Australia – world’s largest commercial greyhound racing industry

Australia – world’s largest commercial greyhound racing industry

Australia is one of only eight countries in the world with a commercial greyhound racing industry — but it’s by far the biggest.

While there are greyhound racing tracks in every part of Australia, most racing is concentrated in the eastern states. The total number of active greyhound tracks in NSW is 34 and there are 14 in Victoria.  By comparison, the UK has 22 tracks, Ireland has 16 and the US has eight.

The greyhound racing industry is financially supported by:

  • a gambling industry that is the largest per capita in the world,
  • Australia’s main political parties.
Each year in Australia, AUD$4B is gambled on the results of greyhound racing, with state governments reaping million of dollars in tax revenue. For example in NSW, the greyhound racing industry generates AUD$90M per year for the NSW State Government in tax.

Tabcorp

Tabcorp is the market leader in Australian wagering, operating under the TAB brand. TAB takes 1.1 billion bets annually and has 57% revenue market share. In 2017, Tabcorp announced that NSW greyhound racing represented around five per cent of Tabcorp’s total wagering turnover.

Greyhound racing is broadcast on Tabcorp’s subsidiary Sky Racing which transmits to more than 5,000 outlets across Australia and into 51 countries around the world via satellite, cable, mobile and the Internet. Sky Racing has a reach of more than two million Australian homes, but racing fans can also watch racing in hotels, clubs or TABs.

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