Following a meeting between Greyhound Racing Victoria (GRV) and the Greyhound Owners Trainers and Breeders Association of Victoria, Inc (GOTBA Vic) a substantial additional FY22 prize money increase will be considered at a dedicated GRV Board meeting tomorrow, and announced tomorrow afternoon.

GRV will follow this decision with a comprehensive consultation process with all participants, clubs and other stakeholders to help determine what the prize money package will look like.   GOTBA Vic has indicated it prefers any increase be first applied to an unplaced runner fee, to assist all levels in covering increased costs.

Feedback will be provided to the GRV Board at its meeting on Tuesday 14 September when the Board will consider it and determine a prize money package allocation.

The increase to Victorian prize money will be applied as soon as practicable in this financial year.

GRV and GOTBA Vic note that a percentage participant share of GRV income will remain under GRV consideration.

Attributable quotes:

GRV Chair Peita Duncan: “This announcement highlights the importance of all parties working together with goodwill and respect to ensure we are focused on the best interests of all participants.”

GOTBA Vic President Lynton Hogan: “GRV has today demonstrated to us that it will focus on the issue of participant returns, and we commend it for doing so.  While the amount of the prize money increase has not yet been formally decided, we look forward to a positive announcement by the Board and ongoing FY21-22 focus on the issue.  Assuming that a substantial step forward is taken by the Board, GOTBA Vic is willing to move forward on other areas we have highlighted, and we anticipate more joint GRV-GOTBA Vic announcements soon.”

For further information please contact:
GRV’s Louise Martin on 0466422273 or
GOTBA Secretary: [email protected]