VRI Media Release

The Victorian Racing Industry (VRI) generates nearly $4.7 billion of value to the Victorian economy and supports 147,952 jobs and participants according to an independent report released today.

The Size and Scope of the Victorian Racing Industry incorporates the three codes of racing – thoroughbred, harness and greyhound – and was developed by leading strategic consulting business IER.

The study represents an update to the previous report completed in 2018.

It reveals, as an economic contributor, the VRI:

• has seen a sizeable increase in the real gross value added to the Victorian economy. In 2004-05, $2.1 billion was generated while in 2018-19 this had Read full article

  Source:: https://www.grv.org.au/news/2022/07/25/vri-media-release/

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