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Qld Racing Mails 8,000 Rebuttals

Friday, 1st July 2005

Queensland Racing chairman Bob Bentley & deputy chairman Tony Hanmer have sent a letter to 8,000 industry stakeholders responding to a story headlined "QR Costs Run At A Gallop" in last weekend's Sunday Mail newspaper. They provide a lengthy list of achievements since the beginning of Queensland Racing in April 2002 & note: "The negative & poorly researched reporting in the Sunday Mail harms the industry & jeopardises the livelihood of those stakeholders who put everything into racing, as contrasted to the shadow dwellers & fence sitters who contribute nothing more than criticism. Unfortunately this is the dark-side of our industry." Among the improvements highlighted (in comparison to 2001-02) are:

  • Total prize-money & distributions: $87.736m ($74.536)
  • TAB prize-money: ($64.487 ($50.108m)
  • Average metropolitan prize-money: $68,523 ($48,626)
  • Base metropolitan prize-money: $40,000 ($24,000)
  • Base metropolitan QTIS added-stakes race: $60,000 ($49,000)
  • Metropolitan races $30,000 & over: 406 (145)
  • QR cost to provide $1 of funding to industry: 13¢ (16¢)
  • Total actual overheads: $10.845m ($12.033m)
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