The ACT Government has today signed an inaugural Memorandum of Understanding (MoU) with the Canberra Racing Club, the Canberra Harness Racing Club and the Canberra Greyhound Racing Club, outlining the strategic agenda for the local racing industry over the next four years.
ACT Minister for Gaming and Racing Joy Burch said the MoU represents a strengthened resolve from the Government and the racing clubs to work together on major initiatives such as the proposal to co-locate the three codes, which is the subject of a feasibility study funded in the 2013-14 Budget.
“This MoU signifies the importance that both the Government and the local clubs place on the ongoing relationship we have in supporting a vibrant and viable racing industry for future generations of Canberrans to enjoy,” Ms Burch said.
“Whilst outlining the medium to longer term objectives shared by all parties, the agreement will also help to guide our work in addressing the more immediate challenges facing the industry.”
Ms Burch said issues including ongoing funding requirements, an increase in the popularity of on-line racing products and the need to consider future operational arrangements, including the exploration of possible co-location options, are all critical matters that the Government andthe industry will continue to work on together.
“The MoU reinforces both the Government’s and the clubs’ commitment to co-operatively progress key initiatives aimed at strengthening the long-term viability of this important industry.”