GOTBA Grievances To Be Presented To GRV Board
Greyhound racing in Victoria took a break on July 3 after negotiations between the GOTBA and GRV failed to progress at a meeting on Tuesday.
8 July 2021
Greyhound racing in Victoria took a break on July 3 after negotiations by the Victorian Greyhound Owners, Breeders and Trainers’ Association with Greyhound Racing Victoria were unable to progress the GOTBA’s request for a better return to participants, regulatory fairness and track and infrastructure improvements.
GRV management and GOTBA representatives met on Tuesday but there was little wiggle room from GRV.
“GRV income will be up $21m from the last financial year and all we are asking for is for a portion of that, as low as 30 per cent, to be returned to industry this upcoming year on top of the budgeted base prizemoney,” GOTBA representative Greg Doyle said.
“Going forward the figure would be 50 per cent but this is the compromise we have proposed, giving GRV another 12 months to get their costs under control.
“We received no concessions at the meeting and (CEO) Alan Clayton said he would refer our detailed submission to his Board which meets on Tuesday.
“There are prizemoney increases coming but that is still based at 48 per cent of budgeted revenue and all we are asking for is our share of the windfall which has come GRV’s way in the previous year. It’s not projected money, it’s real and actual.
“Last year, the return to participants was $52m of $127m which is only 40.9 per-cent of income.
“Alan has been touting 48 per cent in the media which is based on this upcoming year, conveniently not advertising the appalling 40.9 per-cent returned to the owners investing their money and trainers doing all the work.
“The ultimate question is, where is the other $75m actually going?”
The refusal of owners and trainers to nominate on July 3 resulted in the cancellation of meetings at Cranbourne, Ballarat and The Meadows.
“Owners and trainers took a firm united stance and we have had many tell us that the action last weekend has only strengthened resolve,” Doyle added.
“The added income should be used to improve and upgrade tracks and facilities, this is industry money.”
Adding fuel to the GOTBA’s desire for a better outcome is news that South Australian participants, for the 2020/21 financial year, have been gifted just over $4.9m from Greyhound Racing South Australia’s surging income receipts.
The transparency in GRSA’s allocation, across 404 race meetings, shows the additional funds to be the combination of Wagering Activity Payments and two Industry Performance Reward Payments.
The GRSA WAP is based on the addition of revenue from Tabcorp (TAB Product Fee) to Race Field Fee Revenue (all other totes/corporates) and subtracting Race Field Fees Payable (arising from SA Tabcorp clients betting on interstate greyhound racing).
GRSA proposes to provide at least 50 per cent of all increased revenue back to industry – and for the last 12 months the total return industry in SA is approximately 58 per-cent of net wagering.
Yes, 58 per cent, a number Victorian’s can only dream about.