Annual Report 2020 Mission Statement
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ANNUAL REPORT 2020 MISSION STATEMENT TO ESTABLISH A DYNAMIC NSW THOROUGHBRED RACING INDUSTRY WHICH ADVANCES PARTICIPATION, ENSURES INTEGRITY AND DELIVERS QUALITY RACING AT ALL LEVELS VISION CONTENTS Provide a committed, user-friendly, Chairman’s Report 2 professional and cost-effective Chief Executive’s Report 3 administration which uses best Industry 12 business practice in serving all Equine Welfare Program 17 aspects of the NSW Thoroughbred Regulatory 19 Racing Industry. Integrity 27 Provide Leadership and Strategic Investigation and Surveillance Unit 31 Direction to ensure the NSW Veterinary Services 32 Thoroughbred Racing Industry Laboratory 34 achieves revenue growth, Marketing, Media & Digital 36 profitability and greater returns to Industry Welfare 39 Owners and Industry Participants. Appeals 40 IT 43 Provide a Racing Product that RICG 43 appeals to all demographics and BOBS 44 takes all actions necessary to guarantee integrity and confidence Insurance 46 in the sport. In particular, ensuring Obituaries 49 animal welfare is of the highest Group & Listed Winners 50 standard. Financial Statements 53 Maximise betting turnover on NSW Thoroughbred race meetings by Front cover: Yes Yes Yes (top) wins The accommodating punters’ needs and TAB Everest with Glen Boss aboard and desires, and work with Tabcorp to Sydney’s champions for the 2019/20 racing promote new wagering products season (L-R): Robbie Dolan, Chris Waller that reflect changes in demand. and James McDonald CURRENT MEMBERS OF THE BOARD 1 MISSION STATEMENT R Balding AO (Russell) A G Hodgson AM (Tony) P N V’landys AM (Peter) Dr S Cooke (Saranne) CHAIRMAN DEPUTY CHAIRMAN RACING NSW Re-appointed Re-appointed Re-appointed CHIEF EXECUTIVE 19 December 2019 19 December 2019 19 December 2019 Appointed 23 February 2004 Attended 11 meetings Attended 12 meetings Attended 12 meetings Attended 12 meetings S Tuxen (Simon) A Shepherd AO (Anthony) The Hon G Souris AM M Crismale (Michael) Re-appointed Re-appointed (George) Appointed 20 December 2018 20 December 2018 20 December 2018 Appointed 19 December 2017 Attended 12 meetings Attended 12 meetings Attended 11 meetings Attended 12 meetings FUNCTIONS OF THE BOARD Under section 13(1) of the Thoroughbred Racing Act in the State and the protection of the public interest (NSW) 1996, the Board has the following functions: as it relates to the horse racing industry, a) all the functions of the principal club for New South d) functions with respect to the insuring of participants Wales and committee of the principal club for New in the horse racing industry, being functions of the South Wales under the Australian Rules of Racing, kind exercised by the AJC on the commencement of b) to control, supervise and regulate horse racing in the this section, and such other functions with respect State, to insurance in the horse racing industry as may be b1) such functions in relation to the business, economic prescribed by the regulations, development and strategic development of the horse e) such functions as may be conferred or imposed racing industry in the State as are conferred or on Racing NSW by or under the Australian Rules of imposed by this Act, Racing or any other Act, c) to initiate, develop and implement policies f) such functions with respect to horse racing in considered conducive to the promotion, strategic New South Wales as may be prescribed by the development and welfare of the horse racing industry regulations. Annual Report 2020 2 CHAIRMAN’S REPORT The Hon. Kevin Anderson, MP turn provided a significant boost to the racing Minister for Better Regulation and Innovation economy (Race Fields, Tax Parity and Point of Parliament House Consumption Tax). During the year, Racing NSW joined with Macquarie Street, Sydney NSW 2000 several of the State’s race clubs in hosting and promoting a number of significant racing Dear Minister, events which not only reflected on the importance of the NSW Thoroughbred Racing n accordance with Section 30 of the Industry, but also assisted the Government Thoroughbred Racing Act 1996, I am and its various agencies in promoting New Ipleased to submit to you the 24th Annual South Wales as a major destination. Report of Racing NSW (formerly the NSW These races included the various Thoroughbred Racing Board) covering the events which made up the two days of period 1 July 2019 to 30 June 2020. The Championships and The Everest, which Despite the difficulties faced by the industry retained the mantle of Australia’s richest race following the outbreak of the Coronavirus and the world’s richest race on turf and COVID-19 pandemic, I am pleased to report The Kosciuszko. that overall, the NSW Thoroughbred Racing Russell Balding AO In addition, Racing NSW expanded and Industry once again had a very successful year. Chairman enhanced the Spring Carnival with several This is borne out by the fact that, even allowing other new races of significance being for the effects