iskander

Track upgrade deal dependent on merger


A $175 million deal to upgrade Randwick and Rosehill racecourses will be contingent on a merger between Sydney’s two thoroughbred racing clubs.

The NSW government has confirmed the package will include funding for a new Queen Elizabeth II stand at Randwick.
AJC-plan-for-Randwick-6480660

It will also provide for a refurbishment and alterations to the Fleming stand at Rosehill as well as other improvements to the racecourse’s infrastructure.

Funding for the upgrades will be provided by the introduction of the TAB simulated racing game Trackside.

Trackside will be reclassified from a gaming to a wagering product.

To secure the deal, the Australian Jockey Club and the Sydney Turf Club must form a single entity.

A merger has to be voted on by members from each club.

“This initiative of the Keneally Government will provide the means by which racing in Sydney will again become the place to be, with world-class facilities at both Royal Randwick and Rosehill Gardens,” Racing NSW chairman Alan Brown said.