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TAS Night Racing Continues To Shine

Thursday, 25th June 2015

Total turnover on Wednesday night Tasmanian thoroughbred racing from Launceston continued to grow in 2014/15, increasing by more than 13 per cent to $70.8 million compared to last season. The average meeting turnover on 22 thoroughbred race meetings between 1 October 2014 and 30 April 2015 increased by $176,000 to $3.2 million (5.7 per cent) compared to 2013/14. Importantly, these results reveal Wednesday night racing generated an additional average $490,000 of turnover per meeting compared to Sunday racing. The average number of starters per night race of 10.1 also compares well with a 9.8 average across all meetings in 2014/15.  The 10.1 average has been consistent over the past three seasons. Tasracing chief executive officer Eliot Forbes said the Wednesday night racing schedule continued to provide significant benefits over Sunday racing. "Night thoroughbred racing is an important product as it provides an opportunity to reach international markets at an appropriate time of day," he said. "Tasracing and Sky have jointly invested significant effort into developing thoroughbred night racing from Tasmania for appropriate international markets. While the exposure is obviously beneficial, increased income for the entire industry is the main driver for developing these new markets." In 2014/15 thoroughbred night racing was broadcast to countries including France, New Zealand, Singapore, the United Kingdom, the United States and South Africa.

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