NAICS Code 513199-12 - Racing Information (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS Code 513199-12 Description (8-Digit)

Racing Information (Manufacturing) is a subdivision of the All Other Publishers industry that involves the production and distribution of printed or electronic materials related to horse racing. This industry includes the manufacturing of racing forms, programs, and other publications that provide information on horse racing events, as well as the production of software and databases that track and analyze racing data. Companies in this industry may also provide consulting services to horse racing organizations and bettors.

Hierarchy Navigation for NAICS Code 513199-12

Parent Code (less specific)

Tools

Tools commonly used in the Racing Information (Manufacturing) industry for day-to-day tasks and operations.

  • Handicapping software
  • Data analysis software
  • Printing presses
  • Graphic design software
  • Database management software
  • Digital cameras
  • Scanners
  • Desktop publishing software
  • Web development software
  • Content management systems

Industry Examples of Racing Information (Manufacturing)

Common products and services typical of NAICS Code 513199-12, illustrating the main business activities and contributions to the market.

  • Racing forms
  • Betting guides
  • Handicapping guides
  • Race programs
  • Racing statistics databases
  • Horse racing news websites
  • Racing analysis software
  • Racing data visualization tools
  • Racing betting software
  • Racing consulting services

Certifications, Compliance and Licenses for NAICS Code 513199-12 - Racing Information (Manufacturing)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for workers who handle hazardous materials and chemicals. It ensures that workers are trained to handle hazardous materials safely. The certification is provided by the Occupational Safety and Health Administration (OSHA).
  • National Association Of Trailer Manufacturers (NATM) Certification: This certification is required for manufacturers of trailers. It ensures that trailers are built to meet safety standards. The certification is provided by the National Association of Trailer Manufacturers (NATM).
  • National Marine Manufacturers Association (NMMA) Certification: This certification is required for manufacturers of boats. It ensures that boats are built to meet safety standards. The certification is provided by the National Marine Manufacturers Association (NMMA).
  • National Fire Protection Association (NFPA) Certification: This certification is required for manufacturers of fire protection equipment. It ensures that fire protection equipment is built to meet safety standards. The certification is provided by the National Fire Protection Association (NFPA).
  • International Organization for Standardization (ISO) Certification: This certification is a quality management system that ensures that products and services meet customer and regulatory requirements. The certification is provided by the International Organization for Standardization (ISO).

History

A concise historical narrative of NAICS Code 513199-12 covering global milestones and recent developments within the United States.

  • The Racing Information (Manufacturing) industry has a long history dating back to the early 20th century when the first horse racing information was published in newspapers. In the 1930s, the Daily Racing Form was established, which became the leading source of horse racing information in the United States. In the 1970s, the industry saw a significant shift towards electronic publishing, with the introduction of computerized handicapping systems and the first online horse racing information services. In recent years, the industry has continued to evolve with the introduction of mobile applications and social media platforms that provide real-time racing information to fans worldwide. In the United States, the Racing Information (Manufacturing) industry has experienced significant growth in recent years, driven by the increasing popularity of horse racing and the growing demand for real-time racing information. The industry has seen a shift towards digital publishing, with many traditional print publications moving online to reach a wider audience. In addition, the industry has seen the introduction of new technologies such as virtual reality and augmented reality, which are being used to enhance the fan experience and provide more immersive racing information. Overall, the Racing Information (Manufacturing) industry has a rich history and continues to evolve to meet the changing needs of horse racing fans worldwide.

Future Outlook for Racing Information (Manufacturing)

The anticipated future trajectory of the NAICS 513199-12 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Racing Information (Manufacturing) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing popularity of horse racing and the demand for information related to it. The industry is also expected to benefit from the growing use of technology in the sport, which will increase the demand for data and analytics. Additionally, the industry is likely to benefit from the increasing popularity of online betting, which will drive demand for information related to horse racing. However, the industry may face challenges from the increasing competition from online sources of information and the declining popularity of horse racing in some parts of the country.

Industry Innovations for NAICS Code 513199-12

Recent groundbreaking advancements and milestones in the Racing Information (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • Equibase Company LLC launched a new mobile app in 2020 that provides real-time information on horse racing events, including live streaming of races, results, and handicapping tools.
  • The Jockey Club Technology Services launched a new data analytics platform in 2019 that provides insights into horse racing data, including race results, pedigrees, and breeding information.
  • The Daily Racing Form launched a new digital platform in 2018 that provides users with access to a wide range of horse racing information, including news, handicapping tools, and live streaming of races.
  • The Blood-Horse launched a new online marketplace in 2017 that allows users to buy and sell horses, as well as access a wide range of information related to horse racing.
  • The Racing Post launched a new mobile app in 2016 that provides users with access to a wide range of horse racing information, including news, results, and betting tips.

NAICS Code 513199-12 - Racing Information (Manufacturing)

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