Racing Victoria constitutional objectives of Racing Victoria include: Racing Victoria Racing Victoria Limited, as the governing principal racing authority, has responsibilities to develop, encourage, promote and manage the conduct of Thoroughbred horseracing in the State of Victoria, Australia. It assumed this responsibility, from the Victoria Racing Club, on 19 December 2001. It was established with the support of Country Racing Victoria, Melbourne Racing Club, Moonee Valley Racing Club, Victoria Racing Club, other racing industry bodies, and the Victorian State Government. Racing Victoria represents the Victorian Thoroughbred industry in dealings with bodies such as the Australian Racing Board, and is responsible for the
Horse racing not been active after 2012. Horse racing eventually returned to mainland China on year 2014 as one-day, five-card event for foreign horses, trainers and jockeys. The British tradition of horse racing left its mark with the creation of one of the most important entertainment and gambling institutions in Hong Kong. Established as the Royal Hong Kong Jockey Club in 1884, the non-profit organisation conducts nearly 700 races every season at the two race tracks in Happy Valley and Sha Tin. All horses are imported since there is no breeding operation. The sport annually draws millions of dollars of tax revenue.