Time to sell up, move to Queensland, and buy greyhounds!

[Deep Sooth]

Qld Greyhound Racing Records Booming Profit

29 September 2025
QUEENSLAND greyhound racing continues to flourish, outperforming the other two racing codes once again to post a significant annual profit.

The code produced for Racing Queensland a 2024-25 profit of $54 million, as opposed to thoroughbred racing's loss of $16 million and harness racing's loss of $5.7 million.

Racing Queensland released its 2024-25 annual report late on Friday.

Greyhound racing has now produced a profit every year for the past decade.

That 10-year profit totals $186 million.

In 2024-25, thoroughbred racing in Queensland saw a TAB club's profit of $15 million but this was offset by non-TAB racing's loss of $31.7 million.

In the past 10 years, harness racing has lost $53 million and thoroughbred racing a 10-year loss of $35 million.

The state government, for a number of years, had provided regional thoroughbred club prizemoney.

Race field revenue for greyhound racing was $26 million. Direct betting tax turnover was $51 million.

Total revenue for greyhound racing was $123 million as opposed to thoroughbred racing revenue of $288 million and harness racing revenue of $43 million.

Prize money levels for the three codes does not align with the profit/loss performance of those codes.

Thoroughbred racing lost $16 million and yet received prizemoney of $168 million, harness racing's loss of $5.7 million was on prizemoney of $29.6 million, while greyhound racing earned a profit of $54.5 million and yet received $43.6 million prizemoney.

Turnover on thoroughbred racing during the year was $3.6 billion, while $1.4 billion was wagered on greyhound racing and $572 million on harness racing.

Article copied from greyhoundrecorder.com.au

[meomy]

Interesting thank you.

 

Have these figures come about due to those in governance roles and how they have or haven't promoted each industry?

And chaos with tracks that traditionally were stable places to attend the races?

It's great to see people embracing the Love of Dogs.

Good on them.

 

How many over there have a Greyhound as a Pet?

 

It would be a useful piece of information to obtain from Council's across the lands 

[Palliser]

Yep dogs definitely finished here. They only have themselves to blame, to soft and those few bad apples that have ruined it for everyone else should have been kicked out years ago.

 

[Peter R S]

Interesting report, given the decision to remove greyhounds from NZ racing.

Animal welfare, or let’s conspire so the horses don’t have to keep sharing the pot with the dogs!

I’m not normally a conspiracy theorist but I smell a hidden agenda. Watch out Queensland dogs.

[Palliser]

I see the Craiks are still putting new litters on the Track.

I suspect they may move over the ditch when the time is right. A well respected and top notch team, so whatever they decide I hope everything goes well for them. It is these people I feel for. They have been badly let down by NZGRA 

[Jake]

On 10/5/2025 at 7:30 PM, Palliser said:

I see the Craiks are still putting new litters on the Track.

I suspect they may move over the ditch when the time is right. A well respected and top notch team, so whatever they decide I hope everything goes well for them. It is these people I feel for. They have been badly let down by NZGRA 

They were probably breeding right up until the anouncement. I know of a few other trainers who had bitches just go into whelp when the anouncement was made