Horse racing in Ireland industry go from strength to strength. The Irish horse racing industry is today worth €1 billion per annum, employs over 14,000 people, and is a major player on the international scene. In Ireland, the Flat racing season runs from mid-March to mid-November, and comprises races started from stalls, run over 5 to 20 furlongs. These races are held at 23 racecourses, of which 3 run only Flat. National Hunt racing, or Jump racing, is run year-round in Ireland, but the main season takes place from November until the end of April, coinciding with the lull of the flat racing season.
Melbourne Cup placed a bet on the race that year. In 2010 it was predicted that $183 million would be spent by 83,000 tourists during the Spring Racing Carnival. In New Zealand, the Melbourne Cup is the country's single biggest betting event, with carnival race-days held at several of the country's top tracks showing the cup live on big screens. It is commonly billed as "The race that stops a nation", but it is more accurately "The race that stops two nations", as many people in New Zealand, as well as Australia, pause to watch the race. Melbourne Cup The Melbourne Cup