Investor Presentaiton
Racing Infrastructure Fund
The Government has listened to the industry and has agreed to establish a racing infrastructure fund equal to the
amount of 35 percent of the net sale proceeds from the sale of the TAB
Rationale for the Fund
1
Recognises that the racing industry is the key beneficiary of
the TAB under current legislation. An infrastructure fund
remunerates the industry for changing these arrangements
2
Assists in ensuring race tracks are of sufficient quality and
condition to meet the racing industry's commitments to
supply quality racing products under the RDA
•
•
Administrative details for how infrastructure
requirements are assessed, funding requests
considered and expenditure prioritised, would be
developed in consultation with RWWA
Expenditure from the infrastructure fund will be
subject to business case assessments to ensure
the money is well spent and provides maximum
benefit to the three racing codes
3
Aligns the interests of the State and racing industry to
optimise sales proceeds
Consultation Forums | Future of the Western Australian TAB
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