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Horse and Dog Racing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Horse and Dog Racing Market Research Report | ANZSIC R9120 | Oct 2016

Gone to the dogs: Weak demand conditions are forcing smaller operators out of the industry

IBISWorld’s Horse and Dog Racing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Analysis & Industry Trends

Horse and greyhound races are fixtures of Australia's sporting culture and the annual Melbourne Cup is the highlight of the Horse and Dog Racing industry. However, industry participants have faced challenges over the past five years. Stagnant racing attendance numbers and rising interest in alternative forms of entertainment and gambling have affected industry operators over the period. Racegoers have continued to splash out at marquee events, such as the Melbourne Spring Racing Carnival. However, ticket sales and revenue from other thoroughbred, harness and greyhound races have declined over the past five years... purchase to read more

Industry Report - Industry Products Chapter

Industry players offer a diverse range of services. Racing authority, racing board, racecourse and racetrack operations are included in the industry, and large clubs and companies typically undertake these activities. Individuals can also operate in the industry as race dog and racehorse owners and trainers. Industry services are divided based on the proportion of revenue that each segment generates.

Racing authority operation

Racecourse licence boards exist under specific state racing and gaming acts that license race clubs and specify the number of race meetings that can be held at each racecourse annually. Racing authorities include Racing Victoria, Racing Queensland and the Australian Turf Club... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Horse and Dog Racing Industry?

Companies in the industry administer horse and dog racing activities, or operate horse and dog racing venues. Firms that operate horseracing stables or dog racing kennels, own racehorses or greyhounds, or provide related training services are also included in the industry.

Industry Products
Racing authority operationRacehorse and race dog ownershipRacetrack and race club operationRacehorse and race dog training
Industry Activities
Dog racecourse or racetrack operationHorse racecourse or racetrack operationRacing authority or board operationRace dog ownershipRacehorse ownershipRace dog trainingRacehorse trainingRacing kennel operationRacing stable operation

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