Racing NSW

What Racing NSW does

Racing NSW (legal entity Racing New South Wales Limited) is the statutory regulator and governing body for thoroughbred horse racing in New South Wales, Australia, established under the Thoroughbred Racing Act 1996 and headquartered at Level 7, 5 Olympic Drive, Sydney Olympic Park, with 501-1000 employees. It licenses and oversees more than 60 race clubs across metropolitan (Royal Randwick, Rosehill), provincial, and country venues, regulates trainers, jockeys, stablehands, and horse owners, and administers the Rules of Racing, stewards' disciplinary processes, and equine welfare standards. Its operational scope includes a portfolio of flagship events (The Everest with $15 million in prizemoney, The Championships, The Kosciuszko, The Golden Eagle, The Big Dance), incentive schemes such as BOBS and the Rising Star Series, and mandatory welfare contributions of 1.5% to the Equine Welfare Fund and 1% to the Jockeys Welfare Fund from race prizemoney.

The organization's technology stack centers on digital racing platforms rather than AI: a Race Field Information System for distributing fields, scratchings, and results to wagering operators; a Stakes Payment System for prizemoney disbursement; a Stewards Reporting System for disciplinary matters; and iOS/Android mobile applications. Data is distributed via XML/CSV exports and PDF steward reports, with no public API, SDK, or MCP exposure. No AI/ML capabilities are evidenced.

Racing NSW's business model is anchored on licensing and royalty revenue streams rather than discretionary consumer spending. It collects licensing fees from bookmakers and betting operators, race field copyright royalties under Race Fields Legislation, and licensing fees from industry participants. Sponsorship and naming rights (e.g., the Sportsbet Sydney Sprint Series) supplement this, and event-based prizemoney outlays scale with race class and meeting type (e.g., Country Showcase meetings at minimum $30,000 per race). A March 2026 NSW Supreme Court ruling clarified that its statutory powers are confined to on-track racing matters, a decision Racing NSW has signaled it will appeal.

Name

Racing NSW

Legal name

Racing New South Wales Limited

Website

https://racingnsw.com.au

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Racing NSW is the statutory regulator for thoroughbred racing in New South Wales, licensing and overseeing 60+ metropolitan, provincial, and country race clubs, trainers, jockeys, owners, and wagering operators, and operating flagship events such as The Everest, The Championships, The Kosciuszko, The Golden Eagle, and The Big Dance.

Ownership category

akta.pro rank

Product category

Thoroughbred Racing Regulation

NAICS

Racetracks (711212), Spectator Sports (71121), Gambling Industries (7132), Promoters of Performing Arts, Sports, and Similar Events with Facilities (711310)

SIC

Services-Racing, Including Track Operation (7948)

akta.pro primary industry

Racing Associations, Governance & Integrity Services (MPAEADAL)

akta.pro secondary industries

Racetrack & Race Meeting Operations (MPAEADAA), Racecourse Hospitality, Sponsorship & On-Track Experiences (MPAEADAM)

Keywords

• Thoroughbred racing regulation
• Race field licensing
• Prizemoney distribution
• Wagering information services
• Participant licensing

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Race Fields Legislation: Revenue generated from wagering operators licensing fees and race field information distribution under the Race Fields Legislation framework
2. Licensing and Betting: Licensing fees from bookmakers, betting operators, and industry participants including trainers, jockeys, and stablehands
3. Race Field Copyright: Copyright licensing for race field information provided to wagering operators and media outlets

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Racing NSW is the statutory regulator for thoroughbred racing in New South Wales, exercising authority over race clubs, licensed trainers, jockeys, and horse owners under the Thoroughbred Racing Act 1996. It programs and operates flagship racing events and carnivals (The Everest, The Championships, The Kosciuszko, The Golden Eagle, The Big Dance), distributes prizemoney and welfare funding, and licenses wagering operators to use its race field information. It also runs a Subscribe to Tips subscription, the Racing NSW magazine, mobile apps, and digital race-information services.

Product overview

Racing NSW operates as the regulatory body for thoroughbred racing in New South Wales, managing a portfolio of flagship racing events (The Everest, The Championships, The Kosciuszko, The Golden Eagle, The Big Dance), country and picnic racing series, and incentive programs (BOBS, Sportsbet Bonus Series). The organization provides digital platforms including mobile apps, race information portals, and subscription services for tips and content. The racing calendar spans metropolitan, provincial, and country race clubs across NSW.

Differentiator

Problem solved

Functional benefit

Brands

• The Everest: Premium racing event with significant prizemoney
• The Championships
• The Kosciuszko
• The Golden Eagle
• The Big Dance
• BOBS

