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Racing and Wagering Western Australia
Racing and Wagering Western Australia is a Government Body that generates the majority of its income from the Horse and Dog Racing industry. In 2023 the company generated total revenue of $553,558,000 including sales and other revenue. In 2023 Racing and Wagering Western Australia had 407 employees including employees from all subsidiaries under the company's control. The Chief Executive of Racing and Wagering Western Australia is Mr Ian Edwards whose official title is Chief Executive Officer. The Chairman of Racing and Wagering Western Australia is Ms Karen Farley whose official title is Chairman. The TAB Western Australia (Racing and Wagering WA) is a government owned trading enterprise, engaged in the operation that is responsible for the sustainable future of the Western Australia racing industry: Racing Hubs Harness Hub Thoroughbred Hub Greyhound HubIndustry Responsible Wagering Practices Legislation and Rules Monitoring SyndicationClubs & Events Race Clubs in Western Australia Nominations, Awards and Competitions SponsorsAnimal Welfare Industry Welfare
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What's included in this industry analysis
IBISWorld's research coverage on the Racing and Wagering Western Australia includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.
Company Details
What’s this enterprise profile about?
Racing and Wagering Western Australia, trading as Racing and Wagering Western Australia, operates under the ABN 21 347 055 603 and was incorporated on 01 August 2003. Racing and Wagering Western Australia primarily operates in the Horse and Dog Racing industry in Australia.
Key Personnel
What’s included in the Key Personnel chapter?
The Key Personnel chapter outlines the principal leadership positions within Racing and Wagering Western Australia, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.
Financials
What’s included in the Financials chapter?
The Financials chapter presents Racing and Wagering Western Australia’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.
Growth & Ratios
What’s included in the Growth & Rations chapter?
The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.
Operating Segments
What’s included in the Operating Segments chapter?
The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which Racing and Wagering Western Australia operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.
Competitor Benchmarking
What’s included in the Competitor Benchmarking chapter?
The Competitor Benchmarking chapter includes a comparative assessment of Racing and Wagering Western Australia’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.
Shareholders
What’s included in the Shareholders chapter?
The Shareholders chapter provides a breakdown of the ownership structure of Racing and Wagering Western Australia, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.
Subsidiaries
What’s included in the Subsidiaries chapter?
The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by Racing and Wagering Western Australia. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.
History
What’s included in the History chapter?
The History chapter presents a overview of Racing and Wagering Western Australia’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.
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Frequently Asked Questions
What is Racing and Wagering Western Australia?
The TAB Western Australia (Racing and Wagering WA) is a government owned trading enterprise, engaged in the operation that is responsible for the sustainable future of the Western Australia racing industry: Racing Hubs Harness Hub Thoroughbred Hub Greyhound HubIndustry Responsible Wagering Practices Legislation and Rules Monitoring SyndicationClubs & Events Race Clubs in Western Australia Nominations, Awards and Competitions SponsorsAnimal Welfare Industry Welfare
What industry does Racing and Wagering Western Australia operate in?
Racing and Wagering Western Australia, trading as Racing and Wagering Western Australia, is a Private Company that generates the majority of its income from the Horse and Dog Racing industry in Australia.
Where is Racing and Wagering Western Australia located?
Murray Cod Australia Limited company is based at 14 Hasler Road, Osborne park, Western Australia, Australia.
Who is the CEO of Racing and Wagering Western Australia?
The Chief Executive Officer of Racing and Wagering Western Australia is Karen Farley and the Chief Executive Officer is Ian Edwards.
What was Racing and Wagering Western Australia’s revenue in 2025?
In 2025, Racing and Wagering Western Australia generated total revenue of approximately $553.6 million.
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