RVL's Member Shareholders consist of:
- Country Racing Victoria (CRV),
- Melbourne Racing Club Inc (Melb RC),
- Moonee Valley Racing Club Inc (MVRC)
- Victoria Racing Club (VRC),
- Thoroughbred Racehorse Owners Association (TROA),
- Thoroughbred Breeders Vic (TBV),
- Australian Trainers Association (Victorian Branch) (ATA),
- Victorian Jockeys Association (VJA),
- Australian Jumps Racing Association (AJRA),
- Victorian Bookmakers Association (VBA), and
- Unions representing the Australian Liquor Hospitality and Miscellaneous Workers' Union (Vic Branch) (LHMU), Australian Services Union (Vic Branch) (ASU), Australian Workers' Union (Vic Branch) (AWU), Media, Arts & Entertainment Alliance (MEAA).
The RVL Board has 11 Directors comprising of Chairman Michael Duffy, Deputy Chairman Robert Roulston, Michael Caveny, Ross Dobinson, Bryan Gurry, Graeme John, David Moodie, Pearse Morgan, Barbara Saunders, Peter Sinn and the company's CEO Rob Hines.