Melbourne Racing Club Reports $17.3 Million Loss for 2024/25 Year
The Melbourne Racing Club (MRC), owner of the Caulfield, Sandown and Mornington race clubs, has reported an alarming annual loss of $17.3 million for the 2024/25 financial year. The loss comes despite the club having drawn down an additional $24.2 million from its $200 million line of credit with the bank, leaving the MRC owning […]