American spend on Australian racing could hit $6.6 billion a year by 2025, with Australian race-wagering per viewer of A$672, which is two times higher than on the NFL, J.P. Morgan said in an analysis of the the value of media rights.
If China ever does allow legalized betting on horse racing, the Hong Kong Jockey Club (HKJC) is likely to play a vital role. First, however, it will need to help the industry navigate major hurdles.
Last week saw the end of the 2020 Melbourne Cup Carnival, held from 31 October to November 7. Known as "the race that stops the nation", the carnival is one of the biggest horse racing events in Australia and is well-known in the horse racing world.
Tabcorp Holdings, the Australian racing and wagering firm, has reported 21Q1 group revenues down 5.7 percent as part of its report to its Annual...
Led by the horse racing industry, other sports bodies globally have been establishing integrity units. As the role and prominence of integrity units in sport increases they become more expensive to maintain and the question thus arises: are they worth it?
Tote Superpools saw significant growth in the first three days of the Royal Ascot races in the U.K., taking in bets worth GBP80 million ($99 million), up 60 percent on the prior year.
Major hotel chain Millennium and Copthorne Hotels is shedding 70 percent of its 1,300 staff as it expects two years before tourist numbers recover...
At least two hundred staff in New Zealand’s off-track betting agency the TAB will lose their jobs due to a sharp downturn in racing...
The Singapore Turf Club said it’s temporarily converting selected areas of the Singapore Racecourse at Kranji into facilities for recovering foreign workers.
New Zealand’s Totalisator Agency Board, which has a monopoly on off track betting on horses and dogs is in deep financial trouble and is on the verge of collapse – and covid 19 is mostly to blame.