Australians still betting big on Melbourne Cup, despite many saying they’re losing interest in race

The GuardianMonday, November 3, 2025 at 2:00:40 PM
Australians still betting big on Melbourne Cup, despite many saying they’re losing interest in race
Despite a growing sentiment of disinterest in horse racing, Australians continue to place significant bets on the Melbourne Cup. This trend is noteworthy as it contrasts with the overall decline in money spent on horse racing due to rising cost-of-living pressures and increased regulation. The Melbourne Cup remains a cultural staple, but the changing attitudes towards betting could signal a shift in how Australians engage with this iconic event.
— Curated by the World Pulse Now AI Editorial System

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