Stakemoney Outcomes from October Board Meeting
Following recent consultation, the following stakemoney outcomes were resolved at the GRSA Board Meeting of October 15:
- The Maiden bonus payment will be restored to $1,000 from $500 with effect from November 1, 2020.
- The reduction to payments for Group races and other feature events will continue through until 30 June 2021. This will mean that the value of those reductions will flow-through (positively) to the WAP framework.
- The date for the cessation of the Group Race Superbonus Scheme will not be brought forward and that initiative will continue through until 30 June 2022 as previously advised.