Tasracing was established under legislation introduced into Tasmanian State Parliament in November 2008.
After a business as usual approach for the first six months, on 1 July 2009 Tasracing Pty Ltd, trading as Tasracing, became a state-owned company in its own right. It operates under a constitution and must abide by Australian Corporations Law.
The company has two members, the Treasurer and the Minister for Racing, who hold shares in the company in trust for the people of Tasmania.
Tasracing provides the strategic direction and funding required to produce quality racing products that meet customer demands in a globally competitive industry.
Tasracing is responsible for the development of racing and breeding, the funding of clubs as well as providing stakes, media rights and managing racing venues. Tasracing provides a commercially viable future for racing in Tasmania by promoting and distributing data on racing form, track conditions and by assisting racing clubs to promote their racing events and carnivals.
Tasracing is proud of the innovation applied to the operation of the company for the benefit of the industry.
Examples of innovation that have contributed to creating competitive advantages for Tasmania’s racing product in the global market are:
Office of Racing Integrity (ORI) is a separate entity to Tasracing and is responsible for maintaining the probity and integrity of the thoroughbred, harness and greyhound racing codes in Tasmania. ORI is a division of the Tasmanian Department of State Growth.
ORI’s responsibilities include:
Find out more about Office of Racing Integrity at their WEBSITE.