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Australian Racing Fact Book 2020–2021 edition published

Racing Australia recently published the latest edition of the Australian Racing Fact Book. A Guide to the Racing Industry in Australia 2020–2021 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:

Australia

  • Wagering turnover in Australia was $59.905 billion (an increase of $18.211 billion or 44 per cent from 2019-2020). More than 65 per cent of this amount was derived from bets with Northern Territory bookmakers.
  • Thoroughbred wagering turnover in Australia was $29.055 billion (an increase of $7.968 billion or 38 per cent from 2019–2020). More than 50 per cent of this amount was derived from bets with Northern Territory bookmakers.
  • Sports betting turnover in Australia was $16.603 billion (an increase of $6.443 billion or 63 per cent from 2019–2020). More than 80 per cent of this amount was derived from bets with Northern Territory bookmakers.

Victoria

  • Wagering turnover in Victoria via the TAB was $5.023 billion (an increase of $410 million or 9 per cent from 2019-2020).
  • Thoroughbred wagering turnover in Victoria via the TAB was $3.089 billion (an increase of $390 million or 14 per cent from 2019–2020).
  • Greyhound racing turnover in Victoria via the TAB was $803.19 million (a decrease of $5 million or 1 per cent from 2019–2020).
  • Harness racing turnover in Victoria via the TAB was $377.67 million (a decrease of $9 million or 2 per cent from 2019–2020).
  • Sports betting turnover in Victoria via the TAB was $752.92 million (an increase of $151 million or 25 per cent from 2019–2020).

Turnover is the expression used to describe the amount wagered. It is all the money bet before any winnings are paid out or losses incurred.

To see how Victoria compares with the rest of Australia on gambling expenditure, you can also read Gambling in Victoria on the Foundation's website.

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