Ladbrokes has doubled down on its
commitment to Tasmanian racing announcing $150,000 in additional funding with
benefits flowing directly to participants across the state.
The COVID-19 forced shutdown of
racing in Tasmania has seen 11 thoroughbred meetings, 20 harness meetings, and
31 greyhound meetings removed from the calendar, putting
significant financial pressure on racing clubs, participants and the
industry as a whole.
Supported by a range of stringent
bio-security measures racing will return this Sunday, with a thoroughbred
meeting at Ladbrokes Racing Centre Mowbray, a harness meeting at Ladbrokes Park
Elwick that evening and then a greyhound meeting back at Mowbray on the evening
of Monday, 15 June.
Ladbrokes, which is the official
wagering partner of Tasracing, has committed an additional $150,000 in funding
to help the industry get back on its feet and support those participants
who have battled through the COVID-19 period.
The initiative will see Ladbrokes fund
a cash bonus to every runner at each of the relaunch meetings this Sunday and
Monday via the “Ladbrokes Fast Start Bonus” with $300 for every
thoroughbred starter, $200 for each harness starter and $100 for every greyhound.
In addition, the “Ladbrokes Racing’s
Back Boost” will see every race in Tasmania from June 14th to June
25th carry additional prizemoney, with every cent going straight into the
pockets of hardworking participants across all three codes.
Across the eligible period every
winner of a thoroughbred race will pocket an extra $2500 in prizemoney, while
an additional $850 will be paid to every harness race winner and an extra $350
to every greyhound winner.
“We are extremely
committed to our partnership with Tasracing and we are delighted to see racing
in Tasmania making its long-awaited return this weekend,” Ladbrokes CEO Dean
“The strength and resilience participants have shown
during an incredibly stressful period must be admired and we are pleased to be
able to give back to those participants through the Ladbrokes Racing’s Back
Boost and the Ladbrokes Fast Start Bonus.
“We are confident that Racing in
Tasmania will quickly rebound from this shutdown and we are looking forward to
what shapes as an excellent weekend of racing.”
Tasracing CEO Paul Eriksson said
the naming rights partnership with Ladbrokes for the state’s racetracks,
carnivals, major race days and digital products was of critical importance to
“The fact that Ladbrokes has
stood by Tasracing and the state’s racing participants, and is now providing
additional support as we restart racing, speaks volumes about the company and
the high regard in which it holds our relationship,” he said.
“Like Ladbrokes, we are
confident that the industry will bounce back quickly when we resume at the
“The additional support
provided by Ladbrokes will mean additional prizemoney initially will boost that
Breakdown of the Ladbrokes funding:
Ladbrokes Fast Start Bonus
Paid on first meeting back for each code.
- Thoroughbreds $300 per runner at Ladbrokes Racing Centre Mowbray on Sunday
- Harness $200 per runner at Ladbrokes Park Elwick on Sunday evening
- Greyhounds $100 per runner Ladbrokes Racing Centre Mowbray on Monday
Estimated Total: $58,000
Ladbrokes Racing’s Back Boost
Prizemoney boost for every race in Tasmania from June 14 to June
- Two x thoroughbred meetings (June 14 & 21)
- $2500 extra payable to EVERY winner for all races during this period.
- 20 Races ($50,000)
- Three x Harness meetings (June 14, 19 & 21)
- $850 extra payable to EVERY winner for all races during this period.
- 25 races = ($21,250)
- Six x Greyhound meetings (June 15,16,18,22,23&25)
- $350 payable to EVERY winner of all races during this period.
- 60 races = ($21,000)
Estimated Total: $92,250
further enquires contact:
Hackett – Head Of Content