Horse Racing

Champions Day attracts record betting as turnover exceeds $140m

Summarized by: Live Sports Direct
 
Champions Day attracts record betting as turnover exceeds $140m

Champions Day punctuated a Melbourne Cup Carnival record betting bonanza across the four days of the Flemington carnival. The $10m raceday and carnivial climax produced a record wagering turnover of 144m. Derby Day was the second biggest betting day of Australia's premier racing festival. Domestic wager turnover last week at Flemmons totalled a new record $776m, up 7% year-on-year.

International turnover of $871m generated an extra $95m on top of the $776m record. Hong Kong led the way with wagering up 20%. US punters bet a record amount – up 55%. Flemington hosted 37 races across Cup Week, including eight Group 1 events. Champions Day saw a 21% growth of bets. VRC chief executive Steve Rosich said record turnover is an indication of strength of program and engagement during the Melbourne Cup Carnival.

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