Racing Australia Annual Report 2020

RACING AUSTRALIA ANNUAL REPORT 2020 | 31 RACING AUSTRALIA SIZE & SCOPE STUDY THOROUGHBRED RACING IN AUSTRALIA (2018/19 ) OROUGHBRED RACING AUSTRALIA (2018/19) THE PEOPLE THE AUSTRALIANTHOROUGHBRED RACING INDUSTRY GENERATES IN EXCESS OF $9.5 BILLION IN ECONOMICVALUE, 50.7% OFWHICH IS IN REGIONAL AREAS SOURCE: BASED ONTHE 2016/17 SIZEAND SCOPE STUDY UNDERTAKEN BY IERANDADJUSTEDTO REPRESENT AN ESTIMATE OFTHE 2018/19 RACING SEASON CTS $9.5b CONOMIC NTRIBUTION HE NATIONAL CONOMY 4,518 ULL TIME QUIVALENT JOBS USTAINED $3.3b $6.2b 33,978 40,540 CTS NAL AREAS 8 BILLION OF MICVALUE IS IN REGIONAL EAS 2,643 Race Meetings 517 2,126 METRO REGIONAL 156,383 Participants in Racing 376 Racing Clubs 16 360 METRO REGIONAL 4.2m Attendances 1.7M 2.5M METRO REGIONAL 19,369 Races 4,182 15,187 METRO REGIONAL THE INDUSTRY WAGERING 21% 79% METRO REGIONAL 3,119 Trainers 45% 55% METRO REGIONAL 82,556 Owners 33% 67% METRO REGIONAL 6,772 Breeders $20.9b TURNOVER ON AUSTRALIAN THOROUGHBRED RACING ON COURSE TOTE FIXED ODDS TAB OFF COURSE TAB BOOKMAKERS $0.3b $4.6b $4.9b $11.1b $728.8m 21,425 $637m 28,157 STAKES AND STANDARD RACE MONEY VOLUNTEERS SUPPORTING RACING CLUBS AND PARTICIPANTS AUSTRALIAN AUCTION SALES RESULTS (TOTAL) RACEHORSES WHO COMPETED IN AUSTRALIA PRIZEMONEY PAID VOLUNTEERS SUPPORTING THE INDUSTRY VALUE OF AUCTION SALES TOTAL RACEHORSES 50.7% THOROUGHBRED RACING IN AUSTRALIA (2018/19) MARCH 2020 THE AUSTRALIANTHOROUGHBRED RACING INDUSTRY GENERATES IN EXCESS OF $9.5 BILLION IN ECONOMICVALUE, 50.7% OFWHICH IS IN REGIONAL AREAS SOURCE: B SED ONTHE 2016/17 SIZE AND SCOPE STUDY U ECONOMIC IMPACTS $9.5b ECONOMIC CONTRIBUTION TO THE NATIONAL ECONOMY 74,518 FULL TIME EQUIVALENT JOBS SUSTAINED DIRECT IMPACT DIRECT IMPACT INDIRECT IMPACT INDIRECT IMPACT $3.3b $6.2b 33,978 40,540 ECONOMIC IMP CTS METRO V REGIONAL AREAS Metro Regional CLOSETO $4.8 BILLION OF THE ECONOMICVALUE IS GENERATED IN REGIONAL AREAS 2,643 Race Meetings 517 2,126 METRO REGIONAL 376 Racing Clubs 16 360 METRO REGIONAL 4.2m Attendances 1.7M 2.5M METRO REGIONAL 19,369 Races 4,182 15,187 METRO REGIONAL THE INDUSTRY WAGERING $20.9b TURNOVER ON AUSTRALIAN THOROUGHBRED RACING ON COURSE TOTE FIXED ODDS TAB OFF COURSE TAB BOOKMAKERS $0.3b $4.6b $4.9b $11.1b PRIZEMONEY VOLUNTEERS THE INDUSTR 49.3% 50.7% THOROUGHBRED RACING IN AUSTRALIA (2018/19) MARCH 2020 THE AUSTRALIANTHOROUGHBRED RACING INDUSTRY GENERATES IN EXCESS OF $9.5 BILLION IN ECONOMICVALUE, 50.7% OFWHICH IS IN REGIONAL AREAS SOURCE:BASEDONTHE2016/17SIZEANDSCOPESTU ECONOMIC IMPACTS $9.5b ECONOMIC CONTRIBUTION TO THE NATIONAL ECONOMY 74,518 FULL TIME EQUIVALENT JOBS SUSTAINED DIRECT IMPACT DIRECT IMPACT INDIRECT IMPACT INDIRECT IMPACT $3.3b $6.2b 33,978 40,540 ECONOMIC IMPACTS METRO V REGIONAL AREAS Metro Regional CL SETO $4.8 BILLION OF THE ECONOMICVALUE IS GENERATED IN REGIONAL AREAS 2,643 Race Meetings 517 2,12 METRO REGIONAL 376 Racing Clubs 16 360 METRO REGIONAL 4.2m Attendances 1.7M 2.5 METRO REGIONAL 19,369 Races 4,182 15,187 METRO REGIONAL THE INDUSTRY WAGERING $20.9b TURNOVER ON AUSTRALIAN THOROUGHBRED RACING ON COURSE TOTE FIXED ODDS TAB OFF COURSE TAB BOOKMAKERS $0.3b $4.6b $4.9b $11.1b PRIZEMONE VOLUNTEER THE INDUST 49.3% 50.7% THOROUGHBRED RACING IN AUSTRALIA (2018/19) MARCH 