SA greyhound racing base stakemoney increases of nine per cent across Category 1, Category 2 and Category 3 meetings will take effect from July 1.
Greyhound Racing SA (GRSA), in making the announcement this week, said there had been consistent feedback received from participants in relation to the Wagering Activity Payments (WAP) model and stakemoney more generally.
The feedback had indicated a strong preference for higher based prizemoney (weekly) payments in exchange for lower monthly WAP payments.
As such, GRSA will increase the base stakemoney but pointed out the WAP model would remain in place and participants would be guaranteed to receive 50 per cent of the net wagering revenue.
However, with the increase in base stakes comes an expectation that wagering revenue will reduce in the coming financial year.
Feature races will be increased by $297,000 although of the total increase $231,000 is a re-instatement to pre-Covid levels which were reduced in April 2020.
An additional $66,000 is being added to the feature race prize pool. The winner of the Adelaide Cup will receive $100,000 with corresponding increases to placegetters.
From a Mount Gambier point of view, Sundays at Tara Raceway will receive a considerable stakemoney boost when Category 2 racing is introduced in July.
Currently, the club is Category 3 status on Sundays, meaning at the lowest end of the scale a maiden 512 metres winner receives $585. This will increase to $1015.
At the highest end, an Open winner currently collects $775 but this will rise to $1,480. In-between grades will rise proportionately. Races over shorter distances will pay slightly less while middle-distance and staying races slightly more.
Thursday time-graded meetings at Tara Raceway, which currently pay $425, $445 and $465 to the winners of the three grades (maiden, 1-4 wins, 5+ wins) will rise to $465, $485 and $510.
During July and August, the GRSA Chief Executive Officer and Chief Operating Officer will visit clubs to provide further information in relation to the changes and to give participants an opportunity to ask questions.
Meanwhile, the cancellation of the Mount Gambier Greyhound Racing Club’s meeting last Sunday due to the border closure was the fourth time this year that racing, for one reason or another, had been impacted at Tara Raceway.
On January 10, only six races were run after the kennel house was deemed to be too hot following problems with the evaporative cooling system. Then, on February 14, border-related issues resulted in the meeting being cancelled.
On April 25 the meeting was unable to be run after the club’s veterinary surgeon took ill early on the day which left no time in which to arrange a replacement.
GRSA Racing Manager, Shaun Mathieson, said that due to an updated announcement by the SA Government to close the SA border with Victoria there had been no option but to cancel last Sunday’s meeting.
“With a significant number of Victorian trainers engaged at the meeting unable to attend due to border restrictions the size of fields would have been dramatically affected. As such, it was not feasible to run the meeting,” he said.