Major racing events on the Gold Coast remain in a dire situation as crisis meetings between the state and industry body continues.
Premier Annastacia Palaszczuk is in talks with racing officials over a new betting tax that would see the industry lose millions of dollars.
As a result of this racing officials have walked off the job around the State.
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On the Gold Coast, there’ll be no live racing tomorrow for the Cox Plate.
Gold Coast Turf Club’s Luke Henderson says the industrial action is costly but necessary.
“We’re known for racing locally every Saturday and we don’t want that affected,” he told MyGC.
“We are going to see a reduction of numbers on track, and in income, tomorrow.
“Hopefully it’s a short-term pain for long-term gain.”
The Opposition says the Gold Coast Turf Club would lose around $300,000 from not holding live races on Cox Plate Day.
Shadow Minister for Racing John-Paul is concerned about the future of the Gold Coast’s racing industry.
“I’m confident there’ll always be an industry here but when we have prize money that is 45 per cent less than New South Wales when a decade ago it was 70 per cent, it makes sense that some trainers will go over the border,” he said.