With the conclusion of the 2014/15 Financial Year, HRSA wishes to advise of some of the key achievements over the past 12 months:
Market Share Increase
- Harness Racing final Market Share as at 30 June 2015 – 12.68%.
- This is the second consecutive year of growth in market share.
- This was achieved despite having Saturday night racing on Sky 2 for half of FY 14/15.
Strong Operating Profit
- HRSA have recorded a strong operating profit for FY 14/15 (subject to audit).
- This is the second consecutive year of an operating profit.
Prizemoney Increase
- For the first time in several years, HRSA increased total prizemoney by $300,000 in February 2015.
New Sky Channel Agreement
- The new agreement with Sky Racing will provide long term certainty for our code including guaranteed Sky 1 coverage.
- Currently we have Sky 1 coverage on around 68% of all race meetings. The new agreement guarantees coverage on Sky 1 for at least 80% of all race meetings including all Mondays, all Friday Nights and a minimum of 26 Saturday Nights.
- If we exceed specific KPIs, there is the possibility of having more race meetings on Sky 1 on Saturday nights.
Integrity and Animal Welfare
There have been significant improvements in racing integrity and animal welfare including:
- the appointment of Barbara Scott as Chair of Stewards,
- pre and post-race swabbing,
- stewards raceday observations and stable inspections,
- increased enforcement of the rules of racing including penalties,
- appointment of an Animal Welfare Officer and animal welfare policies, and
- mandatory drug and alcohol awareness programs.
More information:
John Lewis, CEO – Ph: 0417855300