The Liberal Government’s huge broken promise to the racing industry is now confirmed in black and white.

A statement from Tasracing indicates stakes money will be cut across all three codes by 13%.

“This is a massive broken promise from the Liberals and a blow to owners, trainers and jockeys,” Shadow Racing Minister Scott Bacon said.

“The Liberals have wiped off more than $2.5 million from stakes across the board.

“Today’s announcement is in stark contrast to the promise the Liberals made to actually increase stakes money before the election.”

A Liberal press release February 26 2014 said “boosting stakes across all three racing codes will be a priority for a majority Liberal Government, as this is the key to driving growth in the industry”.

“The Premier and Racing Minister should hang their heads in shame,” Mr Bacon said.
Scott Bacon MP Shadow Racing Minister