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- Revenue specific to Horse and Dog Racing Activities is not available, however, NZ’s lotteries and bookmaking operations as a whole is around $4b and is forecast to see a moderate increase over the next 5 years.
- In 2022/23 the New Zealand racing industry contributed a direct value-added contribution of almost $1.9 billion to the New Zealand economy.
- The Horse farming industries contribution to GDP is forecast to continue to increase, but Horse and dog racing is expected to continue to fall.
Footnotes
1. IBISWorld, “Lotteries and Bookmaking Operations in New Zealand,” Industry Report (New Zealand: IBISWorld (access is by subscription only), October 2022), https://www.ibisworld.com/.