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Melbourne Cup Carnival Generates \$1 Billion Despite VRC Losses
The Victoria Racing Club (VRC) reported that the 2023 Melbourne Cup carnival generated \$1 billion for the national economy and \$500 million for Victoria, despite incurring \$70 million in losses over the past four years and receiving \$35 million in COVID-19 relief funds. The event attracted 68,89...
Melbourne Cup Carnival Generates \$1 Billion Despite VRC Losses
The Victoria Racing Club (VRC) reported that the 2023 Melbourne Cup carnival generated \$1 billion for the national economy and \$500 million for Victoria, despite incurring \$70 million in losses over the past four years and receiving \$35 million in COVID-19 relief funds. The event attracted 68,89...
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