Media Releases

All quotes attributed to Michael Kenny, Chief Executive Officer

 “The NSW Government announcement is a precursor to what could become the most significant period thoroughbred racing has seen in our country.

“The injection of a $174m financial assistance package is unlike any seen previously in Australian sport and is a compelling reason for the State’s two leading Clubs to become a single entity.

“We find ourselves in a climate where the racing and betting dollar of decades past is greatly challenged by an ever-expanding choice of sporting, leisure and wagering options.

“Both Clubs have had to face increasing financial pressure.

“For this reason, we see the proposed merger as being not only financially viable, but as an exciting avenue to growing one of Australia’s most significant industries.

Of the $174m package, $24m is dedicated to upgrading the following facilities at Rosehill Gardens:

• Refurbishment of the public and members’ grandstands
• New pedestrian bridge over James Ruse Drive
• Vehicular access bridge and tunnel link to infield car park
• New infield screen
• Demountable infield concert stage.

“The upgrade is another step in the plan to vastly expand facilities at Rosehill Gardens.

“The Club is about to launch a VIP Lounge to accommodate TAB Number One Club patrons next month and we are currently speaking to event promoters about the possibility of staging live performances at the racecourse.”

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