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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 2013

A slow race: Falling attendance and tighter regulations threaten revenue

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
Revenue
$2bn
Annual Growth 09-14
-2.9%
Annual Growth 14-19
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Profit
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Employment
14,189
Businesses
2,052
Industry Analysis & Industry Trends

Horse racing and greyhound racing are fixtures of Australian sporting culture. Horse racing is the only sport in Australia's athletically obsessed culture that warrants public holidays in various states, culminating in November's Melbourne Cup as the jewel of a $1.6 billion industry.

However, horse racing has been facing challenges from all angles over the past five years. In 2007-08, equine influenza (EI) hammered horse racing in Queensland and New South Wales, where a number of races were called off due to heavy quarantine restrictions. After months on the sidelines, racing returned to normal. By March 2008, Australia was declared EI-free. Consequently, the industry began to recover... purchase to read more

Industry Report - Industry Locations Chapter

The majority of industry activity occurs in Victoria and New South Wales. Victoria in particular is known for having a strong racing industry, as the annual Spring Racing Carnival (the industry's largest event), is centred around Melbourne, and the Melbourne Cup. Harold Park Racetrack, the premier track in New South Wales, is well known for its rich harness race, the `Miracle Mile'.

The major racing clubs in Victoria are the Victoria Racing Clubs, Melbourne Racing Club and Moonee Valley Racing Club. However, an area which IBISWorld has identified as a growth sector is that of country racing in Victoria... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Horse and Dog Racing Industry?

Horse and dog racing operators run racing and training facilities. Horse racing includes racing horses that are ridden or pull a vehicle. Breeding, wagering and other ancillary services are not included in the industry.

Industry Products
Animal ownershipAnimal trainingClub and track ownershipRacing authority operation
 
Industry Activities
Dog training for racingGreyhound trainingRacecourse or track operation Racehorse trainingRacing stables operationRacing kennels operationTrotting club operation


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