NSW syndicator Elite Thoroughbreds has gone into liquidation, with documentation showing unsecured creditors, including Inglis and Magic Millions, are owed over $400,000 and owners potentially left out of pocket.
Al Ruwais Stables paid US$1 million for Zee Drop, a mare in foal to Flightline, on day two of the Keeneland November Breeding Stock Sale. Session turnover fell 16.5 per cent on 2025, but cumulative gross remains almost 13 per cent ahead.
John Kanga’s long-rumoured tilt at a position on the Victoria Racing Club board has materialised as the high-profile former Melbourne Racing Club chairman and club merger proponent puts his name forward for this month’s election.
Sportsbet's parent company Flutter remains confident in its position in the Fast Code class action but has provisioned A$157.5 million towards a potential resolution and confirmed Australian revenue fell 4 per cent in the September quarter.
Tuesday's Melbourne Cup averaged 2.216 million viewers on Nine and 9Now, up 6.6 per cent on 2025., while streaming grew by almost a quarter, adding value to the VRC, Tabcorp and Nine rights deal that runs to 2029.
Incoming Racing NSW chief executive Graeme Hinton has warned gambling reforms will weigh on wagering activity, even as the industry claims it helped shape a final package that better protects racing revenues.
Racing NSW recorded a $13.63 million operating surplus for 2025/26, but as Peter V'landys bids farewell, flat wagering figures point to ongoing regulatory and market challenges in the wagering industry that fuel racing's commercial strength.
The US$5.2 million (A$7.45 million) purchase of Quietside by Erdenheim Farm highlighted a bullish opening day of the Keeneland November Breeding Stock Sale, while Harris Li’s Ace Stud was busy buying a trio of well-credentialed mares.
Point Of Law's Melbourne Cup win gives Frankel his first winner of the race from 11 starts by his progeny, an honour his sire Galileo never achieved from 39 starts, and makes him Frankel's fifth individual Australian Group 1 winner.
Except for a British law prohibiting monarchs sharing ownership of horses, King Charles would have been a Melbourne Cup-winning owner on Tuesday, but Ciaron Maher’s bloodstock manager Will Bourne revealed there is some reward headed back to England.
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