TVN (Australian TV channel) TVN (Australian TV channel) TVN (Thoroughbred Vision) was an Australian thoroughbred horse-racing TV channel. It was carried on Foxtel, Austar and Optus TV, as well as other subscription TV services. The channel was set up by the Victorian thoroughbred racing industry and Sydney metropolitan racing clubs as an alternative to Sky Racing and as an attempt by the racing clubs concerned "to capture the valuable assets of racing media rights and leverage them to the benefit of racing". TVN was 50% owned by Victorian racings organisations Melbourne Racing Club, Victoria Racing Club, Moonee Valley Racing Club and Country Racing Victoria;
Betting on horse racing in duty and profits tax, an all-time high. Betting on horse racing Betting on horse racing or horse betting commonly occurs at many horse races. Gamblers can stake money on the final placement of the horses taking part in a race. Gambling on horses is, however, prohibited at some racetracks; one such is Springdale Race Course, home of the nationally renowned Toronto-Dominion Bank (TD Bank) Carolina Cup and Colonial Cup Steeplechase in Camden, South Carolina, where, because of a law passed in 1951, betting is illegal. Where gambling is allowed, most tracks offer parimutuel betting where gamblers' money is pooled