Online sports-betting sites crashed nationwide in the lead-up to the Melbourne Cup, the busiest betting event of the year.
"It's very sad but it could have been worse".
In 2015, crowd favourite and three-time Melbourne Cup runner-up Red Cadeaux had to be euthanised two-and-a-half weeks after the Cup as a result of complications from an injury suffered in that year's race.
The Cliffsofmoher suffered a fractured right shoulder when injured in the Melbourne Cup, unfortunately could not be saved.
Admire Rakti was a Japanese racehorse who collapsed and died from cardiac arrest at the Melbourne Cup in 2014.
Described as a "tragedy" by veteran Seven commentator Bruce McAvaney, the United Kingdom raider pulled up lame as the field passed the finishing post for the first time.
The Daily Telegraph has reported the star United Kingdom galloper had a fractured right shoulder and "could not be saved".
"The horse received immediate veterinary care, however it was unable to be saved due to the nature of the injury sustained".
Bowman, who finished second behind British stayer Cross Counter in the feature race, was initially banned for 41 race meetings but had his suspension reduced to 35 meetings.
"This was an unfortunate incident that happens infrequently, with Victoria having one of the best safety records in world racing".
The condition of The CliffsofMoher, which was being ridden by star English jockey Ryan Moore, is not yet known.
In a statement the RSPCA said there was a growing number of Australians who felt uncomfortable watching horse racing.
McEvoy's win was also special for the family as it was Cathy's first time seeing him win the Melbourne Cup after missing his 2016 ride with Almandin.
"Today's tragedy is a stark reminder of the risks these horses face every time they run, and highlights that behind the gloss and glamour of Cup celebrations there is a dark reality", said Speechley.