Racing’s three codes in Queensland have merged into one controlling body from Thursday - Racing Queensland Limited (RQL).

The chairman of the operation, Bob Bentley, said the amalgamation of Queensland racing’s controlling body will have far-reaching positive consequences for stakeholders in the thoroughbred, harness and greyhound industries.

“The efficiencies and synergies available to a single organisation, controlling and directing the future of racing, are a huge step forward over the previous silo type approach,” Bentley said.

“Prizemoney is close to the hearts of all racing participants and it has always been my position that prizemoney should be funded through recurring revenue streams to ensure its regularity and sustainability.

“These efficiencies and synergies will allow Racing Queensland far more flexibility in the allocation of prizemoney and moreover the ability to greatly influence wagering revenue through a coordinated approach to the state’s racing calendar across all codes of racing.

“The financial contribution from the Queensland State Government, effective July 1, of $80m recognising the racing industry’s contribution to the Queensland state economy, will provide upgrades of sustainable infrastructure for racing in Queensland.”

The new RQL board consists of Bob Bentley (chairman), Tony Hanmer (deputy chairman), Bob Lette, Bill Ludwig, Wayne Milner, Bradley Ryan and Kerry Watson.

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