RVL meaning in Sports ?

Sports Miscellaneous in Sports . 2 years ago

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What is Racing Victoria Limited mean?

Racing Victoria Limited, as the governing principal racing authority, has responsibilities to develop, encourage, promote and manage the conduct of Thoroughbred horseracing in the State of Victoria, Australia. It assumed this responsibility, from the Victoria Racing Club, on 19 December 2001.

It was established with the support of Country Racing Victoria, Melbourne Racing Club, Moonee Valley Racing Club, Victoria Racing Club, other racing industry bodies, and the Victorian State Government.

Racing Victoria represents the Victorian Thoroughbred industry in dealings with bodies such as the Australian Racing Board, and is responsible for the marketing of Victorian Thoroughbred racing.

The constitutional objectives of Racing Victoria include:

Ensuring that race meetings are managed and conducted to the highest integrity.Management of revenues, costs, assets and liabilities to optimise economic benefits for Victoria.Meeting its social obligations by encouraging responsible wagering and gaming.Exercising its powers to ensure public confidence and independence from any improper external influence. reference

Posted on 26 Apr 2022, this text provides information on Sports related to Miscellaneous in Sports. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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