of the Coronavirus pandemic, successfully conducted, including the $7.5 the NSW Thoroughbred Racing Industry million The Golden Eagle, The Hunter, and continued to operate successfully with returns The Gong which extended the Sydney and to owners increasing beyond the previous year’s returns. NSW Spring Carnival to mid-November. Thoroughbred racing in New South Wales contributes some The immediate success and public acceptance of The Golden $3.58 billion annually to the NSW economy with more than $1.93 Eagle can be gauged by the fact that turnover on the event billion of this economic contribution occurring in regional New exceeded turnover on the VRC Derby held on the same day. South Wales. Importantly, the conditions of the race provided that 10% of This economic contribution includes more than 27,600 full- all prizemoney ($750,000) was directed to various charitable time-equivalent jobs, with 17,700 of these being in regional and organisations throughout the State as nominated by the rural New South Wales. As such, it was critically important that connections of the starters in the race. our industry continue to operate during these extremely difficult Racing NSW continues to support Country and Provincial and extraordinary times. racing and apart from funding the Country and Provincial The support given to the industry by the NSW Government Championships and The Kosciuszko, The Hunter and The Gong, in facilitating the continuing conduct of racing activities when Racing NSW also arranged for significant prizemoney increases much of the State was faced with a severe lock-down not only for many of the annual cups and other feature races conducted demonstrated strong leadership, but also sound economic by Country race clubs. management and was very much appreciated. This allowed us These prizemoney increases enhanced the status of those to protect the incomes and livelihoods of the vast numbers of meetings in their respective regions and provided a fillip participants involved in the industry. for country racing participants, many of whom have been I must also take the opportunity of congratulating the significantly affected by drought and bushfires which have management and staff of Racing NSW for their enormous efforts ravaged many parts of the State. in implementing and overseeing the very strict bio-security During the year we continued to expand our world’s best protocols put in place to ensure racing in New South Wales practice Equine Welfare Program which incorporates Racing continued. I also thank the industry’s participants because, NSW’s rehoming operations as well as the key joint ventures and without their strict adherence to the protocols and conditions, partnerships with community and charity groups. the industry would not have been able to carry on. In furtherance of its strategy to future-proof the industry by Board meetings were held on 12 occasions throughout this acquiring landholdings and other assets, Racing NSW continued period and I again acknowledge the contributions and support negotiations to acquire, the Moruya, Cessnock and Tuncurry/ of my fellow Board Members who possess an excellent mix of Forster Racecourses. financial, commercial and industry experience. These negotiations were successfully finalised in the early part During the year, with your support, the Government introduced of the 2021 financial year. We are also continuing to locate and the Better Regulation Legislation Amendment Bill 2019 into the acquire a suitable site in an area on the outskirts of Sydney to Parliament. This legislation had the effect of amending Section 6 establish a large-scale training complex. (4) of the Thoroughbred Racing Act 1996 allowing Board members On behalf of the Board I thank and acknowledge the Chief of Racing NSW to serve a total of 10 years on the Board. Executive, Peter V’landys AM and the staff of Racing NSW who Enactment of this amendment then allowed you to approve continue to provide outstanding service to the Board and the the re-appointment of the Deputy Chairman, Mr Tony Hodgson NSW Thoroughbred Racing Industry and should be congratulated AM and myself for a further two-year term. At that time, Dr on their achievements during the year. Saranne Cooke was also reappointed for a further term of office Finally, I would like to thank you and your personal staff, as well and I congratulate both Tony and Saranne on their well-deserved as your Departmental Officers for your assistance and support re-appointments. during the year and I look forward to working with you during the On the legislative front, you also arranged for the enactment of upcoming year for the further enhancement and development of the Racing Legislation Amendment Act 2019 which, among other the NSW Thoroughbred Racing Industry. things, permits Racing NSW to use compulsion powers to require persons to provide information for the purposes of a special inquiry. This was a much-needed amendment and will improve Yours Sincerely the integrity of the NSW Thoroughbred Racing Industry.