The Greyhound Syndicates Policy has been developed to formally outline the registration requirements for syndicates and promoters, as the new Greyhound Racing Rules do not include requirements for these.  The new policy is effective from 1 May 2022.

The new policy introduces Public and Private Syndicates and phases out Partnerships. Existing partnerships will remain unaffected, but no new partnership applications will be accepted.

A Private Syndicate refers to a syndicate of at least two people that is formed for the purpose of owning a greyhound. Members of a private syndicate must know each other before forming a syndicate.

There is no limit to the number of members a Private Syndicate may have.

A Public Syndicate is a syndicate formed for the purpose of owning greyhounds but is formed through a public offer that is open to anyone. Public syndicates must be registered as a company and hold an Australian Financial Services Licence (AFSL).

Promoters of Public Syndicates must hold a GWIC Promoter registration, as required by the Greyhound Racing Regulation 2019.

Both Syndicate groups are required to be registered with GWIC, however individual Syndicate members are no longer required to have a GWIC registration. This means Syndicate members will no longer be subject to the Fit and Proper Person Test or a Criminal History check.

The Syndicate Manager, however, must hold a Greyhound Owner registration as they are the individual responsible for making decisions in relation to the greyhound’s welfare, including keeping or rehoming the greyhound at the end of its racing career.

The Greyhound Syndicates Policy has been developed in consultation with key industry bodies including, GBOTA, GRNSW and GIPAC.

Read the Policy in full here.

Frequently Asked Questions (FAQs) about the Syndicates Policy can be found here.