Record wagering turnover on Cup carnival

Wagering turnover on the Melbourne Cup carnival has hit $600 million for the first time, an increase of 10 per cent.

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Racing Victoria said data from approved domestic wagering service providers showed total turnover for the four Flemington meetings was more than $657 million.

Hong Kong punters contributed $62.7 million in turnover on 17 races over the four days while Japanese punters bet $8.73 million on the Melbourne Cup.