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International Buyers Boost Magic Millions
Aushorse (the premier marketing body for Australia's commercial thoroughbred breeders) announced "a number of key international players will attend the Magic Millions Gold Coast Sale (1,600 yearlings catalogued between January 11-19) for the first time", including buyers from the UK, Ireland, Europe, US, Hong Kong, Macau, Singapore, Japan, Korea, Malaysia, United Arab Emirates (Dubai & Qatar), South Africa & New Zealand. Aushorse chairman John Messara noted the "runaway success" of the International Inward Buying Scheme in contributing to the major growth of Australia's leading yearling sales in recent years: "Our guests travel to Australia: they bid, they buy & they then become long-term ambassadors for Australian racing & breeding. The response to this year's Scheme has been most gratifying. Like everywhere else in the world, the international buying bench is an important contributor to the Australian industry."