How big and/or popular is horse racing in America/USA ?

Horse Racing is still popular and big money. Horse Racing Industry including tracks is expected to recover from the negative effects the COVID-19 pandemic has had on industry demand.

With casino gaming corporations exerting increasing influence over the sport of horse racing as a whole, their lobbyists have been busy in the state legislatures weakening the racing industry. Other factors too such as Covid-19 has not helped either, along with other contributing factors. However, racing is still quite popular. Thoroughbred horse racing is without a doubt a very lucrative sport that's not only popular in America, but all over the world. The Triple Crown is the jewel of horse racing in America. Which includes the Kentucky Derby, the Preakness, and the Belmont Stakes. American horse races such as the Breeders’ Cup Classic are of huge importance on the world scale. Runners from around the world, particularly Europe, come to compete in the major Breeders’ Cup events every November to compliment the best of what American horse racing has to offer. Though there has been obvious decline, horse racing is still a kicking multi-billion dollar industry. Also, the horse industry in the United States contributes close to 40 billion plus in direct economic impact to the U.S. economy and supports millions of jobs on a full-time basis. The jobs and related jobs are endless.

Not very popular .