Following recent announcements by RQ and RWA of prizemoney growth, the NSW GBOTA has continued engagement with GRNSW and NSW Members of Parliament around the importance of participants receiving stake increases.
Importantly, prizemoney is used by all participant to make improvements to their racing set up and investment in the sport and future. While acknowledging the challenges before GRNSW in competing industry priorities, prizemoney delivery is imperative to overall industry betterment. Grass roots access to prizemoney both in terms of distance to tracks and total return are in need of the greatest attention.
With funds now flowing from Point of Consumption Tax, clear focus of industry returns must be a critical priority. The NSW GBOTA on behalf of its members will continue to engage with all parties to not only drive for greater industry revenue but also the delivery of these funds to our participants.