Sky Racing World is an American broadcaster focusing on international horse-racing and greyhound racing. The company is a subsidiary enterprise of Tabcorp, which is an Australian leisure and entertainment company involved in betting and gambling. Sky Racing World has been operating since 2014, offering horse racing from Australia, New Zealand and South Africa to its customers. The company offers its services to over seventy US-based betting organizations, including NYRA Rewards, TVG, Xpressbet.com TwinSpires.com, and BetAmerica.com.
The company reported that the 2106 fiscal year ended on June 30, 2016 had shown incredible results. First of all, Sky Racing World managed to expand its activities and enter the betting markets of Argentina and South Africa.
As for the most popular content of the company, the representatives of Sky Racing World reported that Australian horse racing had been extremely in demand among punters of different countries. As a result, the company can boast a $215 million turnover. This result is 13% higher compared to the 2015 fiscal year. The Sydney Racing Carnival seems to be one of the fundamental meetings held by the US-based distributor of international horse racing content. The company succeeded in demonstrating a $1.4 million turnover on April 1, 2016. It was generated solely as a result of this event.
Such achievements of Sky Racing World can be explained by two various factors. Firstly, the horse racing season in Australia was extremely successful. Secondly, bookmakers in the United States offered quite good odds, so that punters could hope to win a lot by wagering on the races.
David Haslett, CEO of Sky Racing World, is really satisfied with the financial situation in the company this year. According to Mr. Haslett, the betting and horse racing markers keep growing in the United States. So, customers require the high-quality content provided by the company.
The higher revenue was also observed for the content from New Zealand. It increased by 42% compared to the 2015 fiscal year. Keep in mind that the company has just started to provide horse races from South Africa. This content generates revenues each day.