TOTE Tasmania Announces 2011 Melbourne Cup Sees Higher Turnover

Tasmanian punters came out in force for the 151st running of the Emirates Melbourne Cup wagering $3.9 million

Tasmanian Melbourne Cup punters came out in force for the 151st running of the Emirates Melbourne Cup wagering $3.9 million on the race.

TOTE Tasmania Chief Executive Officer Craig Coleman said the result was an increase of 3.4 per cent over the 2010 result and a new record for The TOTE.

International stayers had dominated betting leading in to the race which this year sported just three Australian bred horses. This time around French horse Dunedan outstayed Red Cadeaux in the closest finish in the Cup's history, with plunge horse Lucas Cranach third and last year's winner Americain rattling home for fourth.

Dunedan was a popular choice with punters after his impressive Geelong Cup win, paying $8.20 for the win and $3.10 for the place. The all international Trifecta of Dunedan, Red Cadeaux and Lucas Cranach paid $4,555.20 and the First 4 with Americain a big dividend of $21,593.20.

Mr Coleman said the record turnover had been achieved without a hitch thanks to the dedication of TOTE staff and the programme of system improvements made earlier in the year.

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About TOTE Tasmania
TOTE Tasmania Pty Ltd is a leader in the leisure and entertainment industry. Under its retail brand, The TOTE, it markets pari-mutuel or pool based products on thoroughbred, harness and greyhound racing, as well as sport and fixed odds products including Triwin and sports betting to its customers through the BETASPORT brand. This is done via a variety of channels, including the telephone, mobile, internet, on-course and through a network of over 130 hotel and retail outlets throughout Tasmania.

TOTE Tasmania is a registered company, incorporated by the Tasmanian Government.
Established in 1999 to replace the former Totalisator Agency Board, until 1 January 2009 the company was responsible for the administration of the Tasmanian racing and breeding industries and the provision of a range of wagering products across racing and sporting events under The TOTE brand.

Operating today solely as a wagering business, the governance and administration powers and functions of TOTE Tasmania have been assumed by Tasracing.

Media Contact:
Marnie O'Dwyer
The Tote
03 6239 4327
http://www.totetasmania.com.au/



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