According to the source, as of June 30, 2019 in Australia there were nearly 3.8 thousand greyhound racing meetings and 62 greyhound racing clubs. With 33 clubs and more than 1.1 thousand meetings held in New South Wales with the greatest number of races hosted at just over 10.9 thousand. Around 560 meetings and 5.6 thousand races were held in the six clubs in Queensland that year, whereas the only greyhound racing club in Australian Capital Territory did not record any activities.
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Market Size statistics on the Horse and Dog Racing industry in Australia
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Employment statistics on the Horse and Dog Racing industry in Australia
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This report is a list of all greyhounds which have been exported from Australia, encompassing both companion and racing dogs.
This includes the destination country and the total number of animals exported each month. No other data is available for publication.
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Number of Businesses statistics on the Horse and Dog Racing industry in Australia
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According to Cognitive Market Research, the global greyhound racing market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 14.10% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.3% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.1% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.8% from 2024 to 2031.
The race track held the highest greyhound racing market revenue share in 2024.
Market Dynamics of Greyhound Racing Market
Key Drivers for Greyhound Racing Market
Advancement of Technology to Increase the Demand Globally
The greyhound racing market is expanding rapidly due to technological advancements. Innovations in live streaming, digital betting platforms, and data analytics enhance the viewing and betting experience, making the sport more accessible globally. These technologies allow real-time race tracking and personalized betting options, attracting a wider audience and increasing engagement. This tech-driven transformation is essential for the market's growth and sustainability, providing new opportunities for stakeholders across the industry.
Favorable Regulations in Certain Regions to Propel Market Growth
The greyhound racing market is expanding, driven by favorable regulations in regions like Australia and parts of the US. These regulations support the industry's growth by allowing licensed betting, ensuring animal welfare, and promoting transparent practices. Additionally, advancements in digital platforms and increased global betting interest enhance accessibility and audience engagement, contributing to the market's growth prospects.
Restraint Factor for the Greyhound Racing Market
High Initial Cost to Limit the Sales
The greyhound racing market faces significant restraints due to high initial costs, including breeding, training, and maintaining racing facilities. These costs deter new entrants and limit the sport's growth. Moreover, stringent regulations and animal welfare concerns add financial and operational burdens. Despite increasing interest and technological advancements in live betting and streaming, these barriers impede broader market expansion.
Animal welfare concerns restrain the market growth
In spite of continued development in the greyhound racing sector, the sport remains under heavy criticism from animal rights groups and the public. Cases of abuse, neglect, or injury to greyhounds can result in serious negative publicity, harming the image of the sport and public confidence. These problems tend to lead to legal disputes, more regulation, and sponsor pull-outs, further burdening the financial struggles of operators in the business. High welfare standards are essential in maintaining ways to avoid these risks and making the sport sustainable in the long term. The inability to respond to concerns over animal welfare may mean more stringent legislation or, in a few cases, complete prohibitions, such as in numerous areas where the sport of greyhound racing already exists in part or in total prohibition. Increasing public concern with animal welfare increases pressure on the greyhound racing industry to more open and more humane practices so as not to incur regulatory attacks and to provide for its future existence.
Impact of Covid-19 on the Greyhound Racing Market
The Covid-19 pandemic significantly disrupted the greyhound racing market. Lockdowns and social distancing measures led to the suspension of races and closures of tracks, causing substantial revenue losses. Betting activities, a primary revenue source, also plummeted due to fewer events and economic uncertainty. The industry faced ope...
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The Horse and Dog Racing industry has weathered the storm of the COVID-19 pandemic, benefiting from a surge in wagering turnover through the growing popularity of online betting platforms. Nevertheless, the industry has faced serious challenges over recent years, with some segments of the industry faring better than others. Attendance at racing events tanked, following longer-term trends of a growing proportion of punters opting to bet from home, rather than attend the races. The COVID-19 pandemic accelerated these trends, as lockdown measures prevented race day attendance and sharply reduced ticketing and hospitality revenue. Many consumers also shifted to online betting platforms while in-person venues were closed. Industry profitability has declined over the period, as the industry expended significant costs to keep races running throughout the pandemic. These efforts proved beneficial, as wagering revenue surged during lockdown periods, contributing industry-wide growth, which is expected to grow at an annualised 1.7% over the five years through 2023-24, to $4.6 billion. This includes an anticipated rise of 0.6% in 2022-23, driven by higher crowds at marquee events. The shift to online betting platforms is fundamentally reshaping the funding model of the racing industry. State-based racing authorities have traditionally relied on distributions from TAB wagering margins on their respective events, in exchange state governments gave Tabcorp exclusive access to wagering licenses for pubs, clubs and on-course wagering. As an increasing share of punters choose to bet on their phones instead, these licences are declining in value and distributions from the TAB are falling across the country. State governments have lifted the fees on non-TAB wagering services, to offset these trends and provide the racing industry with funding certainty. The industry is projected to grow over the coming years, as racing clubs enjoy unrestricted crowd numbers and more opportunities to hold marquee events. Total gambling expenditure is set to grow moderately over the period; as punters shift online, they are likely to bet more money, more often. Overall, industry revenue is forecast to rise at an annualised 2.1% over the five years through 2028-29, to $5.1 billion.
