Editing Spring Racing Carnival (section)

==Economic impact==
The Spring Racing Carnival is a major contributor to the Victorian economy. According to a study conducted by market research company IER, the 2022 Spring Racing Carnival was estimated to have delivered $422.1 million in gross economic benefit to Victoria in 2022, with the Spring Racing Carnival contributing more than $3.6 billion in gross economic benefit to Victoria in the past decade, almost $1 billion more than the Australian Open tennis reported for the same period.<ref>{{cite web |title=MELBOURNE CUP CARNIVAL REMAINS THE BIGGEST ECONOMIC GENERATOR IN AUSTRALIAN SPORT |url=https://www.sen.com.au/news/2023/02/28/melbourne-cup-carnival-remains-the-biggest-economic-generator-in-australian/ |website=SEN |access-date=2 April 2023}}</ref><ref>{{cite web |last1=Rolfe |first1=Peter |title=Melbourne Cup carnival tops the list of financial generators, delivering $3.6bn for Vic economy |url=https://www.heraldsun.com.au/sport/melbourne-cup-carnival-tops-the-list-of-financial-generators-delivering-36bn-for-vic-economy/news-story/a9778bb43bb2aa2f041a7c3994565dcd |website=Herald Sun |publisher=News Corp |access-date=2 April 2023}}</ref><ref>{{cite web |title=Melbourne Cup Carnival remains the biggest economic generator in Australian sport |url=https://www.vrc.com.au/latest-news/melbourne-cup-carnival-remains-the-biggest-economic-generator-in-australian-sport/ |publisher=Victorian Racing Club |access-date=2 April 2023}}</ref> 

The 2017 Spring Racing Carnival injected $444.5 million into the Victorian economy, and created jobs for more than 20,000 staff and contractors, in addition to providing boosts to the retail and hospitality sectors.<ref>{{cite web |title=Melbourne Cup Carnival Keeps Victoria Ahead Of The Pack |url=https://www.premier.vic.gov.au/melbourne-cup-carnival-keeps-victoria-ahead-of-the-pack-0 |website=Premier of Victoria |access-date=2 April 2023}}</ref> 

The 2018 Spring Racing Carnival provided an economic return to the state of $447.6 million, with the event also directly employing more than 21,000 staff and contractors who worked for more than 800 companies in the lead-up and during the event.<ref>{{cite web |title=Melbourne Cup Carnival generates record economic return for Victoria |url=https://djsir.vic.gov.au/about-us/news/melbourne-cup-carnival-generates-record-economic-return-for-victoria |publisher=Department of Jobs, Skills, Industry and Regions |access-date=2 April 2023}}</ref>

The 2019 Spring Racing Carnival has been credited with injecting US$196.2 million directly into the Victorian economy; when considering total spending by all attendees at the Spring Racing Carnival, the event generated a gross economic benefit of US$521.8 million.<ref>{{cite web |title=VICTORIAN SPRING RACING CARNIVAL - MAJOR RACING EVENTS AND TOURISM |url=https://assets.website-files.com/5fbb9d76da2197061d07b175/601e0c7052c60d5705cb982d_C1%20Victoria%20Spring%20Carnival%20(HR).pdf |website=ASIAN RACING FEDERATION JURISDICTIONS – AN ECONOMIC AND SOCIAL IMPACT ASSESSMENT |access-date=2 April 2023}}</ref>