Huge Prizemoney Increases For Queensland Greyhound Racing Announced
Greyhound racing in Queensland has been given a much needed injection with the announcement of substantial prizemoney increases this week.
While opposition to the development of a new greyhound track at Logan is growing (the Queensland government said in a statement as recently as June that it was still going ahead), the prizemoney increase is a positive step forward for greyhound racing in the Sunshine State.
Racing Queensland has just announced a prizemoney boost across all codes of racing in Queensland and it is the result of a new wagering deal with Tatts Bet. In a statement, Queensland All Codes Racing Industry Board Chairman Kevin Dixon said:
“Based on the increases coming into effect on October 1, overall prizemoney year on year will increase by 50 per cent for greyhounds, 20 per cent for thoroughbreds and 16 per cent for harness racing.
These improvements were devised with a new allocation strategy, which determines prizemoney based on each code’s individual revenue less the costs they incur. This means when one code is performing well, they will directly benefit from their success and not be impacted by other codes.”
The key improvements from October 1, 2014 for greyhound racing are:
This is great news, the biggest surprise was the information we have a Racing Minister, he’s been hiding for the last two years, would not know a greyhound from a Clydesdale
what the best track in austrailan
This is great news, the biggest surprise was the information we have a Racing Minister, he’s been hiding for the last two years, would not know a greyhound from a Clydesdale
what the best track in austrailan