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Wagering Records Set Down Under

Published: November 19, 2009 8:08 pm ET

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Many racing jurisdictions are struggling when it comes to attendance and handle , but that certainly wasn’t the case for the recently concluded 2009 Spring Racing Carnival in Melbourne, Australia.

Reports indicate betting records were set during this year’s event, with more than $1.57 billion wagered during the 50-day Spring Racing Carnival. In New South Wales, betting from September 30 to November 18, 2009 reached $839.59 million (up 6.3 per cent on last year) - an all-time record.

"We have delivered our best spring racing carnival operational performance on record, seamlessly processing tens of millions of transactions for the benefit of our customers and our racing industry partners," said Robert Nason, Tabcorp's managing director of wagering. "This is a considerable achievement when you take into account that no wagering operator in the world processes the number of transactions Tabcorp does over a prolonged, high volume period such as the Spring Racing Carnival."

To read the article from The Daily Telegraph, click here.

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