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V'Landys lays down new rules to Victorians

Melbourne racing bodies were left in no doubt about the new ground rules of Australian race programming after Racing NSW chief executive Peter V'Landys spoke on local radio on Monday morning.

Victorian racing organisations have been unhappy about Racing NSW's decision to invade their traditional turf by programming the $10 million Everest on the same day as the Melbourne Racing Club's Caulfield Guineas meeting on October 14.

V'Landys told RSN927 Victoria no longer had a right to monopolise the spring racing period because "the wagering landscape has changed" and Racing NSW had to compete for the betting dollar in the spring.

V'Landys said the revenue streams derived from betting had changed over the last 20 years with the introduction of corporate bookies into Australia forcing new thinking from administrators.

"If a NSW punter bets with a corporate bookmaker on a Melbourne meeting, we get nothing," V'Landys said.

"We are competing for the wagering dollar.

"Like it or not, we are in competition with each other. If a punter bets at Flemington and Racing Victoria gets the revenue, great, but Racing NSW misses out.

"My job is to the maximise the revenues for NSW racing and that's exactly what I'm going to do and I should have every opportunity to do so in any manner I have at my disposal."

The Racing NSW boss said the Victorians should welcome the increased competition for the betting dollar because he believed it aided the improvement of racing in Australia.

V'Landys said he would not have a problem if Victorian clubs decided to alter their autumn programmes to clash with the traditional Sydney racing in that period.

"I'd be hypocritical if I thought anything else. I think competition improves everyone's performance," V'Landys said.

"I would try harder and promote harder during the autumn.

"Incumbency doesn't mean you're going to be there forever. If you don't create competition, you become apathetic and do nothing."



Tuesday, 18 July 2017