Posted: 3 November, 2016 by Racing Newsroom

This Year's Melbourne Cup Carnival Has Broken The Record For Amount Wagered

Domestic and International Record For First Two Days Smashed

The 2016 Melbourne Cup Carnival has broken domestic and international records for amount wagered over the first two days.

Wagering data from Racing Victoria’s approved domestic Wagering Service Providers (WSPs) and internationally from the Hong Kong Jockey Club (HKJC) and Japan Racing Association (JRA) show that punters have warmly embraced Australia’s two most famous racedays.

AAMI Victoria Derby Day (29 October 2016)

Total WSPs (Meeting):                                   $145.0 million – up 11.2% on 2015
Total WSPs (AAMI Victoria Derby):           $26.70 million – up 6.9% on 2015
HKJC (Races 4-9 only):                                    $21.34 million – up 15% on 2015

Emirates Melbourne Cup Day (1 November 2016)

Total WSPs (Meeting):                                   $331.0 million – up 5.7% on 2015
Total WSPs (Melbourne Cup):                    $219.9 million – up 7.7% on 2015
HKJC (Races 5-10 only):                                 $19.83 million – up over 10% on 2015
JRA (Melbourne Cup):                                   $8.73 million*

(* 2016 marks the first time that Japan has wagered on the Emirates Melbourne Cup)

RV Chief Executive, Bernard Saundry, said “We are really pleased with the way that punters have supported the world class racing at Flemington over the first two days of the Melbourne Cup Carnival.

“The switch of the Cantala Stakes and Emirates Stakes (formerly Mackinnon Stakes) contributed to an uplift in domestic turnover on AAMI Victoria Derby Day and has delivered two high quality Group 1 fields.

“On Tuesday we witnessed an epic edition of the Emirates Melbourne Cup and punters engaged in record numbers Australia-wide across both the totes and corporate bookmakers.

“The track was presented in fantastic order by the VRC across the first two days and there is no doubt that this, coupled with favourable weather conditions, has contributed to strong punter confidence.”

VRC Chief Executive, Simon Love, said “We’re delighted that punters across the globe have strongly supported Australia’s most iconic race meetings – AAMI Victoria Derby Day and Emirates Melbourne Cup Day.

“The Hong Kong Jockey Club are valued supporters of the Victoria Racing Club and Hong Kong punters have again shown their passion for the high quality racing on offer at Flemington.

“We are privileged that the Japan Racing Association this year saw fit to include the Emirates Melbourne Cup within their inaugural international broadcast schedule.

“Unfortunately Curren Mirotic was unable to deliver Japan a second Emirates Melbourne Cup, however it is clear that the performance of Delta Blues in 2006 still resonates with Japanese racing fans and we look forward to consolidating our partnership with the JRA into the future.

“These positive wagering results are testimony to the efforts of many, in particular Mick Goodie and his team who have prepared a perfect racing surface for the Carnival.”

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