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 in Wales off-course betting. 1926 saw the opening of Chepstow Racecourse at St Arvans, and although remaining on the margins of British horseracing until the opening of the Severn Bridge in 1966, it is now the country's premier course. Chepstow holds the Welsh National, which is held annually between Christmas and New Year. Due to the growth of other leisure activities and the cost of keeping and breeding horse, flat and national hunt racing went into long-term decline in Wales from the middle of the 19th century. From the middle of the 20th century most of the country's racecourses had closed. Today