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A N N U a L R E P O 2011-2012 ANNUAL REPORT GREYHOUND RACING NSW ANNUAL REPORT 2011 - 2012 WHO IS GRNSW ? Greyhound Racing NSW (GRNSW) is a body corporate Core Values charged with providing strategic direction and leadership in the development, integrity and welfare of greyhound racing Our vision is based upon the following core values: in New South Wales (NSW). It is the peak body of the sport • Innovation and is responsible for ensuring the competitiveness and long- • Integrity term commercial viability of greyhound racing for the benefit of • Teamwork participants, business partners and the community. • Professionalism • Performance driven From July 2009, GRNSW became responsible for the regulatory • Customer focus affairs of the sport. This broadening of responsibilities was the result of a government decision to transfer the greyhound Chasing 2020 division functions of the Greyhound and Harness Racing GRNSW’s strategic plan, Chasing 2020, was released in July Regulatory Authority (GHRRA) to GRNSW. 2010. The plan provides stakeholders with an understanding of The business structure of GRNSW covers both the commercial how GRNSW intends to grow and position the sport into the and regulatory responsibilities with four core business units: future. Chasing 2020 outlines a shared vision and set of goals Racing & Integrity, Industry & Strategy, Public Relations & Digital that will ensure greyhound racing in NSW continues to prosper and Growth & Sustainability. into the future. Flowing from the legislative amendments to the Greyhound Produced by the previous GRNSW Board, the forward-thinking Racing Act 2009, the industry representative Board of GRNSW document includes five pillars of strategic focus: was replaced by an independent Board in February 2012. The • Growth amendments make a person ineligible for appointment if they • Image are an employee of a greyhound racing club or member of the • Racing governing body of a greyhound racing club. Each Board member • Sustainability has a maximum tenure of eight years. • Governance The new members of the independent GRNSW Board were Each pillar outlines strategies that will provide a range of benefits chosen by an independent selection panel comprising Michael to all stakeholder groups. Foggo (Convenor), Professor Percy Allan AM and Richard Chasing 2020 is supported by a standalone operational plan that Zammit, and were assisted by probity adviser Rory O’Connor, is monitored on a quarterly basis and reported to the public from governance firm O’Connor Marsden. yearly as part of GRNSW’s Annual Report. This year’s progress Our Vision report on strategies and projects from the plan can be found on pages 22 and 23. To be Australia’s premier supplier of greyhound racing, delivering an attractive and innovative wagering product, and focused on long-term sustainable growth that will drive increased prizemoney returns to participants and appeal to consumers. IFC 2011/12 AT A GLANCE July - GRNSW announces the establishment of its own January - The 2012 GRNSW Country Challenge kicks off in Greyhound Welfare and Veterinary Services Unit which Wauchope. In a major change to the series, races will be sees GRNSW assume responsibility for the provision of on- held during the calendar year instead of the previous July- course veterinarians at all TAB meetings. September schedule, providing greater choice to participants by reducing scheduling clashes. August - As part of major changes to the identification of greyhounds, GRNSW begins the process of microchipping February - The industry representative Board hands over to greyhounds retrospectively. Over the next three months, a new independent Board. Eve McGregor is appointed as 4,000 greyhounds would be microchipped retrospectively Chairman of the new Board, replacing Professor Percy Allan at no cost to members of the sport. AM who held the role for nine years. September - GRNSW implements world class regulatory March - NSW super stayer Zipping Lad is named the 2011 reform overhauling Race Day Integrity Services, delivering Betfair Greyhound of the Year. Long serving Casino enhanced scrutiny of all races in the state with the Greyhound Club Secretary Don Waldron was awarded the introduction of a central control room at GRNSW’s Head Allen Wheeler Medal for his outstanding contribution to Office in Rhodes. greyhound racing over four decades, while Richmond Race Club was named Club of the Year. October - The Greenhounds program is launched by GRNSW and the NSW Government. The program allows pet April - Don’t Knocka Him wins the 2012 Macro Meats Golden greyhounds to go muzzle free in public places and boosts Easter Egg, the world’s richest greyhound race. Western the chances of former racing greyhounds being re-homed. Australia superstar Miata also makes an appearance at Wentworth Park, winning the Group 1 Association Cup. November - NSW Minister for Racing George Souris announces the creation of an independent selection May - GRNSW’s 65 Roses