Tabcorp has invited commercial television networks to express an interest in purchasing the domestic broadcast rights for the Melbourne Cup. The ASX-listed gambling group has asserted that it expects the deal could generate up to AU$100m (£53,171,300) over five years. Tapcorp already owns the international broadcasting rights to the thoroughbred event, and has now been granted permission by the Victoria …
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Australia geared for “the race that stops a nation”
A crowd of 100,000 people are expected to descend on Flemington Racecourse on Tuesday for the 2017 Melbourne Cup. ‘The race that stops a nation’ is the most prosperous handicap race in the world, with prize money of $6.2m available this year, and a rich history dating back over 150 years. Ahead of the race, at 4am tomorrow (Tuesday 7th November) …
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