Greyhound Racing South Australia Announce Prizemoney Increases

Written By Thursday 13th September 2012  

Greyhound Racing South Australia Announce Prizemoney Increases

Greyhound Racing SA () is pleased to announce that returns to South Australian participants will be increased from 1st October 2012. As a result of these increases, 2012/13 returns will rise by 6.6% to $5.86 million.

In making this announcement, GRSA Chairman Michael Fabbro noted the absolute need to grow participant returns, despite the separate requirement for significant investment in tracks and facilities.

“The recently released GRSA Strategic Plan identifies an objective of $7 million in industry returns by 2016/17. The Board is committed to supporting the local industry by way of year-on-year stakemoney increases during that five year period.”

GRSA CEO Matt Corby said “These increases should come as welcome news for South Australian participants and are just reward for the significant commitment that greyhound owners and trainers make in support of their participation”

“The simplified model of stakemoney distribution, reflects GRSA’s desire to provide a more equitable framework of support to each of the key racing regions in South Australia”

Key Changes:
The stakemoney distribution model will now comprise of the following categories:

  • Category 1 – Angle Park Thursday
  • Category 2 – Angle Park Monday, Gawler Tuesday
  • Category 3 – All other TAB meetings

This classification of meetings will result in significant increases to stakemoney at many of the meetings across the state and provides greater clarity for participants in determining stakemoney by meeting. The model also provides for:

  • Increased stakemoney for Middle Distance events at Category 1 & 2 meetings
  • Increased stakemoney for higher graded races at Angle Park Thursday meetings
  • 12 races being conducted at Angle Park Wednesday meetings (subject to noms)

Please see the tables below for a full breakdown of all stakemoney increases in South Australia.

Kevin Pitstock Kevin Pitstock (10430 Articles)

Kevin is a second generation greyhound industry participant with over 40 years experience as a greyhound owner, breeder, trainer, syndicator, broker and journalist. Kevin founded Australian Racing Greyhound in 2007 and fulfils the role of Editor of ARG's expanding team of journalists. Kevin brings a wealth of background knowledge and external experience to Australian Racing Greyhound, that coupled with his intimate knowledge of greyhound industry and a large and diverse range of industry contacts; brings a unique perspective and insight to Australian Greyhound Racing.


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