2020 THE PEOPLE THE AUSTRALIANTHOROUGHBRED RACING INDUSTRY GENERATES IN EXCESS OF $9.5 BILLION IN ECONOMICVALUE, 50.7% OFWHICH IS IN REGIONAL AREAS SOURCE:BASEDONTHE2016/17SIZEANDSCOPESTUDYUNDERTAKENBY IERANDADJUSTEDTOREPRESENT ANESTIMATEOFTHE2018/19RACINGSEASON ECONOMIC IMPACTS $9.5b ECONOMIC CONTRIBUTION TO THE NATIONAL ECONOMY 74,518 FULL TIME EQUIVALENT JOBS SUSTAINED DIRECT IMPACT DIRECT IMPACT INDIRECT IMPACT INDIRECT IMPACT $3.3b $6.2b 33,978 40,540 ECONOMIC IMPACTS METRO V REGIONAL AREAS Metro Regional CLOSETO $4.8 BILLION OF THE ECONOMICVALUE IS GENERATED IN REGIONAL AREAS 2,643 Race Meetings 517 2,126 METRO REGIONAL 156,383 Participants in Racing 376 Racing Clubs 16 360 METRO REGIONAL 4.2m Attendances 1.7M 2.5M METRO REGIONAL 19,369 Races 4,182 15,187 METRO REGIONAL THE INDUSTRY WAGERING 21% 79% METR REGIONAL 3,119 Trainers 45% 55% METRO REGIONAL 82,556 Owners 33% 67% METRO REGIONAL 6,772 Breeders $20.9b TURNOVER ON AUSTRALIAN THOROUGHBRED RACING ON COURSE TOTE FIXED ODDS TAB OFF COURSE TAB BOOKMAKERS $0.3b $4.6b $4.9b $11.1b $728.8m 21,425 $637m 28,157 STAKES AND STANDARD RACE MONEY VOLUNTEERS SUPPORTING RACING CLUBS AND PARTICIPANTS AUSTRALIAN AUCTION SALES RESULTS (TOTAL) RACEHORSES WHO COMPETED IN AUSTRALIA PRIZEMONEY PAID VOLUNTEERS SUPPORTING THE INDUSTRY VALUE OF AUCTION SALES TOTAL RACEHORSES 49.3% 50.7% THOROUGHBRED RACING IN AUSTRALIA (2018/19) MARCH 2020 THE AUSTRALIANTHOROUGHBRED RACING INDUSTRY GENERATES IN EXCESS OF $9.5 BILLION IN ECONOMICVALUE, 50.7% OFWHICH IS IN REGI NAL AREAS SOURCE: BASED ONTHE 2016/17 SIZE AND SCOPE STUDY U ECONOMIC IMPACTS $9.5b ECONOMIC CONTRIBUTION TO THE NATIONAL ECONOMY 74,518 FULL TIME EQUIVALENT JOBS SUSTAINED DIRECT IMPACT DIRECT IMPACT INDIRECT IMPACT INDIRECT IMPACT $3.3b $6.2b 33,978 40,540 ECONOMIC IMPACTS METRO V REGIONAL AREAS Metro Regional CLOSETO $4.8 BILLION OF THE ECONOMICVALUE IS GENERATED IN REGIONAL AREAS 2,643 Race Meetings 517 2,126 METRO REGIONAL 376 Racing Clubs 16 360 METRO REGIONAL 4.2m Attendances 1.7M 2.5M METRO REGIONAL 19,369 Races 4,182 15,187 METRO REGIONAL THE INDUSTRY WAGERING $20.9b TURNOVER ON AUSTRALIAN THOROUGHBRED RACING ON COURSE TOTE FIXED ODDS TAB OFF COURSE TAB BOOKMAKERS $0.3b $4.6b $4.9b $11.1b PRIZEMONEY VOLUNTEERS THE INDUSTR 49.3% 50.7% ED RACING (2018/19) THE PEOPLE USTRALIANTHOROUGHBRED NDUSTRY GENERATES IN EXCESS BILLION IN ECONOMICVALUE, FWHICH IS IN REGIONAL AREAS SOURCE: BASED ONTHE 2016/17 SIZE AND SCOPE STUDY UNDERTAKEN BY IER AND ADJUSTEDTO REPRESENT AN ESTIMATE FTH 2018/19 RACING SEASON 2,643 Race Meetings 517 2,126 METRO REGIONAL 156,383 Participants in Racing bs 360 4.2m Attendances 1.7M 2.5M METRO REGIONAL 15,187 ING 21% 79% METRO REGIONAL 3,119 Trainers 45% 55% METRO REGIONAL 82,556 Owners 33% 67% METRO REGIONAL 6,772 Breeders $20.9b TURNOVER ON AUSTRALIAN THOROUGHBRED RACING E TOTE DS TAB SE TAB ERS $0.3b $4.6b $4.9b $11.1b $728.8m 21,425 $637m 28,157 STAKES AND STANDARD RACE MONEY VOLUNTEERS SUPPORTING RACING CLUBS AND PARTICIPANTS AUSTRALIAN AUCTION SALES RESULTS (TOTAL) RACEHORSES WHO COMPETED IN AUSTRALIA PRIZEMONEY PAID VOLUNTEERS SUPPORTING THE INDUSTRY VALUE OF AUCTION SALES TOTAL RACEHORSES March 2020 Size and scope study updated and released March 2020 based upon the previous racing season 2018/2019.