Horse racing and greyhound racing have been fixtures of Australian sporting culture for a long time. Horse racing is the only sport in this athletically obsessed culture that warrants public holidays in various states, culminating in November's Melbourne Cup as the jewel of a $2.0 billion industry. However, horse racing in Australia is facing some trouble. In 2007, 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. This halted the entire spring racing carnival in these regions, which was devastating for several industry participants.
Horse and dog racing operators are organisations that run racing and training facilities. Horse racing includes the racing horses which are ridden or which are pulling a vehicle. Breeding, wagering and other ancillary services are not included in this report.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.