New Zealand Thoroughbred Racing has embraced a report revealing the industry contributes over a billion dollars to the economy.
In last year's season, almost 10,000 people worked in the industry - and race attendance was at under half a million.
Chief executive Bruce Sharrock says the company has been experiencing rapid growth over the last 6 to 8 months.
"There's certainly some green shoots appearing for continued growth, that's for sure."
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