About us - Corporate

Funding

Written by Asanka Jagoda | Nov 12, 2024 12:38:30 PM

Tasracing is funded by Tasmanian government appropriations worth $27 million a year over a 20-year period, indexed over the life of the deed.

Tasracing also derives revenue from Race Field Fees charged to wagering operators offering markets on Tasmanian racing within national and overseas markets.

Tasracing has a strong strategic focus on growing the company’s commercial income in order to achieve long term sustainability for the Tasmanian racing industry.