Racing Queensland, a privately owned entity headquartered in Australia, was founded in 2013 and employs approximately 130 individuals. The organization reported $7.4M in revenue as of 2023 and functions as a tier 3 media tech buyer. The entity serves as the governing body for horse racing in the state of Queensland, Australia, responsible for overseeing and coordinating all aspects of horse racing, including the planning and management of racing carnivals such as the Queensland Winter Racing Carnival.
Racing Queensland reported its winter carnival, held from May until July 4 across venues including Doomben, Eagle Farm, Ipswich, Gold Coast, and the Sunshine Coast, generated a record $411.8 million in domestic wagering turnover across 10 meetings and attracted the largest crowds of the decade. Previously, on June 23, the Queensland budget detailed the $200 million Racing Future Fund, designated for a major infrastructure program administered by Racing Queensland. This fund supports projects such as the redevelopment of Eagle Farm, a new racing headquarters, new harness facilities at Marburg and Toowoomba, and a greyhound track at Bundaberg, fulfilling a promise made last December with the announcement of The Next Lap. Earlier, on June 17, the Valley Riding for the Disabled at Tallebudgera received a grant through the Queensland Off-The-Track Grants Program, which assists organizations providing horse riding opportunities for people with disabilities.
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Racing Queensland offers 2 products in the media and telecoms services and sports industries. Racing Queensland's product portfolio comprises of riding and animal sports and search, social, and retail media.
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Racing Queensland's revenues were less than $10M in 2024. Caretta Research has split Racing Queensland's revenue into 2 different product categories, the largest of which is horse racing. For full access to Racing Queensland's revenue breakdown subscribe to Caretta Portal.
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