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Racing and Gaming in NSW: A Comprehensive Overview

New South Wales (NSW) has a rich history in both racing and gaming, making it a significant player in the Australian gambling landscape. This report aims to provide insights into the current statistics and trends in this sector.

Overview of Racing in NSW

Racing sports in NSW include thoroughbred horse racing, harness racing, and greyhound racing. Each of these sports has unique features and contributes significantly to the local economy.

Key Statistics

• Approximate annual turnover from horse racing in NSW exceeds $1 billion.
• There are over 400 race meetings held annually across various venues.
• Grayhound racing events attract around 500,000 spectators each year.

Gaming Sector in NSW

The gaming sector in NSW is diverse, encompassing casinos, poker machines, and online betting platforms. The following highlights the gaming landscape:

Key Statistics

• Revenue from poker machines alone reached $2.5 billion in the last financial year.
• There are around 96 licensed clubs offering gaming in NSW.
• Online gambling has grown by 25% over the last year, reflecting a shift in consumer behavior.

Impact of Racing and Gaming on the Economy

The racing and gaming industries significantly contribute to the NSW economy in various ways:

1. Job Creation: The racing and gaming sectors provide employment opportunities for over 50,000 individuals.
2. Tourism: Major racing events attract tourists, generating approximately $500 million in tourism revenue annually.
3. Community Benefits: A portion of the gaming revenue is allocated to community programs and sports initiatives.

Future Trends in Racing and Gaming

As the industry evolves, several trends are emerging:

• The rise of mobile betting applications making gambling more accessible.
• Increased focus on responsible gambling measures and consumer protection.
• Integration of technology such as virtual racing and augmented reality experiences.

Conclusion

Racing and gaming in New South Wales continue to thrive, driven by strong participation, significant economic contributions, and evolving trends. Stakeholders must adapt to changing consumer preferences and technological advancements to ensure sustainable growth in the future.

For further information, visit the Racing NSW website or the Liquor & Gaming NSW website.