campaign raises more than $40,000 panel tasked with recommending candidates for the new for Cystic Fibrosis Australia and Cystic Fibrosis NSW independent GRNSW Board. throughout the month of May. The money was raised at special 65 Roses Race Meetings which were staged at each December - GRNSW announces an industry leading change of the 35 greyhound racing tracks in NSW. that creates an exemption for eye drops to be used for greyhounds affected by Pannus. June - Graham Gorrie is appointed to the position of Greyhound Racing Integrity Auditor. Index 2011/12 At a Glance 1 Board Members Report 26 Chairman’s Report 2 GRICG 28 Chief Executive’s Report 6 Payments to Clubs 29 Summary of Financial Performance 10 GIDF Activity 30 Racing Review 12 Club Statistics Summary 31 Statistics 32 Racing & Integrity 14 Growth & Sustainability 16 Five Year Comparison 33 Industry & Strategy 18 Financial Statements 34 Public Relations & Digital 20 Chasing 2020 22 The Board 24 1 CHAIRMAN’S REPort New Era are familiar with many of the issues the new Board may face in the future. I am pleased to deliver my first report as GRNSW Chairman. With this vast experience and skill set I am confident this 2011/12 heralded a new era for GRNSW with a new Board will be able to enact a robust plan to ensure the sport is independent Board replacing the industry representative Board sustainable, not just next year, but in the years to come. in February 2012. Strategic Direction The previous Board made a number of decisions that have ensured the growth of the NSW greyhound product. This includes increasing prizemoney significantly throughout their term and the introduction of TAB C racing to a number of tracks in NSW, including the new TAB venues of Dubbo, Grafton and Wagga Wagga. One of the most significant achievements of the former Board has been the successful development and implementation of the club Operating Standards and Guidelines that have resulted in higher levels of compliance and stronger operations, significantly improving the risk management, performance efficiency, safety and accountability of NSW greyhound racing clubs. That said, the sport still faces several challenges in the immediate future particularly when you consider the changing wagering environment and its direct impact on the funding model of the industry. It is this funding model that is central to the sport’s ability to continue to grow and increase returns to participants into the future. However, it is becoming increasingly clear that the current model will not provide sustainable growth in the long term and it is imperative that GRNSW reconsiders its strategic direction to reflect the changing operating environment and challenges ahead. It was a great honour to be given the opportunity to serve During 2012/13 the Board will face these realities head on and on the Board and an even greater privilege to be appointed forge a new strategic direction for the sport. As part of this, Chairman. I look forward to the opportunities that the role will we will need to confront the issues that currently hinder our present. ability to provide ongoing growth. We will also need to be open minded and willing to consider innovative solutions and ideas I am supported in the role of Chairman by my four fellow Board that may lie outside of the traditional boundaries of the sport. members, all of whom bring a unique set of skills to the table. Goulburn Upgrade And Introduction Of Local David Clarkson, who is the Board’s Deputy Chairman, has a deep TAB C Racing passion for the racing industry and strong financial management experience. George Bawtree is the former Chief Executive of On 31 July 2012, I had the privilege of being on course to unveil GRNSW and has an extensive background with community and Goulburn’s new state-of-the-art facilities and witness the club’s stakeholder relationships in the public sector. first ever TAB meeting. Murray Nicol comes from a club and wagering background. The upgrade to Goulburn’s facilities, which include a world- Joyce Alamango has extensive hands on experience within the class kennel block and a new judge’s tower, cost more than sport both as a participant and an administrator. Murray and $900,000 and was achieved due to an unprecedented three- Joyce were also members of the former Board and therefore 2 way partnership between the NSW Government, Goulburn as part of our commitment to deliver increased returns to Mulwaree Council and GRNSW. participants. The completion of the project means Goulburn is now a Boosting Integrity quality facility in a key regional area of NSW that stages weekly TAB meetings which are beamed live into living rooms across Protecting the integrity of greyhound racing is at the heart of Australia and the world on Sky Racing. what GRNSW does, it is a core function of the organisation. Fundamental to our growth is the confidence the public places I thank both the NSW Government and in particular the in the integrity of our racing.
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