According to a report by analyst IBISWorld

Sports betting sector will grow in Australia

(Australia).- Punters at the racetrack and the oval won’;t be put off by tough economic times, while casino and lottery customers will cut back over the next two years, a report predicts.
2008-12-18
Reading time 13 seg

"Revenue from horse and sports betting is expected to grow by 11.9 % this financial year, as the sector rebounds from the effects of equine influenza,” a report by business analyst IBISWorld says.

IBISWorld industry analyst Angela Kidson said the racing industry had experienced a loss of 9.3 % in revenue over the 2007/08 financial year.

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