The Victorian Government has confirmed a $5 million investment into the redevelopment of Moonee Valley racecourse, targeting upgrades to the racetrack, lighting, and tie-up stalls as part of a broader infrastructure transformation. Funded under the Victorian Racing Industry Fund, the contribution will be joined by a $16 million outlay from… Read More »
A landmark $1 billion project set to revolutionise the Gold Coast Turf Club (GCTC) has moved a step closer to becoming a reality, with plans nearing the shovel-ready stage. The ambitious development will see two hectares at the northern end of the GCTC site transformed into a mixed-use hub featuring… Read More »
News from the International Federation of Racing Authorities is that its Council on Anti-Illegal Betting & Related Financial Crime now includes additional support for racing. âWe are excited to welcome our new members,â said Martin Purbrick, Chair of the IFHA Council âwith Professor Stefano Caneppele being a leading teacher of… Read More »
The excitement building as the 2025 National Pony Racing Series Finals to take centre stage at the Gold Coast Turf Club on this Saturday 7 June. Showcasing the nation’s most promising young riders and their ponies, the National Pony Racing Series is a collaboration between Thoroughbred Industry Careers and Pony… Read More »
The future of Rosehill racecourse hangs in the balance as members of the Australian Turf Club prepare to vote on a proposed sale at an extraordinary general meeting on Tuesday. The meeting, which will be held exclusively for ATC members, is scheduled for 2pm at Randwick Racecourse in the Ballroom… Read More »
The early betting landscape of Australian racing has undergone a notable shift following Tabcorpâs decision to delay the release of odds for specific meetingsâa move that one rival bookmaker claims highlights a broader issue within the wagering industry. The change, which sees Tabcorp holding back on when it launches fixed… Read More »
Online bookmaker Betr has secured approximately $15.6 million from retail shareholders as part of its ongoing equity raising efforts to fund the planned acquisition of rival betting operator Pointsbet. This latest funding round brings Betrâs total capital raised to $130 million, following earlier contributions from institutional investors through two separate… Read More »
The Victorian government has revised its projections for racing and sports betting tax revenue, with a shortfall of $29 million revealed in the 2025/26 state budget. The expected revenue from the Point Of Consumption Tax (POCT) for 2024/25 has been downgraded to $406 million, down from the $435 million that… Read More »
The corporate bookmaking industry has been left stunned by the Northern Territory Governmentâs decision to double the tax cap on wagering companies, a move that is expected to have significant repercussions across the sector. Unveiled during Tuesdayâs NT budget by treasurer Bill Yan, the change will push projected revenue from… Read More »
âNational Thoroughbred Week gives us all the chance to connect with the public outside the traditional racing audience,â stated Basil Nolan of Thoroughbred Breedersâ Australia. âIt supports the work, Aushorse, and Thoroughbred Breedersâ Australia are promoting the industry and to ensure people understand the scale, professionalism and care that underpin… Read More »
Racing Victoria has joined forces with Country Racing Victoria and Southside Racing to present a $140,000 donation to this yearâs Good Friday Appeal, reinforcing the industryâs support for the Royal Childrenâs Hospital. The contribution, confirmed on Friday, brings the combined total raised by RV and CRV for the Appeal over… Read More »
Racing Victoria (RV) has announced adjustments to the weight scales for the Caulfield and Melbourne Cups, aiming to achieve a broader distribution of weights among competitors. Effective from the 2025 editions, the minimum topweight at final acceptance will be set at 57 kilograms, reinstating a policy last applied in 2016…. Read More »
Yulong Investments has appointed Jun Zhang as its new General Manager, replacing Vin Cox, who resigned last week. Zhang expressed his excitement about leading Yulong and emphasized the importance of moving forward, maintaining existing management roles, and continuing the company’s success. “Having seen the positive impact Vin had in his… Read More »
Southside Racing has announced free entry to all meetings at Cranbourne and Pakenham (except Good Friday night) from April 1 to October 1. This initiative is part of their effort to make racing more accessible, alongside the ongoing “Together at the Table” program, which offers reduced food and drink prices…. Read More »
âThe Racing Mass is one of the great traditions of Sydney racing,â said Rev. Colin Watts with the Sydney Annual Racing Fraternity Mass at 11am on Sunday 16th March. To be celebrated in the Winx Stand at Royal Randwick Racecourse, free parking is in the multi-storey carpark via Ascot Street, off Doncaster Avenue with… Read More »
âSport Integrity Australiaâs mission is to keep Australian sport safe and fair,â said Jason Whybrow, Director, Sports Wagering and Competition Manipulation, Sport Integrity Australia. As Member of the IFHA Council on Anti-illegal Betting and Related Crime, Sport Integrity Australia was established as a national response to threats posed to the… Read More »
Applications for Thoroughbred Breeders Australia’s latest Fast Track program are now open, offering a pathway into the breeding sector and national Industry recognition. âFast Track is also unique in that the trainees are working on a farm, in receiving a wage, while also studying for a Certificate IIIâ said TBA… Read More »
Fashion Faux Pas, a multiple Stakes-winning American mare that has produced a $1.7m yearling this season and carrying a âlimited editionâ cover to Snitzel, headlines a bumper Inglis Digital January catalogue of 519 lots. The 9YO mare, who hails from a quality family cultivated by the Hancock Family of Claiborne… Read More »
With Saturdayâs $3.5m The Star Gold Coast Magic Millions 2YO Classic being run on Friday, itâs the Capitalist 2yo filly Memo who is $6 co-favourite with wagering agencies. As 41mm had deluged the Aquis Park Gold Coast track, the remaining seven races of The $14.5m Star Magic Millions Raceday will… Read More »
Yes, itâs been 150 years of racing at Wyong, and now its Robusto whoâs the $3.90 favourite with wagering agencies for the initial Wyong Leagues Club Group $500,000 The Lakes. Run as an Open Handicap over 1600m with a 52kg minimum, Robusto is coming off a length second in The… Read More »
