Greyhound Racing New South Wales (GRNSW) today confirmed that it would increase the number of TAB meetings conducted in NSW by eight meetings per week over the next year. The new meetings will predominately feature on Sky Racing2 which Tabcorp announced yesterday would go live on Tuesday 30 March.
GRNSW Chairman Professor Percy Allan AM explained that the Board’s decision to expand the TAB product offering reflected the changing nature of the racing and wagering industry whilst positioning GRNSW well for future changes to the funding model of racing.
“The environment has changed dramatically since the last major overhaul of the TAB racing schedule and the opportunity now exists for the sport’s non-TAB meetings to be put to work and make a commercial return to the sport,” Allan said.
Continue reading GRNSW Add New 8 Greyhound Meetings To Accomodate Sky Racing2
In the Supreme Court of Victoria late yesterday, Tabcorp has welcomed a decision handed down in relation to proceedings brought by its subsidiary Tab Ltd against Racing Victoria Limited and Greyhound Racing Victoria.
The landmark case will save Tabcorp $195 million over the next three years after a judge ruled against a new fee scheme introduced by both Racing Victoria Limited and Greyhound Racing Victoria.
Tabcorp successfully argued that the application of race field fees by Racing Victoria Limited and Greyhound Racing Victoria for more than half of the financial year was unfairly and incorrectly imposed.
Continue reading Greyhound Racing Victoria Exposed To Huge Losses
GRNSW have tonight announced the second of massive prizemoney increases that will see returns to New South Wales greyhound participants increase by 33%.
In the wake of modest prizemoney increases in Victoria of just 5.2%, tonight’s announcement is sure to ring loud up and down the greyhound racing east coast of Australia.
And to show that GRNSW have their sights set firmly in sustainable growth a nd returns rather than just the leading trainers, country greyhound racing will recieve the lions share with prizemoney increases of 25% per meeting.
Continue reading NSW Greyhounds Announce Massive Prizemoney Increases
Greyhound racing had subsidised its thoroughbred counterparts in NSW to the tune of $6.25 million over the past 12 months, effectively making the dogs the largest sponsor of thoroughbred racing in this state, Greyhound Racing NSW Chairman Professor Percy Allan AM, said today.
Professor Allan said thoroughbred and harness racing had benefitted from leakage of more than $9.2 million from greyhound racing over the past financial year.
“Since the NSW Government privatised the TAB in 1999, greyhounds have sponsored the other codes by more than $100 million,” he said.
Continue reading GRNSW Claim Greyhounds Are Horse Racing’s Biggest Sponsor
The New South Wales Greyhound and Harness Racing Regulatory Authority has just announced that it is “pleased to appoint Darrell Loewenthal to the position of GHRRA Acting Director”.
According to the GHRRA, Mr Loewenthal has been involved in the administration of the racing industry for 30 years and has been associated with the implementation of all major Government initiatives in the industry during that period.
“Darrell has wide ranging experience in racing and Government and at time of his retirement in 2005 was the Director, Racing and Deputy Director-General of the former Department of Gaming and Racing” said GHRRA Chairman Stephen Price.
Continue reading GHRRA Appoint Controversial Acting Director
The Board of Greyhound Racing NSW (GRNSW) today confirmed that the recently announced $3.5m prizemoney injection for NSW greyhound racing announced in early December 2008, will take effect from today with the TAB meetings at Maitland and Dapto being the first to race under the new minimum prizemoney levels.
GRNSW is lifting minimum prizemoney levels for TAB race meetings and increasing funding for non-TAB meetings from today while from 1st February Wentworth Park Saturday night race meetings will also receive a significant increase.
Continue reading New Year & New Prizemoney Increases For NSW
Prizemoney levels for greyhound race meetings in New South Wales will increase substantially and a new premium Saturday night metropolitan meeting will be introduced following an announcement from the Board of Greyhound Racing NSW (GRNSW) today.
The increase in prizemoney will take effect from January 1, 2009 at TAB and Non-TAB level and from February 1, 2009 at Wentworth Park Saturday night meetings.
Continue reading NSW Greyhound Racing $3.5 Million Prizemoney Boost
In response to the New South Wales Government’s recent decision to allow fees to be charged against wagering operators who take bets on NSW races, the Queensland Government has announced that it will introduce similar ‘race fields’ legislation to protect the future of racing in Queensland, Treasurer and Racing Minister Andrew Fraser said.
Continue reading Queensland To Introduce Its Own Race Fields Legislation
NSW racing industry has been given a significant boost under new legislation to come into effect from 1 July 2008, Racing Minister Graham West announced today.
Mr West said the controlling bodes of the three codes of racing will grant approvals and set fees for the use of NSW race fields by wagering operators.
Continue reading NSW Race Fields Legislation Approved