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RQ releases 2022/23 Annual Report

29 September 2023

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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.