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Details of remuneration information for the Queensland Greyhound Racing Board. Information regarding the role, function, responsibilities and achievements of this body is available in the Department of National Parks, Sport and Racing annual report.
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This dataset contains information about the number of sealed samples submitted to the Racing Science Centre and the number of samples reported positive for 2014 (from Q2). This data pertains to …Show full descriptionThis dataset contains information about the number of sealed samples submitted to the Racing Science Centre and the number of samples reported positive for 2014 (from Q2). This data pertains to greyhound racing only.
As of June 30, 2018 there were 174 bookmaker licenses issued in in New South Wales, Australia. Overall, racing attracted the largest proportion of licenses, which totaled more than 200, including thoroughbred, harness and greyhound racing.
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Recognition of injuries in racing animals is essential to identify potential risk factors so actions can be taken to reduce or mitigate the cause of the injury to safeguard the animal. Racing greyhounds are subject to musculoskeletal injuries associated with athletic pursuit, in particular soft-tissue injuries, lacerations, and fractures. The objective of this study was therefore to determine risk factors for soft-tissue injuries, lacerations and fractures occurring during racing, using a cohort of greyhounds racing in New Zealand between 10th September 2014 and 31st July 2020. Dog-level, race-level and track-level risk factors for each outcome were assessed using mixed-effects multivariable logistic regression including trainer as a random effect. Throughout the study period there were 218,700 race starts by 4,914 greyhounds, with a total of 4,385 injuries. Of these, 3,067 (69.94%) were classed as soft-tissue injuries, 641 (14.62%) were reported as lacerations, and 458 (10.44%) were fractures. Greyhounds with a low racing frequency (racing more than 7 days apart) had 1.33 [95% confidence interval (CI): 1.06–1.67] times the odds of fracture compared to those racing more frequently. Older greyhounds had a greater odds of fracture compared with younger greyhounds. Racing every 7 days had a lower odds of soft-tissue injury compared with racing more than once a week. Dogs over 39 months had 1.53 (95% CI: 1.35–1.73) times the odds of sustaining a soft-tissue injury compared to the younger dogs. Greyhounds originating from Australia had a higher odds of fracture and laceration compared with New Zealand dogs. Better performing dogs (higher class) had a greater odds of fracture and laceration whilst maiden dogs had a higher odds of soft-tissue injury. Greyhounds starting from the outside box had a higher odds of fracture. There was considerable variation in the odds of soft-tissue injury at different racetracks. In conclusion, although the incidence of soft-tissue injuries was higher than other injury types, the repercussion of such injuries was less than those for fractures. The results from this study will help to inform intervention strategies aimed at reducing the rate of injuries in racing greyhounds, enhancing racing safety and greyhound welfare.
No notes provided
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset contains information about the number of sealed samples submitted to the Racing Science Centre and the number of samples reported positive for 2016. This data pertains to greyhound racing only.
No notes provided
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset contains information about the number of sealed samples submitted to the Racing Science Centre and the number of samples reported positive for 2015. This data pertains to greyhound racing only.
No notes provided
No notes provided
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset contains information about the number of sealed samples submitted to the Racing Science Centre and the number of samples reported positive for 2014 (from Q2). This data pertains to greyhound racing only.
No notes provided
No notes provided
According to the source, as of June 30, 2019 in Australia there were nearly 3.8 thousand greyhound racing meetings and 62 greyhound racing clubs. With 33 clubs and more than 1.1 thousand meetings held in New South Wales with the greatest number of races hosted at just over 10.9 thousand. Around 560 meetings and 5.6 thousand races were held in the six clubs in Queensland that year, whereas the only greyhound racing club in Australian Capital Territory did not record any activities.