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;
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.