Tasracing 2020 Annual Report Released

Thursday 29 October 2020

Media Release by Minister Howlett on Tasracing’s Annual Report

Tasracing’s 2020 Annual Report

Tasracing is pleased to release the company’s 2020 Annual Report.

The Annual Report outlines what was a challenging year for the company and the industry due to COVID-19.

Though Tasracing recorded a loss for the reporting period, prize money and industry funding increased by more than $1 million to nearly $28 million. Total code allocations and COVID-19 support payments for the industry reached nearly $25.5 million, an increase of more than $1 million compared to last year.

The Annual Report also outlines a number of key highlights from 2020 including:

  • Delivery of the new Elwick thoroughbred track on time and on budget.
  • Delivery of a new Greyhound Adoption Program facility at Mangalore.
  • Delivery of enhanced greyhound welfare rules.
  • Completion of a Harness Code Review.
  • Commenced implementation of the Harness Code review outcomes with delivery of enhanced harness breeding bonus scheme and harness welfare rule.
  • A new Community Racing Club Infrastructure Grants Program was initiated.
  • Relationships with key industry partners Sky Racing, Ladbrokes, Carlton and United Breweries and Magic Millions were strengthened.
  • Launch of a new customer account system providing racing and wagering alerts and a range of enhanced digital form products.
  • Launch of a new long-term public awareness campaign – It’s Why We Race.
  • Appointment of a new Animal Welfare Manager, and a review of all welfare initiatives.
  • Stakeholder communication was increased, including the introduction of Club Hub – a new online portal containing marketing, event and hospitality resources for racing clubs.

Tasracing’s 2020 Annual Report