RQ SET TO SEAL A DEAL ON FEES
RACING Queensland is close to finalising new race information fees deals with corporate bookmakers.
Race information fees are worth about $60 million annually to RQ, making up about one third of the total pie, and growing rapidly each year.
One of the final acts of the previous RQ board was to send out a new proposal of fees, which were increased by 1 per cent across the entire spectrum, offset by a 1 per cent rebate for those providers conducting “approved’’ marketing of Queensland racing.
It meant the fees would have ranged from 2.5 per cent for tote betting up to 4.5 per cent for derivative – for example, best tote products – on premium meetings.
The new deals were meant to be struck on June 30, but in the wake of an interim chief executive being appointed, extensions were granted under the previous schedule of fees.
It will be interesting to see what direction the new regime takes with corporates, who were at odds with the previous board over the fact Queensland was the most expensive state in Australia to bet on.
Racing NSW recently increased its race information VANCOUVER is vulnerable in his attempt to become the first Golden Slipper winner in 24 years to triumph in the Group 3 $125,000 San Domenico Stakes (1100m) at Rosehill on Saturday.
Star jockey Tommy Berry conceded Vancouver was not suited by the sprint trip but was banking on the super colt’s class to ensure his unbeaten record was extended.
“He is a very special horse, we all know that,’’ Berry said. “His (barrier) trial win the other day really excited me and it told me he is coming up really well for the spring.
“The 1100m is a test as it is a touch short for him but fees after a change in the NSW state legislation.
WHILE Flemington may be Australia’s worst performing venue for favourites, Queensland’s Rockhampton and Beaudesert courses ranked among the nation’s happiest hunting grounds last season.
Backing every favourite at both venues would have yielded a healthy profit.
From 286 races at Rocky, favourites won 41 per cent of the time for a 12 per cent profit, while favourites struck at the same strike rate from 94 races at Beaudesert for a 14 per cent profit.
Adrian Coome, who hasn’t ridden since fracturing his elbow in the Rockhampton Cup, was Queensland’s bestperforming jockey, winning 46 times from 99 rides on favourites, including 33 from 57 at Rockhampton (57 per cent) for a whopping 44 per cent profit.
VANCOUVER’S STREAK IN DANGER
I still believe his class will shine through.’’
Vancouver won his only four starts last season, culminating in his Golden Slipper effort.
Coolmore then bought Vancouver as a potential stallion prospect in a deal that valued the colt at more than $40 million.
If the Gai Waterhousetrained Vancouver can make a winning comeback on Saturday, he will join Sir Dapper (1983) and Tierce (1991) as the only horses to complete the Golden Slipper-San Domenico Stakes double.
But it won’t be easy for Vancouver in the San Domenico, with quality opposition from winter find Japonisme, Silver Slipper winner Headwater, and King’s Troop.