QUEENSLAND RACING INDUSTRY. Economic & Social Impact Report Highlights

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Marylou Gaines
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1 QUEENSLAND RACING INDUSTRY Economic & Social Impact Report Highlights PREPARED BY IER OCTOBER 2017

OUR RACING INDUSTRY The Queensland racing industry plays an important economic and social role, enhancing both individual and community wellbeing.

2 OUR RACING INDUSTRY The Queensland racing industry plays an important economic and social role, enhancing both individual and community wellbeing. There is an average of more than four thoroughbred, harness or greyhound race meetings held each day in this state; providing employment and entertainment for Queensland residents and visitors alike. KEY FINDINGS $1.21 billion Economic Contribution to Queensland (Value Added) 9,546 FTE 1 Full Time Employment 41,864 Number of Participants in Racing All figures are based on the racing season 1 FTE = Full Time Equivalent Employment 02 Economic & Social Impact Report Highlights

AT A GLANCE 132 Racing Clubs 1,541 Race Meetings 12,331 Races 20,012 Racing Club Members 847,833 Attendances The racing industry generates more than $1.

3 AT A GLANCE 132 Racing Clubs 1,541 Race Meetings 12,331 Races 20,012 Racing Club Members 847,833 Attendances The racing industry generates more than $1.2 billion in value added contribution to Queensland. Its economic activities create roles for close to 42,000 participants and sustains more than 9,500 full time equivalent jobs. However due to the presence of many part-time, casual and contractor roles, the actual number of individuals employed in the industry is much higher. Economic & Social Impact Report Highlights 03

RACING AND OUR ECONOMY The racing industry in Queensland generates $961.3 million direct expenditure 2 Source of direct spending Producing racing animals (breeding) $83.

4 RACING AND OUR ECONOMY The racing industry in Queensland generates $961.3 million direct expenditure 2 Source of direct spending Producing racing animals (breeding) $83.5M The training and preparation of racing animals is responsible for more than $236 million of this expenditure Preparing racing animals (training) Racing club and peak body expenditure Other wagering operator expenditure Racing customer expenditure (off course) Total $236.3M $346.5M $224.7M $70.4M $961.3M Breeding activities in the three codes of racing is responsible for generating more than $83.5 million in expenditure 2 Direct spending is defined as expenditure associated with producing racing animals (breeding & rearing), preparing racing animals (training), net revenues from wagering activities, racing body and racing customer expenditures. Revenues from wagering activities comprises the largest component of the industry s impact Almost 47% of the industry s expenditure occurs in regional parts of Queensland 04 Economic & Social Impact Report Highlights

5 Note: Volunteer numbers sourced from club and participant surveys. Not all clubs provided data. * Some totals may not add up due to rounding. More than 41,800 people are directly involved in the Queensland racing industry. The Gold Coast region is the most active outside the metropolitan area It s the people who make racing come alive TOTAL PARTICIPANTS IN RACING Thoroughbred Harness Greyhound Total Breeders 1, ,684 Owners 16, ,172 21,932 Trainers ,827 Racing Club & Industry Staff 2, ,092 (FT, PT, Casual) Breeders Staff 2, ,530 Stable/Kennel Employees 2, ,692 Jockeys & Drivers Racing club volunteers 2, ,854 Volunteers assisting participants 2,561 1,108 1,170 4,839 Total 31,691 3,095 7,078 41,864 + Breeders provide and replenish Queensland s racing stock. There are 1,684 people in Queensland involved in breeding racehorses and greyhounds, with more than 86% operating in regional Queensland. Nearly 75% of all breeding related expenditure occurs in four Queensland regions. The Darling Downs - Maranoa (23.7%), Logan Beaudesert (21.2%), Toowoomba (14.5%) and the Ipswich (13.8%) regions are the most active breeding areas in the State. + Owners provide much of the capital outlay and day-to-day funding for the production of racehorses and greyhounds. There are more than 21,900 owners of racehorses and greyhounds in Queensland - 76% of which are in regional parts of the state. Overall, more than 80% of the expenditure on training activities occurs in regional areas of the state. Regionally, Gold Coast (15.7%), Sunshine Coast (10.7%) and Logan- Beaudesert (10.3%) make up the largest training areas outside of greater Brisbane (19.6%). + Trainers play the vital role of preparing racehorses and greyhounds for racing. Additionally, they also employ a large number of skilled and unskilled individuals to assist in the training activities. There are more than 1,800 trainers of racehorses and greyhounds in Queensland. The Darling Downs-Maranoa region is home to the largest proportion of thoroughbred trainers (11%) while the Ipswich region hosts the largest proportion of harness (35%) and greyhound (26%) trainers. + More than 7,600 people provide important volunteer support to the racing industry in Queensland. Volunteers assume key roles at many racing clubs, including administration, raceday hospitality and committee roles as well as assisting trainers and breeders in their operations. Economic & Social Impact Report Highlights 05

AT A GLANCE 1,684 Breeders 3,032 Foals & Pups Produced 21,932 Owners & Syndicate Members 1,827 Trainers 11,310 Horses & Greyhounds in Training The following table illustrates the total wagering

