Racing Industry

Chairman Peter McGauran says the reality of a decline in wagering revenue continues to impact the Australian Turf Club’s bottom line.

Mathew de Kock is heading back to his native South Africa, where the country’s thoroughbred industry is in much better shape than when he left four years ago.

Racing Victoria remains confident it can ride out the challenges of its new funding landscape and an uncertain wagering environment despite its annual report detailing its first deficit in more than a decade.

Racing NSW could be set to come under greater scrutiny from parliament, ICAC and the auditor general, while board minutes from 2023 raise queries over the regulator's intentions over the possible sale of Rosehill.

Racing SA is likely to follow the lead of Racing Victoria in renegotiating its fees with bookmakers despite achieving record revenue figures in the 2023/24 financial year.

While it was James McDonald, who (rightly) dominated the Flemington carnival headlines with a record 11 winners, it was also a successful week for a host of other jockeys, trainers, sires, breeders and owners. Run The Numbers runs the rule over the Cup week stats.

The Victoria Racing Club’s decision to align its broadcast rights with the Nine network appears to have paid dividends with a 30 per cent increase in television audience figures.