NSW government to fund greyhound prize

Just two years after announcing a ban on greyhound racing, only to reverse it six weeks later, the NSW government announced on July 31 it will provide $500,000 in prize money to the industry to create the richest greyhound racing event in the world.

The inaugural Million Dollar Chase will consist of a series of qualifying finals in regional areas, before culminating in a finals series at Wentworth Park.

Opposition Leader Luke Foley criticised the action, pointing out the government does not contribute taxpayer money for prizes in any other racing codes.

"This is nothing more than a very expensive sorry note from this government to the greyhound industry," he said.