Tools commonly used in the Horse Racing industry for day-to-day tasks and operations.

• Starting gate
• Bridles and reins
• Jockey silks
• Racing saddle
• Hoof boots
• Blinkers
• Whip
• Grooming kit
• Horse trailer
• Racing program

Common products and services typical of NAICS Code 711212-02, illustrating the main business activities and contributions to the market.

• Triple Crown races
• Kentucky Derby
• Royal Ascot
• Breeders' Cup
• Dubai World Cup
• Melbourne Cup
• Preakness Stakes
• Belmont Stakes
• Prix de l'Arc de Triomphe
• Hong Kong Cup

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

• Horse Racing License: A license is required to participate in horse racing in the US. The license is issued by the state racing commission where the racing will take place. The license ensures that the participant is qualified and meets the standards set by the commission.
• Trainer License: A trainer license is required for individuals who train horses for racing. The license is issued by the state racing commission where the racing will take place. The license ensures that the trainer is qualified and meets the standards set by the commission.
• Jockey License: A jockey license is required for individuals who ride horses in races. The license is issued by the state racing commission where the racing will take place. The license ensures that the jockey is qualified and meets the standards set by the commission.
• Stable License: A stable license is required for individuals who own or operate a stable where horses are trained or boarded. The license is issued by the state racing commission where the stable is located. The license ensures that the stable meets the standards set by the commission.
• Drug Testing: Horse racing is a heavily regulated industry, and drug testing is a critical component of ensuring the integrity of the sport. The testing is conducted by state racing commissions, and the results are used to enforce rules and regulations related to the use of drugs in horse racing.
• Equine Health Certificate: An equine health certificate is required for horses that are transported across state lines. The certificate ensures that the horse is healthy and free from contagious diseases. The certificate is issued by a licensed veterinarian and is valid for a limited time.
• Racing Officials Accreditation: Racing officials accreditation is a program that provides training and certification for individuals who work as stewards, judges, and other officials in horse racing. The program is offered by the University of Louisville and is recognized by state racing commissions.
• Occupational Safety and Health Administration (OSHA) Training: OSHA training is required for individuals who work in the horse racing industry. The training covers topics such as workplace safety, hazard communication, and personal protective equipment. The training is offered by OSHA-approved trainers.
• National Thoroughbred Racing Association (NTRA) Safety and Integrity Alliance: The NTRA Safety and Integrity Alliance is a program that promotes safety and integrity in horse racing. The program sets standards for racetracks and racing organizations related to safety, medication, and testing. The program is voluntary, but many racing organizations participate to demonstrate their commitment to safety and integrity.
• Racing Medication and Testing Consortium (RMTC): The RMTC is a non-profit organization that develops and promotes uniform medication and testing standards in horse racing. The organization works with state racing commissions and other industry stakeholders to develop and implement these standards.
• American Association Of Equine Practitioners (AAEP) Certification: The AAEP offers certification programs for equine veterinarians. The programs cover topics such as equine dentistry, lameness, and reproduction. Certification demonstrates that the veterinarian has advanced knowledge and skills in these areas.
• Racing Surfaces Testing Laboratory (RSTL) Accreditation: The RSTL is a laboratory that tests racing surfaces for safety and consistency. The laboratory is accredited by the International Organization for Standardization (ISO) and is recognized by state racing commissions.
• Racing Officials Accreditation Program (ROAP): The ROAP is a program that provides training and certification for individuals who work as stewards, judges, and other officials in horse racing. The program is offered by the University of Arizona and is recognized by state racing commissions.
• Racing Commissioners International (RCI) Certification: The RCI offers certification programs for individuals who work in the horse racing industry. The programs cover topics such as medication, testing, and licensing. Certification demonstrates that the individual has advanced knowledge and skills in these areas.
• Association Of Racing Commissioners International (ARCI) Model Rules: The ARCI develops model rules and regulations for horse racing. The rules cover topics such as medication, testing, and licensing. The rules are used by state racing commissions as a basis for their own rules and regulations.
• National Horsemen's Benevolent and Protective Association (NHBPA) Accreditation: The NHBPA is an organization that represents horsemen's groups in the US. The organization offers accreditation programs for racetracks and racing organizations. Accreditation demonstrates that the organization has met certain standards related to safety, medication, and testing.
• Thoroughbred Aftercare Alliance (TAA) Accreditation: The TAA is an organization that accredits aftercare facilities for retired racehorses. Accreditation demonstrates that the facility has met certain standards related to horse care and welfare.
• United States Anti-Doping Agency (USADA) Testing: The USADA is an organization that conducts drug testing for Olympic and Paralympic athletes. The organization also conducts drug testing for horse racing. The testing is conducted by trained professionals and is used to enforce rules and regulations related to the use of drugs in horse racing.

A concise historical narrative of NAICS Code 711212-02 covering global milestones and recent developments within the United States.

• Horse racing has been a popular sport worldwide for centuries. The first recorded horse race took place in ancient Greece in 648 BC, and the sport quickly spread to other parts of the world. In the United Kingdom, horse racing became a popular pastime in the 16th century, and the first organized races were held in the 18th century. In the United States, horse racing dates back to the colonial era, with the first recorded race taking place in 1665 in New York. The sport continued to grow in popularity throughout the 19th and 20th centuries, with notable advancements such as the introduction of the photo finish in the early 20th century and the development of artificial tracks in the 1960s. In recent history, the horse racing industry in the United States has faced several challenges. The sport has come under scrutiny for the treatment of horses, with concerns about the use of drugs and the high rate of injuries and fatalities. In response, the industry has implemented new safety measures, such as the use of synthetic tracks and stricter drug testing. The popularity of horse racing has also declined in recent years, with attendance and wagering on the decline. However, the industry has adapted by embracing technology, such as online betting and live streaming of races, to reach a wider audience. Despite these challenges, horse racing remains a beloved sport in the United States and around the world.

The anticipated future trajectory of the NAICS 711212-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Shrinking

  The horse racing industry in the USA is expected to face challenges in the coming years due to the decline in popularity of the sport and the increasing concerns over animal welfare. However, the industry is also expected to adapt to these challenges by introducing new technologies and innovations to improve the safety of the horses and the overall racing experience. Additionally, the legalization of sports betting in several states is expected to provide a boost to the industry by increasing revenue and attracting new fans. Overall, the future outlook for the horse racing industry in the USA is uncertain, but there are opportunities for growth and innovation.

Recent groundbreaking advancements and milestones in the Horse Racing industry, reflecting notable innovations that have reshaped its landscape.

• Virtual Horse Racing: A new form of horse racing that uses computer-generated simulations to create a realistic racing experience. This innovation has become increasingly popular during the COVID-19 pandemic as a way to continue horse racing events without spectators.
• Equine Therapy: Horse racing facilities are increasingly using their resources to provide equine therapy for individuals with physical and mental health conditions. This innovation has helped to diversify the industry and provide new revenue streams.
• Improved Safety Measures: The horse racing industry has introduced new safety measures to protect the horses and jockeys during races, including improved track surfaces, better veterinary care, and stricter drug testing policies.
• Online Betting Platforms: The rise of online betting platforms has made it easier for fans to place bets on horse races and has increased revenue for the industry.
• International Partnerships: The horse racing industry in the USA has formed partnerships with international racing organizations to expand the sport's reach and attract new fans. These partnerships have also provided opportunities for American horses to compete in international races.