Victoria could save nearly $500m over 10 years by scrapping greyhound racing, estimates show

Exclusive: Parliamentary Budget Office analysis shows any loss of revenue from betting would be offset by lower government spendingGet our breaking news email, free app or daily news podcastThe Victorian government could save almost half a billion dollars if it follows Tasmania in phasing out greyhound racing in the state, according to independent analysis.A policy costing by the Parliamentary Budget Office (PBO), to be released on Thursday, estimates the government would save $451.6m between 2025–26 and 2035–36 if it stopped subsidising greyhound racing and closed the industry. Continue reading...

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