Major Asia-Pacific Markets Dominate Global Horse Race Betting Growth In 2016

Horse race betting volumes in Hong Kong, Australia and Japan grew by a cumulative 7.4 percent or €3.7bn in constant currency terms during 2016, contrasting with flat trends in major western markets including the UK, the United States and France.

In its latest annual report, made available this week, the International Federation of Horseracing Authorities (IFHA) detailed horse race betting turnover across the 37 of its 60 member countries to report the metric, revealing consolidated turnover of €107.2bn in 2016.

To continue reading

Take a Trial