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2012 Annual Report - Racing NSW

2012 Annual Report - Racing NSW

2012 Annual Report - Racing NSW

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Mission Statement<br />

To establish a dynamic <strong>NSW</strong> Thoroughbred <strong>Racing</strong> Industry<br />

which advances participation, ensures integrity and delivers<br />

quality racing at all levels.<br />

Vision<br />

Provide a committed, user-friendly, professional and cost-effective administration which uses best<br />

business practice in serving all aspects of the <strong>NSW</strong> Thoroughbred <strong>Racing</strong> Industry.<br />

Provide Leadership and Strategic Direction to ensure the <strong>NSW</strong> Thoroughbred <strong>Racing</strong> Industry achieves<br />

revenue growth, profitability and greater returns to Owners and Industry Participants.<br />

Provide a <strong>Racing</strong> Product that appeals to all demographics, and takes all actions necessary to<br />

guarantee integrity and confidence in the sport.<br />

Maximise betting turnover on <strong>NSW</strong> Thoroughbred race meetings by accommodating punters’ needs<br />

and desires, and work with wagering operators to promote new wagering products that reflect<br />

changes in demand.<br />

Chairman’s <strong>Report</strong>...........2<br />

Chief Executive’s <strong>Report</strong>...3<br />

Industry..........................8<br />

Regulatory....................12<br />

Integrity........................18<br />

Veterinary Services........20<br />

Contents<br />

Laboratory....................22<br />

BOBS............................24<br />

Industry Training............26<br />

<strong>NSW</strong> Jockeys Trust.........27<br />

Appeals........................28<br />

Marketing & PR.............30<br />

Insurance......................32<br />

IT..................................35<br />

Group & Listed Winners...36<br />

Financial Statements .....38<br />

Front cover: Sydney’s champions for last racing season – Streama (<strong>NSW</strong> Horse of the Year); (L-R): Hugh Bowman (George Moore<br />

Award), Chris Waller (TJ Smith Award & Bart Cummings Medal) and Chad Schofield (Theo Green Award)<br />

Under section 13 (1) of the Thoroughbred <strong>Racing</strong> Act<br />

(<strong>NSW</strong>) 1996, the Board has the following functions:<br />

a. all the functions of the principal club for New South Wales and<br />

committee of the principal club for New South Wales under the<br />

Australian Rules of <strong>Racing</strong>,<br />

b. to control, supervise and regulate horse racing in the State.<br />

b1. such functions in relation to the business, economic development<br />

and strategic development of the horse racing industry in the<br />

State as are conferred or imposed by this Act,<br />

c. to initiate, develop and implement policies considered<br />

conducive to the promotion, strategic development and<br />

Functions of the Board<br />

welfare of the horse racing industry in the State and the<br />

protection of the public interest as it relates to the horse<br />

racing industry,<br />

d. functions with respect to the insuring of participants in the<br />

horse racing industry, being functions of the kind exercised by<br />

the AJC on the commencement of this section, and such other<br />

functions with respect to insurance in the horse racing industry<br />

as may b prescribed by the regulations,<br />

e. such functions as may be conferred or imposed on <strong>Racing</strong> <strong>NSW</strong><br />

by or under the Australian Rules of <strong>Racing</strong> or any other Act,<br />

f. such functions with respect to horse racing in New South Wales<br />

as may be prescribed by the regulations.

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