6 AT A GLANCE 1,684 Breeders 3,032 Foals & Pups Produced 21,932 Owners & Syndicate Members 1,827 Trainers 11,310 Horses & Greyhounds in Training The following table illustrates the total wagering turnover generated in Queensland by code: ($M) Wagering on QLD racing product with UBET 414 Jockeys, Drivers & ApprenticesTraining 0 6 Economic & Social Impact Report Highlights Thoroughbred Harness Greyhound Total $373.7 $50.1 $58.6 $482.3 $1,246.6 $163.6 $279.2 $1,689.4 Wagering on QLD racing product with other WSP s $2,085.6 $401.9 $573.0 $ Total $3,706.9 $615.6 $910.7 $5,232.2 Wagering on Interstate/ Overseas racing product with UBET

7 RACING AND OUR COMMUNITIES The Queensland racing industry plays an important role in the development and preservation of social and community benefits throughout rural, regional and metropolitan areas of the state. This contribution to community social benefit enhances both individual and community wellbeing throughout Queensland. Through a number of case studies, the social and community benefits delivered by the racing industry in Queensland were highlighted. These benefits include: + The Greyhound Adoption Program finding homes for 318 retired greyhounds in 2016/17 + Fundraising efforts by Queensland s reinswomen who raised over $50,000 for the Women s Cancer Foundation as part of the Team Teal Queensland campaign Bring together family and friends for a social experience + The history, community and tourism benefits of the iconic Birdsville Races and their long term partnership with the Royal Flying Doctor Service + Engaging junior participation in the sport of mini trotting to facilitate and encourage sportsmanship, friendships and education about caring for horses + The creation of community partnerships for the annual Mt Garnet Races and Rodeo - delivering community pride, volunteerism and opportunities for family participation COMMUNITY ENGAGEMENT WITH RACING QUEENSLAND 4.8 Support businesses in the local economy The survey results highlighted the following positive initiatives highlighted by clubs: + Over 490 community organisations or charities are assisted financially by racing club + Over 333 community organisations share the racing club facilities and resources + Close to 21,000 people hold racing club memberships whilst just under 7,700 people provide volunteer time and services to racing clubs and participants + The three codes of racing in Queensland are very proactive in engaging with families and many cup days and themed events provide a strong link to the community. Over the last decade racing clubs have increasingly developed activities and facilities that enable families to enjoy a social day at the races. A social impact survey asked clubs how much they believed racing in their town or city has the ability to engage with the community from a social cohesion, education and business perspective. The adjacent chart illustrates the strength of the community engagement indicators in particular socialisation and supporting local businesses Connect people with both similar and diverse backgrounds Reinforce the values of the community 4.4 Strengthen your town/cities profile as a tourism destination 4.3 Educate visitors about your community (1 - Not at all, 5 - To a great extent) Economic & Social Impact Report Highlights 07

AT A GLANCE REGIONAL $554.6m Total Economic Contribution DIRECT INDIRECT $281.8 MIL $272.8 MIL AT A GLANCE METRO $659.6m Total Economic Contribution DIRECT INDIRECT $152.4 MIL $507.

8 AT A GLANCE REGIONAL $554.6m Total Economic Contribution DIRECT INDIRECT $281.8 MIL $272.8 MIL AT A GLANCE METRO $659.6m Total Economic Contribution DIRECT INDIRECT $152.4 MIL $507.2 MIL 4,604 Full Time Employment 4,942 Full Time Employment 34,136 Total Participants 7,728 Total Participants BREEDERS 1,461 OWNERS 16,583 TRAINERS 1,668 EMPLOYEES 6,824 JOCKEYS, DRIVERS 372 & APPRENTICES VOLUNTEERS 7, ,794 Attendances 261,039 Attendances 12,789 Animals 1,553 Animals PUPS / FOALS PRODUCED 2,945 ANIMALS IN TRAINING 9, Clubs 5 Clubs GREYHOUND 5 HARNESS 4 THOROUGHBRED 118 BREEDERS 223 OWNERS 5,349 TRAINERS 159 EMPLOYEES 1,490 JOCKEYS, DRIVERS 42 & APPRENTICES VOLUNTEERS 465 PUPS / FOALS PRODUCED 87 ANIMALS IN TRAINING 1,466 GREYHOUND 2 HARNESS 1 THOROUGHBRED 2 About Racing Queensland Racing Queensland provides a platform to service the racing industry across the 3 codes of racing. Racing Queensland s vision is to connect people through the thrill of racing, with the mission to become Queensland s favourite sport and Australia s Best Racing Jurisdiction. About IER IER is a leading independent consulting and economic research firm. IER provides economic evaluations for a wide variety of event and tourism bodies across Australia spanning from large metropolitan events to small regional festivals and events. IER has undertaken similar size and scope studies in all States of Australia as well as New Zealand and Canada over the last decade. Racing RACE MEETINGS 1,083 RACES 8,092 Racing RACE MEETINGS 458 RACES 4,239

WESTERN AUSTRALIAN RACING INDUSTRY

WESTERN AUSTRALIAN RACING INDUSTRY ECONOMIC & SOCIAL IMPACT REPORT HIGHLIGHTS OUR RACING INDUSTRY THOROUGHBRED RACING IS THE THIRD HIGHEST ATTENDED SPORT IN WA The Western Australian racing industry plays