Distributor of Southern Hemisphere horse-racing content to North and South America reports year-on-year growth across all products
Louisville, KY. July 14th, 2016 – Sky Racing World, a Louisville, Kentucky-based distributor of international horse-racing content to the Americas and subsidiary of leading Australian wagering operator Tabcorp, has announced unprecedented results for its fiscal year 2016, ending June 30th, 2016. The exclusive supplier of Australasian racing content to the North American market has most notably expanded its offering over the last 12 months to include both South African and Argentinian races, in addition to its longstanding Australian and New Zealand coverage.
Sky Racing World saw particular success with its core product, Australian racing, and reported a $215 million turnover, which is a 13% increase on its 2015 fiscal year. Sky Racing World’s Australian offerings totaled over 7,800 meetings this year, which is consistent with last year. Notable events included the Sydney Racing Carnival, where the brand saw its strongest turnover day and generated $1.4 million on April 1st, 2016, the second day of The Championships.
The financial results can be partly attributed to the quality of this year’s Australian racing season and the wagering benefits associated with an average race field size of 11. North American players took advantage of the strong dividends paid out though their wagering platforms and enjoyed the sensational racing entertainment available.