Country races will be boosted with in increase in prizemoney from July next year.
Country races will be boosted with in increase in prizemoney from July next year. Cathy Adams

Boost to prizemoney at country race meets

RACING NSW has announced increased prizemoney at country and provincial races and a new Country Showcase series.

It is the result of the NSW Government's legislation of wagering tax parity, delivering a major windfall to country racing.

From July 2016, all TAB country races will offer minimum prizemoney of $20,000 per race, up from $15,000.

Prizemoney for TAB provincial races will rise to $27,000, up from $22,000.

Also from July 2016, about 40 Country Showcase meetings will be held at regular intervals across regional NSW, offering a minimum $30,000 in prize money.

Racing Minister Troy Grant said this annual injection of $21 million in regional prizemoney will be the launch pad of success for racing in regional NSW.

"I am over the moon to see wagering tax parity deliver immediate benefits to country and provincial racing," he said.

"These funds mean so much - they will create more jobs, generate bigger crowds and help grow the racing industry in regional NSW.

"Our regions love a day at the track and race meetings bring the community together, offering an injection into local economies and entertainment for all.

"Racing NSW has recognised the huge contribution that regional NSW makes to the racing industry so I would like to thank Chairman John Messara, the Board and CEO Peter V'landys for delivering this much needed boost to country racing."



VIDEO: Scuba diver saves 2m shark from 'terrible death'

VIDEO: Scuba diver saves 2m shark from 'terrible death'

"I fought my fear... the shark was moving violently”

Woman plucked from crumbling cliff by volunteers

Woman plucked from crumbling cliff by volunteers

"She was scared that if she moved she’d fall down the cliff face"

25 extra firefighters coming to help battle bushfire

25 extra firefighters coming to help battle bushfire

Bushfire near Casino listed as "out of control"

Local Partners