And if Albury Racing Club has its way the annual uncertainty around confirmation of the half-day holiday, which has made the event a major success story, will end also.

The Gold Cup will be held on March 18 next year and March 24 the following year.

Albury Council this week endorsed its ongoing support for the half-day holiday which has resulted in the event attracting crowds between 15,000 and 20,000 since the holiday's introduction.

The economic benefit to the city is also estimated at more than $10 million.

But the club is forced to sweat on the NSW Government gazetting the half-day holiday every year.

This year the holiday wasn't confirmed until three weeks before the event which created a headache for ARC chief executive officer John Miller and the club's committee.

"You've pretty much had to apply around November and no decision was made this year until early March," he said.

"If you had an event in August or November you wouldn't be to stressed about it.

"But because ours is at the start of the year, we are always on the phone wanting to know what is going on and whether there will be a half-day holiday approved or not.

"We are just trying to get away from this last-minute uncertainty."

CHECK OUT THE RUNNING OF LAST YEARS FEATURE RACE.

After this year's event council contacted member for Albury Greg Aplin to lobby the government to make half-day holiday applications for multiple years.

The industrial relations department supported consideration to a variation on the holiday application process on the proviso where there were substantial social and economic benefit to the local community from the event.

A two-year application has been proposed, but the decision is also contingent on council seeking feedback from the business community.

The Albury Northside chamber of commerce, Albury Central, NSW Business Chamber, Australian Industry Group and the education and banking sectors in Albury will all be consulted about their ongoing support of the half-day holiday.

Analysis of this year's Gold Cup indicated the total visitor spend was just under $2 million with the spend by local attendees and other associated expenditure being nearly $8.5 million.

The club also spends more than $400,000 each year locally on raceday infrastructure, marketing and promotion.

The Gold Cup half-day holiday started in 1998.