Australian Racing Fact Book 2015–2016 edition published

Racing Australia recently published the latest edition of the Australian Racing Fact Book. A Guide to the Racing Industry in Australia 2015–2016 outlines the key results and statistics from the Australian thoroughbred sector. The Fact Book includes wagering turnover on thoroughbred racing, greyhound racing, harness racing and sports betting.

Key findings include:

• total thoroughbred wagering turnover in Australia was $15.718 billion, with nearly one-third of this amount bet with Northern Territory bookmakers
  
• total thoroughbred wagering turnover in Victoria was $2.799 billion, with most of this bet at TABs
  
• total greyhound racing turnover in Victoria at TABs was $862.87 million
  
• total harness racing turnover in Victoria at TABs was $505.28 million
  
• total sports betting turnover in Victoria was $755.74 million, with most of this bet at TABs
  
• total sports betting turnover in Australia was $8.243 billion, with nearly two-thirds of this amount bet with Northern Territory bookmakers
  
• total sports betting turnover in Australia has more than doubled in the past three years, increasing from $3.991 billion in 2012–2013 to $8.243 billion in 2015–2016. Total racing wagering turnover has decreased over the same period from $20.812 billion to $20.641 billion
  
• sports betting now accounts for 29 per cent of wagering turnover in Australia, compared to 54 per cent for thoroughbred racing, 11 per cent for greyhound racing and six per cent for harness racing.

A Guide to the Racing Industry in Australia 2015–2016