THOROUGHBRED
RACING IN THE
NORTHERN TERRITORY

+ there are 5 thoroughbred racing clubs operating in the Northern Territory (NT), 2 of which are in metropolitan areas, and 3 in regional areas.
+ the thoroughbred racing industry in the NT is responsible for generating more than $122.2 million in value added contribution to gross state product. This equates to 1.4% of the total impact generated by thoroughbred racing in Australia.
+ the economic impact generated by the thoroughbred racing industry in the NT is responsible for sustaining a total of 991 full
time equivalent (FTE) jobs in the region.
+ the thoroughbred racing industry in the NT generates more than $71.6 million in household incomes for those employed in
full-time, part-time and casual work.
+ more than 2,370 individuals are involved in the thoroughbred racing industry as a participant, employee or volunteer.

THOROUGHBRED RACING IN
THE NT IS RESPONSIBLE FOR GENERATING $122 MILLION IN
VALUE ADDED ECONOMIC
CONTRIBUTION

Key statistics

5 Racing Clubs

METRO 2
REGIONAL 3

5 Race Tracks

METRO 1
REGIONAL 4

75 Race Meetings

METRO 38
REGIONAL 37

418 Races

METRO 213
REGIONAL 205

71,942 Attendances

METRO 49,853
REGIONAL 22,089

KEY ECONOMIC IMPACTS

$122.2 million Total
Economic Contribution

991 Total FTE Job
Creation

$71.6 million total Household Income
Created

DIRECT SPENDING BY THE THOROUGHBRED RACING INDUSTRY IN THE NORTHERN TERRITORY

In 2016/17, the thoroughbred racing industry in the NT generated just under $119 million in direct expenditure. The calculation of direct expenditure is based on the sum of the spending made by racing industry participants, businesses and customers as a result of the racing industry’s existence.
The following table illustrates the key drivers of the expenditure generated by the thoroughbred racing in the Northern Territory:
SOURCE OF FINAL EXPENDITURE
FUNDED BY
AMOUNT
($ MIL)
Breeding - production of foals
+ Owner & breeder expenditure
+ Service fees revenue
+ Industry bonuses & incentives
$ -
Training - preparation of horses for racing
+ Owner & trainer expenditure
+ Prizemoney
+ Industry bonuses & incentives
+ Nominations
$17.0
Racing & Wagering Activities
+ Net wagering revenues & product fees
+ Other raceday revenues
+ Non-raceday racing club revenues
+ Off-track racing customer spending
$102.0
TOTAL
$119.0

THE PEOPLE

34 Breeders

METRO 22
REGIONAL 12

41 Trainers

METRO 19
REGIONAL 22

1,008 Owners

METRO 736
REGIONAL 272

123 Volunteers

METRO 38
REGIONAL 85

THE ANIMALS

366 Horses in Training

METRO 205
REGIONAL 161