The findings highlight the role of greyhound racing in providing employment, as well as providing an economic boost to local businesses throughout the Greater Shepparton region.
The region is home to 423 greyhounds in training, supported by 64 trainers, 231 owners and 11 breeders, highlighting the strong local involvement in the sport.
During the 2024-25 season, Shepparton Greyhound Racing Club conducted 110 race meetings and 1,392 races, attracting around 24,000 attendees.
Almost 90 per cent of greyhound race meetings in Victoria are conducted outside Melbourne, while regions including Latrobe-Gippsland, Geelong, Ballarat and Bendigo are also home to significant training, breeding and racing activity.
Shepparton Greyhound Racing Club manager Carl McGrath said the industry's impact extended well beyond race day.
"Every race run in the Goulburn Valley sets off a chain of economic activity,” he said.
"From local trainers and breeders to veterinarians, feed suppliers, hospitality venues and transport businesses, dozens of industries help deliver the racing product that audiences enjoy every week.
"From the Goulburn Valley's trainers and owners to the local businesses that support them, greyhound racing remains an important contributor to the regional economy."
Greyhound Racing Victoria chief executive Stuart Laing said the figures reinforced the industry's importance to regional Victoria.
He explained that each race meeting generates spending throughout the region, supporting veterinary services, feed suppliers, transport operators, accommodation providers, hospitality venues and a range of local businesses and professional services.
"These figures demonstrate the important contribution greyhound racing makes to the Shepparton region through jobs, investment and local business activity,” Laing said.
"Behind every race is a network of participants, volunteers, staff and suppliers helping to deliver one of Victoria's most active sporting industries."