Mysore Race Club

What Mysore Race Club does

Mysore Race Club Limited is a privately held, membership-based horse racing organization founded in 1891 in Mysore, Karnataka, by H.H. Sri Chamaraja Wadiyar. The club organizes horse racing events on its grass track (approximately 2000 meters with a 500-meter straight) and an outer sand training track, with multiple racing seasons per year including the flagship Mysore Derby. It serves racing patrons, 250 elected members, horse owners, 36 registered trainers, and 71 jockeys, and operates a tote (totalisator) betting system displaying WIN, PLACE, SHP, THP, Q, F, and T dividends in real time.

The club runs a comprehensive online platform (mysoreraceclub.com) providing race calendars, results, ratings, handicaps, declarations, racecards, video replays, and statistical modules covering tote favourite performance, draw analysis, and trainer/jockey metrics. A Rs. 1000-per-race-day Live Race View subscription enables remote streaming, and the venue itself offers grandstand and clubhouse facilities including a multi-cuisine restaurant and guest rooms. Marketing is conducted through social media, the Punter Mailer newsletter, and earned media coverage.

Revenue is generated through three principal streams: tote betting commissions on race-day wagering (with Rs. 2.48 crore in stakes distributed during Summer 2026), subscription fees from the live race streaming service, and membership fees from the 250-member base. The club is governed by an annually elected committee of stewards, currently chaired by Mr. K.T. Balakrishna, IPS (Retired), with Mr. N.H.S. Mani serving as Secretary and CEO. The club is currently expanding capacity via construction of approximately 800 new stables and is investing in digital patron acquisition channels.

Name

Mysore Race Club

Legal name

Mysore Race Club Limited

Website

https://mysoreraceclub.com

Company type

Private

Founded year

1891

Operating status

Operating

Headcount range

11–50 employees

Short description

Mysore Race Club Limited, founded in 1891 in Mysore, India, organizes horse racing events with tote betting, operates a live race streaming subscription (Rs. 1000 per race day), and serves a 250-member club alongside owners, trainers, and jockeys.

Ownership category

akta.pro rank

Product category

Horse Racing Operations

NAICS

Racetracks (711212), Promoters of Performing Arts, Sports, and Similar Events with Facilities (711310)

SIC

Services-Racing, Including Track Operation (7948), Services-Membership Sports & Recreation Clubs (7997)

akta.pro primary industry

Racetrack & Race Meeting Operations (MPAEADAA)

akta.pro secondary industry

Training, Stables & Equine Services (MPAEADAI)

Keywords

• Horse racing events
• Tote betting services
• Racecourse operations
• Live race streaming
• Equestrian sports management

Headquarters

HQ city

Mysore

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Live Streaming Subscriptions: Patrons pay Rs. 1000 per race day to access live streaming of Mysore races through the club's website. Full refund if racing is abandoned before the first race, or subscription carried over to the next race day.
2. Race Day Admissions and Wagering: Revenue generated from on-course admissions and tote betting commissions from racing patrons attending live races. Stakes totaling Rs. 2,48,48,148 were distributed during Summer 2026 season.
3. Membership Fees: Club has 250 members who are elected annually through secret ballot against vacancies. Members receive access to the refurbished grandstand and clubhouse facilities including guest rooms and multi-cuisine restaurant.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Mysore Race Club organizes and operates horse racing events at the Mysore Race Course, conducting multiple racing seasons annually (summer, monsoon, winter) with around 11 race days per season. The club runs a tote (totalisator) betting system with real-time dividend display, manages race programming including handicaps and declarations, and offers a paid live streaming subscription (Rs. 1000 per race day) for remote patrons. It also maintains a 250-member private club with grandstand and clubhouse facilities.

Product overview

Mysore Race Club operates as a horse racing organization offering a comprehensive online platform for race viewing, information dissemination, and betting-related services. The core offering consists of live race streaming subscriptions (Rs. 1000 per race day), an online portal providing race results, statistics, handicaps, and racing information, along with video replay archives. The platform serves racing patrons, owners, trainers, and jockeys with tools for tracking performance, viewing records, and accessing racing documentation.

Differentiator

Problem solved

Functional benefit

Products and services

• Live Race View Subscription

Quantifiable outcome

• Rs. 2,48,48,148 in total stakes distributed to owners, trainers, and jockeys during Summer 2026 season
• +2 more outcomes

Named customers4 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

Feature3 records

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Racing Victoria: Australian racing industry body managing thoroughbred racing, wagering integrity, and race club operations across Victoria. Comparable to Mysore Race Club as a horse racing industry steward and race meeting operator, though at a national-scale level with different regulatory and media dynamics.
• The Hong Kong Jockey Club: World's largest horse racing operator running tote wagering, broadcast/streaming, and a multi-billion-dollar racing and lottery business. While not a direct competitor in India, it is the global benchmark for the horse racing and tote business model Mysore Race Club operates.
• The Jockey Club (UK): UK's largest commercial horse racing group operating 15 racecourses, the National Stud, and major heritage racing events. Comparable to Mysore Race Club as a racecourse operator with a heritage identity, though at vastly greater scale and serving a different regulatory market.

Direct peers

• Calcutta Turf Club: Historic Indian horse racing club operating tote-based wagering, trainer/jockey registration, and seasonal race days. Comparable to Mysore Race Club in business model and regulatory environment, with a similarly long heritage.
• Bangalore Turf Club: One of India's premier horse racing clubs operating a major turf course in Karnataka. Highly comparable to Mysore Race Club as a direct regional competitor with tote betting, race day programming, trainer/jockey registration, and a similar Indian racing audience.
• Madras Race Club: Chennai-based horse racing club with a long heritage, operating tote wagering, trainer/jockey communities, and seasonal race meetings. Direct peer serving the same South Indian racing ecosystem and customer base as Mysore Race Club.
• Royal Western India Turf Club (RWITC): Mumbai-based horse racing club running major Indian racing fixtures including the Indian Derby. Direct peer operating the same tote betting model, trainer/jockey registration, and stakes distribution framework as Mysore Race Club, but at substantially greater scale.
• Delhi Race Club: North Indian horse racing venue running seasonal race meetings with tote wagering and trainer/jockey participation. Direct peer operating the same regulatory and operational model as Mysore Race Club, though serving a different regional market.
• Hyderabad Race Club: South Indian horse racing club operating tote betting, seasonal fixtures, and a member-based governance model. Comparable to Mysore Race Club in operating format, regional patron base, and trainer/jockey community structure.

Regional players

• Kerala Race Club: Regional Indian racing club operating in Kerala with tote betting and seasonal fixtures. Comparable to Mysore Race Club in format but primarily serves a different South Indian geography with limited overlap in trainer/jockey communities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/mysoreraceclub
• Facebookfacebook.com/profile.php?id=100013330235289
• Instagraminstagram.com/mysoreraces

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

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 Mysore Race Club