Premier Campbell Newman says his government has been focused on investing in the racing industry, which provides an income for 30,000 Queenslanders.
He says the investment in Gold Coast Turf Club was met with an impressive crowd at this year’s Melbourne Cup.
“The first phase of Gold Coast Turf Club’s redevelopment saw a new grandstand lounge, bar and restaurant facilities, as well as the 10 new corporate boxes,” says Newman.
“The second phase, which is scheduled to begin next year, will mainly see improvements to the racing and training surfaces, which will significantly improve the quality of racing in the region.
“Judging by the impressive crowds at the club today, Gold Coast racing is on the up.”
Racing minister Steve Dickson said the Gold Coast redevelopment was creating local jobs and boosting the region’s economy.
He says a new 30-year wagering deal with Tatts Bet has cemented the future of Queensland racing.
“Thanks to this great deal, stakes on the Gold Coast are rising by 23 per cent,” Dickson says.
“That money will help secure the future of thousands of Gold Coast families who rely on racing.
“We know that racing provides 30,000 Queenslanders with jobs, so it’s vital that the Newman LNP Government presses on with its strong plan for the industry.”
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