racetracks and bring in many patrons. Overall, this guest lecture was extremely interesting and informative. I am a fan of horse racing and was glad to learn more about it.

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