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 2014

A slow race: Industry revenue has been declining due to flat attendance numbers

IBISWorld’s Horse and Dog Racing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

Horseraces and greyhound races are fixtures of Australia's sporting culture. Horseracing is the only sport that warrants public holidays in various states, culminating in November's Melbourne Cup, the jewel of a $1.5 billion industry. However, industry participants have faced an array of challenges over the past five years. In August 2007, equine influenza (EI) threatened thoroughbred horseracing in Queensland and New South Wales, where several races were called off due to heavy quarantine restrictions. Although EI occurred outside the current five-year period, its after-effects have had a lasting impact on the industry.

Stagnant racing attendances and a rising interest in alternative forms of gambling have also affected the industry over the past five years... purchase to read more

Industry Report - Industry Analysis Chapter

The industry has struggled significantly over the past five years due to stagnant racing attendances and the rising popularity of alternative forms of gambling. As a result, revenue has fallen year to year over this period. Industry participants operate in a unique environment and problems from one service segment can easily be passed on to operators in other segments. The occurrence of EI in August 2007 has also continued to plague the industry over the past five years.

Revenue and profitability

Industry revenue is estimated to fall at an annualised 4.1% over the five years through 2014-15, to reach $1.5 billion. Growth in racing attendances has been very sluggish and has contributed to this decline... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Horse and Dog Racing Industry?

Companies in the industry mainly administer horse and dog racing activities, or operate horse and dog racing venues. Firms that mainly 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 kennels operationRacing stables operation

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