Media Announcement
Thursday 4 December 2008
GRNSW WELCOMES CAMERON REPORT
Greyhound Racing NSW (GRNSW) today welcomed the Ministers release of the Independent
Review of Wagering by Alan Cameron.
The Reviews key findings and recommendations are largely consistent with GRNSWs submission
to Mr Cameron last July.
Speaking on behalf of the Board of GRNSW, its Chairman Professor Percy Allan AM said the
report vindicates the large amount of research and preparation that went into the GRNSW
submission to the Cameron review.
GRNSW is particularly pleased that Alan Cameron has recognised that the future sustainability of
racing in NSW requires its three codes to be rewarded according to their relative contribution to
racing turnover rather than each being guaranteed a fixed income share regardless of results,
Professor Allan said.
The reports recommendations, if accepted, involve embracing a culture of promoting and
rewarding innovation, growth and performance while liberalising the legislative regime in order to
be competitively neutral with other states and territories.
Two of the key recommendations by Cameron in the review include;
Recommendation 21: The three racing codes should agree to amend the Inter-
code Agreement to provide that returns to each code from TAB distributions are in
proportion to the percentage of wagering generated by each code; in the absence of
such an agreement, the Government should over-ride the Inter-code Agreement
and the RDA such that the distributions from the TAB are made directly to each
code and in proportion to the percentage of wagering generated by each code.
Recommendation 22: Assistance, extending if necessary to short term financial
assistance, should be provided to the racing industry in order to assist with this
transition, but only when the provision of such funding is supported by a clear
business case.
GRNSW Chief Executive Brent Hogan said the review recognises the greyhound industrys ability
to be flexible and seize opportunities as they arise.
Greyhound racing has been able to achieve substantial growth, reflected in an increase in market
share but despite this the Inter-Code agreement has not been amended to reflect this and the
greyhound industry has not been rewarded for its achievements, Mr Hogan said.
The Inter-Code agreement has always provided a significant barrier to innovation and these
recommendations by Alan Cameron will allow codes to be placed on a sustainable footing which
will allow greyhounds to meet future changes in technology and be paid based on individual
performance.
GRNSW will provide a detailed response to the review by the deadline of January 31, 2009.
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Further Media information
GRNSW Public Relations Manager Tony Richens 9764 6840 or 0437 036 022