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The four-day carnival at Flemington is expected to be worth $286.5 million this year, with the biggest winner being the tourism industry.
But industry analysts IBISWorld say the 12.6 per cent increase in revenues will be largely due to tourists spending their money away from isabel marant store the track.
IBISWorld general manager (Australia) Robert Bryant said $183.8 million was expected to be spent on tourism this year - up 18.6 per cent - including on flights, accommodation, shopping and sightseeing.
"Bookmakers, betting agents and clothing retailers will be the other big winners, generating a combined $85.5 million in the lead up to shop jordan and during the carnival itself,'' Mr Bryant said today.
Much of the increased revenue will be due to bigger crowds with more than 403,000 people expected at Flemington over the four days, up from 389,000 last year.
That will include 83,000 interstate and international visitors, IBISWorld says.
"Compared with last year, consumer confidence is buoyant, employment levels are up and corporate timberland boots spending has bounced back, all of which will boost tourism, both domestic and international,'' Mr Bryant said.
Derby Day is again expected to draw the most punters, with IBISWorld tipping a capacity crowd of more than 120,000 people on Saturday, October 30.
More than 116,000 are expected buy isabel marant online at the 150th Melbourne Cup, up from 102,000 last year, jordan for sale while numbers are also expected to be up for Oaks Day on Thursday, November 4 and Stakes Day on Saturday, November 6.
Australians are forecast to bet $55.5 million during the carnival, an increase of 2.7 per cent, with most going to TAB and on-course bookies to lay their bets, although a strong rise in online betting is expected this year.
Horses aside, fashion will be where all nike air max the action is off the track with racegoers isabel marant sneakers online likely to spend isabel marant boots $30 million getting suited up for the races - up 3.5 air jordans for sale per cent.
They'll spent almost as much on hats and isabel marant shop online fascinators ($6.1 million) and heels ($5.9 million) as on their dresses and suits ($6.6 million), splashing out another $3 million on designer handbags and $8.5 million on jewellery and other accessories.
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