Fears on prize cash

Townsville Bulletin - - SPORT -

TRAINER Rob Heath­cote says slash­ing prize­money would be a dev­as­tat­ing blow to a Queens­land rac­ing in­dus­try al­ready on its knees from a $ 28 mil­lion black hole.

Queens­land Rac­ing Min­is­ter Bill Byrne made a rare public ap­pear­ance to pre­dict a dif­fi­cult fu­ture for rac­ing in this state and claim the cur­rent po­si­tion of Rac­ing Queens­land was un­ten­able. He said rac­ing’s fi­nan­cial re­serves had been dip­ping for years and the pre­vi­ous rac­ing regime had a foun­da­tion built on rivers of gold that did not ex­ist.

The state’s crime and cor­rup­tion watchdog is also in­ves­ti­gat­ing four cases in­volv­ing Rac­ing Queens­land not re­lated to the grey­hound scan­dal.

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