Products and services

• The Everest Racing NSW's premier sprint racing event held at Royal Randwick Racecourse, featuring slot-based participation and multi-million dollar prizemoney, marketed as the world's richest turf race.
• The Championships Two-day elite racing carnival held at Royal Randwick featuring major group races and championship events for NSW thoroughbred racing.
• The Kosciuszko An all-NSW eligible sprint race conducted during the Everest Carnival at Royal Randwick, with connections of eligible horses competing for a share of the prizemoney.
• The Golden Eagle Four-year-old championship feature race held at Rosehill Gardens offering significant prizemoney for eligible NSW and Australasian-trained horses.
• The Big Dance Big Dance eligibility program with Country Showcase meetings offering pathways to the feature Big Dance race for country-trained horses across NSW.
• NSW Picnic Champion Series Picnic racing series conducted across NSW country race clubs, featuring a pointscore leaderboard and an annual final at Dubbo.
• Country Showcase Meetings Country racing meetings staged at various NSW courses offering a minimum of A$30,000 prizemoney per race and Big Dance eligibility; the program was expanded by approximately 50% in recent years.
• Sportsbet Sydney Sprint Series Sportsbet Bonus Series run during the NSW Spring/Everest Carnival across seven nominated sprint races, distributing a A$2 million bonus prize pool.
• BOBS (Breeders Own Bonus Scheme) Ownership incentive scheme paying bonuses to owners of eligible horses (including a Silver Bonus for 2YO and 3YO horses) when they win at NSW race meetings.
• Rising Star Series Apprentice jockey development series operated by Racing NSW that recognises emerging riding talent through awards and a points-based competition across NSW race meetings.
• Racing NSW Mobile Apps iOS and Android applications providing on-the-go access to NSW race fields, results, scratchings, form, and live streaming for racing participants and the public.
• Subscribe To Tips Paid subscription service distributing racing tips and form analysis to subscribers for NSW thoroughbred racing meetings.
• NSW Race Diary & Information Portal Comprehensive online portal providing NSW race meeting schedules, results, scratchings, trainers' calendars, race fields, stewards' reports, and seven-day track updates across metropolitan, provincial, and country racing.
• Stakes Payment System Online platform administering prizemoney and stablehands 2% payments to trainers, jockeys, and stablehands for NSW thoroughbred race meetings.
• Race Field Information Licensing Licensing and copyright framework under the Race Fields Legislation through which Racing NSW licenses NSW race field information to wagering operators (corporate bookmakers and totalisator agencies) for use in wagering markets.

Quantifiable outcome

• Racing NSW successfully regulated racing during COVID-19 with operational roadmaps and participant support

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• SportsbetcoreGTM or Marketing Partner · 1 January 2025Sportsbet is the naming sponsor of the Sportsbet Bonus Series during the Sydney Everest Carnival, including the Sportsbet Bet With Mates Bonus ($2 million pool) and Sportsbet Multi Bonus. The partnership provides significant prizemoney incentives for participants in seven nominated sprint races.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Racing Victoria: Racing Victoria is the statutory governing body for thoroughbred racing in Victoria, Australia. It is the most direct functional peer to Racing NSW, performing the same regulatory, licensing, race programming and prizemoney distribution roles within its own state jurisdiction.
• Racing Queensland: Racing Queensland is the statutory authority overseeing thoroughbred racing in Queensland. It mirrors Racing NSW's regulatory and event-organization functions for another Australian state, with a comparable mix of race field licensing, flagship events and digital content delivery.
• Racing and Wagering Western Australia: Racing and Wagering Western Australia is the state-controlled body that regulates and promotes thoroughbred racing in Western Australia. It is comparable to Racing NSW because it combines regulatory oversight with event promotion and race field content distribution for wagering.
• Tasracing: Tasracing is the Tasmanian statutory authority responsible for regulating racing and distributing race field information. It is a direct functional peer at smaller scale, performing the same regulatory and content-licensing role as Racing NSW within its state jurisdiction.
• British Horseracing Authority: The British Horseracing Authority is the regulatory and governing body for thoroughbred horse racing in Great Britain. It is directly comparable to Racing NSW as a national/jurisdiction-level regulator handling licensing, race programming, stewarding and integrity functions for an entire racing jurisdiction.

Broad incumbents

• The Hong Kong Jockey Club: The Hong Kong Jockey Club is a large, integrated racing, wagering and慈善 operator that combines racing governance, venue ownership and wagering operations. It is comparable to Racing NSW as a regulator and event organizer, but operates on a much larger scale and across the full racing-to-wagering value chain.

Others

• Australian Turf Club: The Australian Turf Club operates Royal Randwick and Rosehill Gardens, the major metropolitan race venues in NSW. It is comparable to Racing NSW as a participant in the NSW racing ecosystem but operates race clubs rather than regulating them, and was recently involved in a Supreme Court dispute with Racing NSW.
• Tabcorp: Tabcorp operates the TAB totalisator and wagering services in Australia and is a major licensee of Racing NSW's race field information. It is an ecosystem participant and customer of Racing NSW's race field copyright, making it relevant for revenue dependency analysis rather than direct competitive overlap.

Regional players

• New York Racing Association: The New York Racing Association operates major US thoroughbred racetracks (Belmont, Saratoga, Aqueduct) and hosts flagship races including the Belmont Stakes. It is a regional peer in a different geography but shares Racing NSW's mix of racetrack operations, flagship event branding and stakes administration.
• France Galop: France Galop is the governing body for flat and obstacle thoroughbred racing in France, regulating race meetings, licensing participants and managing flagship events such as the Prix de l'Arc de Triomphe. It performs a directly analogous regulatory function to Racing NSW at a national level in a different geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/racing_nsw
• YouTubetwitter.com/RNSWStewards

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Racing NSW