Is Jumps Racing a Drain on Victorian Taxpayers? New Analysis Says Yes.
Victoria’s jumps racing scene is once again under the microscope, but this time, the focus isn’t solely on the welfare of the horses. A startling new analysis has revealed that the controversial sport is costing Victorian taxpayers a significant sum, rather than contributing to the state’s coffers.
The Animal Justice Party (AJP) has intensified its long-standing campaign to abolish jumps racing, now armed with compelling financial data. Their latest findings paint a clear picture: the sport is a substantial net drain on public funds.
According to the AJP’s in-depth analysis, jumps racing cost taxpayers a staggering $1.8 million more than it managed to generate in gambling revenue. This means that far from providing an economic benefit, the sport requires ongoing public subsidy just to operate.
This significant financial shortfall, coupled with persistent and widely documented concerns over horse welfare, adds considerable weight to the AJP’s fervent call for an immediate end to jumps racing in Victoria. As the debate continues, the critical question remains: should Victorian taxpayers be funding a sport that not only raises profound ethical questions but also operates at a substantial and demonstrable loss?
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