SDM’s awards program, Champions of Economic Impact in Sports Tourism, always inspires us and 2024 was no exception. This year’s winners alone brought a grand total of $1,885,077,600 to their local economies. That figure is, in fact, double the economic impact of last year’s awards program. From mainstream sports to niche competitions, from events that draw in competitors not only from around the country but around the globe, to small fundraising events put on by grassroots groups – we see you. And in this issue of our magazine, we honor you.
The equine industry continues to thrive through increased horse ownership and an expanding equestrian sports market. Calling it “one of the biggest industries that is hiding in plain sight,” the Equine Business Association reports that the equine industry’s global annual economic impact involves about $300 billion, and some estimates are even higher. more....