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It's a huge day for the Thoroughbred Racing industry.
Today is a history making day for Thoroughbred Racing in New Zealand.
Auckland Thoroughbred Racing CEO Paul Wilcox tells D'Arcy Waldegrave today's racing is the richest sporting event in New Zealand, with $9 million in stakes on offer.
This is going to benefit the industry as a whole, which I think is great because people have seen through with their glasses, their parochialism for their own clubs, and they understand how good it is for the industry," he said.
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