Despite worries that it’s a dying industry, horse racing still generates billions in revenue annually. The income generated is linked to the long-standing appeal of the sport that transcends the test of time, including the thrill of gambling (whether through betting on races or playing horse-themed slots through sites like BonusFinder Ireland), the joy and prestige of spending a day at the track, and, for many, the sport’s nostalgia. For some countries, such as the eight listed below, the appeal is particularly strong, with spectators getting wrapped up in the races and excitement of horse racing.

1. Australia