Melbourne Cup Horse Race Still Loved by Billionaires

The video discusses the prize money and prestige of major horse racing events, highlighting the Melbourne Cup, Everest, and Saudi Cup. It also addresses controversies in the racing industry, including animal cruelty concerns and their impact on betting revenue, alongside new taxation challenges.

What is the total prize purse for the Melbourne Cup?

How does the prize money of the Melbourne Cup compare to the Everest event in Sydney?

What are some of the controversies surrounding the Melbourne Cup?

What impact has the rise in animal cruelty concerns had on the Melbourne Cup?

What factors have contributed to the decline in betting revenue for the Melbourne Cup?