Victoria could save nearly $500m over 10 years by scrapping greyhound racing, estimates show

Exclusive: Parliamentary Budget Office analysis shows any loss of revenue from betting would be offset by lower government spendingFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Victorian government could save almost half a billion dollars if it follows Tasmania in phasing out greyhound racing in the state, according to independent analysis.A policy costing by the Parliamentary Budget Office (PBO), to be released on Thursday,