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Horse Race Industry News

  • No penalties issued over Mildura race

    Stewards officiating at a Mildura meeting where a race was run over the wrong distance have been put on notice but no penalties have been issued after an inquiry into the error. The long-serving starter and the tractor driver who transported the barriers to the wrong position, offered their resignations […]

  • Grand National gets a sponsor

    Aintree’s search for a new sponsor for the Grand National is over with the news that Crabbies has signed a three-year deal which means the famous steeplechase will offer STG1 million ($A1.74 million) prize money for the first time. Since John Smith’s announced they would not be renewing their nine-year […]

  • Tom Waterhouse sells up for $34m

    Bookmaker Tom Waterhouse has sold his online betting business to British gaming company William Hill. Waterhouse will receive $34 million for the business, plus an earn-out agreement that could see him receive up to $70 million. He will also remain managing director of the business. William Hill earlier this year […]

  • Racing officials act on inside information

    New rules governing conflict of interest and inside information in the racing industry will be introduced in the wake of the More Joyous inquiry. In reviewing the inquiry, Racing NSW says it has taken action to ensure there are appropriate rules dealing with the issues. Among the new rules is […]

  • Eddie Hayson issued with show cause notice

    Big punter Eddie Hayson could find himself unable to have a bet after being asked to show cause why he should not be warned off racetracks. Racing NSW is set to meet next month over Hayson’s refusal to provide the names of people who gave him information about the top […]

  • New CEO appointed to Racing Queensland

    Darren Condon will start work next week as the new chief executive officer of Racing Queensland. Condon, who worked as the chief operating officer for the Brisbane Racing Club, will take up the role next Thursday – the first day of the new Australian racing season. “Mr Condon is a […]

  • Directors fined in racehorse shares probe

    Australian Bloodstock directors Luke Murrell and Jamie Lovett have been fined for giving false statements to racing authorities over the ownership of the racehorse Hathras. TVN employees Bruce Clark and Dean Pettit have been suspended for three months over their shareholdings in the imported stayer. Murrell and Lovett were fined […]

  • Sun International buys Eliza Park

    The Sun International Group has announced it is the buyer of the Australian stud operation of Eliza Park. To be known as Eliza Park International Pty Ltd, the stud will retain the 12 stallions at the farm including Black Caviar’s sire Bel Esprit, while the divisions on each of the […]

  • Patinack Farm withdraw horses from sale

    Nathan Tinkler appears set to retain an interest in racing, albeit on a much smaller scale. The remainder of the embattled businessman’s racing stock was set to go to auction at the National Racehorse Sale at the Gold Coast on Friday as part of Patinack Farm’s reduction sale. But Magic […]

  • Tinkler, Blackwood agree on debt plan

    Embattled coal entrepreneur Nathan Tinkler has signed an agreement to clear his debt to junior miner Blackwood Corporation but investors seem to have taken a wait-and-see approach on the deal. Blackwood shares sat unchanged at five cents after the company announced it had signed a deed of settlement and release […]