After more than a century, racing in the province faced oblivion due to massive debts with the pandemic lockdown and an attempted tax grab by government compounding the woes.
KZN has just staged a successful traditional winter season, with the iconic Durban July and other famous race meetings drawing huge crowds and record betting turnovers.
Nonetheless, Gold Circle made a loss of R80 million last year and was expected to lose R100 million in this term.
This story is from the August 01, 2024 edition of The Citizen.
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This story is from the August 01, 2024 edition of The Citizen.
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