Kentucky Governor Steve Beshear announced Monday the Alltech FEI World Equestrian Games held last year had an economic impact of $201.5 million, according to a study commissioned by the Tourism, Arts and Heritage Cabinet.
“The World Equestrian Games were indeed a success and this report illustrates the positive result that our local and state governments, our sponsors, the many volunteers, the business community and the citizens of the Commonwealth working together can have,” Beshear said in a news release. “It also underscores the important role of the Kentucky Horse Park and the legacy the games will have for future years.”
The games were held at the Kentucky Horse Park and were composed of different events such as dressage, driving, endurance, jumping, reining and vaulting. It was the first time the international event had been held outside of Europe.
The report by the tourism cabinet shows the games brought in direct spending that accounted for $128 million alone and indirect spending, such as money spent with food vendors, lodging suppliers and construction was $73.3 million.
However, analysis last August showed the games cost the state $258 million overall.