To the even the most casual observer, the Saratoga Race Course is a vital contributor to Saratoga Springs, bringing hundreds of thousands of visitors to the area and creating thousands of jobs. A recent report, though, has brought to light just how important the Race Course is and how it could contribute to the region’s growth in the future.
Earlier this month, Camoin Associates, with cooporation from NYRA and sponsorship by the Saratoga County Industrial Development Agency (IDA), released its new report as the companion of a 2006 study, updated in 2011. This document indicates that not only does the Race Course bring in a substantial amount of money to the area, but in fact “generates $237 million in economic activity and nearly 2,600 jobs across the greater capital region.” About $142 million of the financial gain comes from tourists and visitors to the area.
