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Melbourne Cup

Yesterday

Joe McGrath, Keeper of the Cup and Victoria Racing Club Ambassador-at-large.

‘The fewer people who know what you’re doing, the better’

Joe McGrath spent 150 days on the road this year touring with the $600k Melbourne Cup. The key, he says, is knowing when to keep a low profile and when to wax lyrical.

  • Gus McCubbing
Celebrity chef Curtis Stone will be cooking up a storm at his Michelin-starred LA restaurant pop-up Gwen.

The hottest invitation at the Cup – especially if you’re a foodie

The premier party zone at Flemington Racecourse is shaping up to be more Melbourne than ever – with a pop-up of Curtis Stone’s LA restaurant thrown in for good measure.

  • Necia Wilden

This Month

Liam O’Keeffe VRC Senior Track Manager on the track at Flemington racecourse.

Is this the toughest job in the Victoria Racing Club?

Forget the horses. Punters need track manager Liam O’Keeffe to deliver for them, too. And while he does his best, some things are simply beyond his control.

  • Hannah Tattersall
Nathan Cleary of the Panthers celebrates with teammates after scoring the match-winning try.

Bookmaker asks for more time to process largest gambling payout ever

After the Pies and Panthers victories in the AFL and NRL over the weekend, online bookmaker Betr has begun the largest payout in sports gambling history.

  • Updated
  • Mark Di Stefano and Sam Buckingham-Jones

September

Brian To’o helped the Panthers to a fourth straight grand final.

Bookmaker faces largest payout in sports gambling history

Sunday might be payday for tens of thousands of gamblers who have been sitting on potentially lucrative 100-1 bets on the Panthers for almost a year.

  • Mark Di Stefano and Sam Buckingham-Jones
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Gold Trip winning last year’s Melbourne Cup. The incumbent broadcaster Network Ten isn’t bidding for the rights.

Nine alone in Melbourne Cup rights race after Seven withdraws

Seven West Media boss James Warburton told Tabcorp and the Victoria Racing Club the network would pull out of the Melbourne Cup bidding.

  • Sam Buckingham-Jones and Zoe Samios

June

The Melbourne Cup is likely to end up with Tabcorp, but is dependent on how the money it can make from sublicensing the rights to a television network.

Network Ten quits race to broadcast Melbourne Cup from next year

The Paramount-owned broadcaster has aired the race for the last five years. Its exit leaves Nine Entertainment and Seven West Media competing for the rights.

  • Zoe Samios
Television networks are interested in the Melbourne Cup carnival, but it will all come down to price.

Melbourne Cup broadcast attracts low offers as Tabcorp plays hardball

Sources say the wagering group wants a 50 per cent share of all advertisements during the four-day carnival, while race organisers want to control commentary.

  • Zoe Samios

April

Betr sidestepped disaster when Gold Trip won last year’s Melbourne Cup.

News Corp’s Betr slapped with fine for 100-1 odds campaign

The fine from the NSW gambling regulator comes as questions are being raised about the future of the online bookmaker.

  • Mark Di Stefano

January

Former Healthscope and Spotless executive Bruce Dixon hopes his latest business venture, Macedon Lodge, will house a future Melbourne Cup winner.

Pub baron Bruce Dixon chances his hand in the thoroughbred game

The former Healthscope and Spotless executive hopes to house a future Melbourne Cup winner at Macedon Lodge after buying it from Lloyd Williams.

  • Gus McCubbing

November 2022

Renowned Melbourne chef Guy Grossi: “It was as big as ever but probably stronger ... it was actually quite exciting.”

Cup doesn’t bubble over for Melbourne restaurants as rates bite

Customers are still prepared to pay stiff prices for Cristal and caviar, but rising interest rates mean they more discerning than ever.

  • Samantha Hutchinson
Winning jockey Mark Zahra with the Melbourne Cup.

Cup winners: start-up bookie Betr shares Flemington spotlight

Gold Trip won the race, but the story of the day was a business one.

  • The AFR View

Flemington flooded by Cup Day desperados

It’s the race that stops the nation – only if misplaced baggage didn’t derail it in the first place.

  • Samantha Hutchinson, Edmund Tadros and Michael Roddan
Race 7 the Melbourne Cup - Mark Zahra celebrates after winning on Gold Trip at Flemington.

How the team behind bookie Betr won the Melbourne Cup twice

Few people had more riding on the race than bookmakers Matthew Tripp and Todd Buckingham. Both emerged triumphant – in very different ways.

  • James Thomson
Shares rallied on Cup Day.

Shares rally as RBA keeps steady tightening pace

The S&P/ASX 200 Index rallied 1.7 per cent to 6976.9. Fortescue raced 5.4 per cent higher to $15.50 and EML 30 per cent to 53¢.

  • Vesna Poljak
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Back to the drawing board for Macquarie (and Chanticleer)

Gold Trip wins, followed by Emissary and High Emocean; Not a good day for Macquarie’s quants or Chanticleer; polar blast and hail didn’t deter the punters (and the politicians). See how the race unfolded here.

  • Updated
  • Andrew Hobbs and James Thomson
Aerial view of Cinelandia District in downtown Rio de Janeiro as supporters of newly elected president of Brazil  Luiz Inácio Lula da Silva celebrate his victory in the runoff against Bolsonaro  on October 30, 2022 in Rio de Janeiro, Brazil. Brazil electoral authority announced that da Silva defeated incumbent Bolsonaro and will rule the country from 2023 to 2027.

Burke stares down miners IR campaign threat

Workplace Relations Minister Tony Burke says a $20 million ad campaign won’t stop his IR bill push; Treasurer Jim Chalmers says inflation is the biggest challenge; Follow updates here.

  • Updated
  • Georgie Moore and David Marin-Guzman

How a bookie became the big story of the Melbourne Cup

Start-up bookie Betr became the hot topic of the racing industry thanks to a risky marketing play designed to help it break into a lucrative sector.

  • James Thomson

October 2022

Kerrin McEvoy rides Deauville Legend during track work.

Favourite hard to beat in this year’s Melbourne Cup: Mac Quant

Macquarie’s quant team beefs up quality factors for this year’s Cup, and is worried about the weather.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
Betr chief executive Matthew Tripp.

Betr’s 100-to-1 odds promotion forces it to hedge bets with Tabcorp

The News Corp-backed bookmaker is aiming to cover huge potential losses that might arise from the start-up’s aggressive Melbourne Cup marketing.

  • Mark Di Stefano and Anthony Macdonald