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Racing NSW has today announced that it had reached agreement with Tabcorp on a series of important initiatives that future proof the industry:

1. Extension of certain key agreements through to 2031. This includes international pooling, free to air rights for 52 Saturdays and the continued funding of the Golden Eagle.

2. Approval for the implementation of the National Tote, which has the potential to further grow revenues and provides more opportunities for punters through larger totalisator pools.

3. Racing NSW to manage Sky Thoroughbred Central, which will see new programs and initiatives to promote the NSW Thoroughbred Racing Industry and make the channel more appealing to new audiences.

Racing NSW Chief Executive Peter V’landys AM said: “These announcements future proof the industry and ensure that our participants and clubs can continue to benefit from these important revenue streams.

“Further to this, more revenue for the NSW Thoroughbred Racing Industry is expected to be generated from the introduction of a National Tote.

“The totalisator is an important part of the wagering market, and the National Tote can further stimulate tote betting through larger pools which make the pools more elastic. This ensures better value and more opportunities for punters.

“The innovations with Sky Thoroughbred Central are also significant. Racing is competing in a modern media environment, and we need to keep improving how the sport is presented, promoted and consumed.

“This agreement ensures that the NSW Thoroughbred Racing Industry has a platform to promote not just the races themselves, but also the horses and participants to showcase the sport to new audiences.”