WAP announcement for March 2023
Greyhound Racing SA Limited (GRSA) advises participants that there is no Wagering Activity Payment (WAP) for the month of March 2023.
As participants are aware, the WAP calculation is based on the net wagering revenue generated each period. As can be seen from the chart below, wagering revenue has fallen dramatically in February and March (compared to the previous financial year). The combination of increased base stakemoney (which started from 1st January 2023) and reduced revenue has resulted in there being no WAP payable.
