RQ releases 2022/23 Annual Report

Racing Queensland has published its 2022/23 Annual Report.

Earlier this week, the RQ Annual Report was tabled in Parliament. Highlights include:

• Revenue once again reaching record levels, growing to $488.3 million, allowing a $34.8 million consolidated profit versus a $0.5 million loss in FY22;
• Record-breaking returns to participants, reaching $370.4 million – up 24% from FY22;
• Turnover on Queensland product remaining consistent with FY22 at $6.7 billion (-1%); and
• Queensland racing’s market share across the three codes rising to 17.2% – up 4.2% from 16.5% in FY22.

Click here to view the 2022/23 RQ Annual Report.