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New Zealand provides racing industry with $72.5m support package

13th May 2020 10:41 am GMT
SBTech

The government of New Zealand has announced a NZ$72.5m (€40.7m) COVID-19 emergency support package for the racing industry.

The support package consists of a $50m relief grant for the Racing Industry Transition Agency (RITA), up to $20m in funding to construct two new All Weather race tracks, and $2.5m for the Department of Internal Affairs to fast track work on online gambling revenue, and address loss of revenue impacts on community and sports groups.

“We can’t gild [...]

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