The bubble has been bursting in the world of baby horses.
The industry is seeing record numbers of bets on baby horses and they are enjoying record profits.
The world’s largest baby horse breeder is looking at an average of $2.5 million per horse sold, according to The Irish News.
“It’s a boom time in the baby horse market and it’s a big one,” said Paul Byrne of Irish Water and Breeders.
Byrne is the founder and chief executive of Baby Horse.
He told The Irish Sun that the market is on the cusp of a record.
“The baby horse industry has seen an incredible rise in the past 10 years, and in that time we’ve seen record numbers in the market,” he said.
For many baby horses, the prospect of a big payday has been too tempting for many parents to resist.
“They love horses and don’t want to spend the time and money to go out and spend their money,” Byrne said.
“For the parents, it’s great because they’re doing their part to support their horses.”
The industry has always been in a boom.
Baby horses have become a popular sport in Ireland, with the number of people in the country now topping 200,000.
But that boom is now coming to an end.
In recent years, the number has declined by more than a third.
Baby horses are no longer the main attraction of the country’s entertainment and leisure attractions.