Record results for Sky Racing World
The US-based distributor of international horse-racing content has announced unprecedented results for its fiscal year 2016, ending June 30, 2016.
US.- The exclusive supplier of Australasian racing content for 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.
The horse-racing content distributor saw particular success with its core product, Australian racing, and reported a US$215 million turnover, which is a 13 percent 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 US$1.4 million on April 1, 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.
David Haslett, President and CEO of Sky Racing World, expressed that they’re extremely pleased with the growth they’ve experienced this year. “The American market has a growing appetite for high-quality international racing entertainment and we are certain this interest will grow throughout the next fiscal year with our extended offering of Australasian racing content.”, he said.
Sky Racing World is subsidiary of Australian gambling operator Tabcorp and it will continue pursuing opportunities related to their New Zealand and South African racing products as these, too, demonstrated substantial growth.
