The Tamworth Greyhound Racing Club held a race meeting on Saturday where just a tick over 30 dogs raced.
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President Robert Munn described those numbers as "very disappointing" and said he knew why the numbers were so low.
"The prizemoney," he said.
"You can race for $250 or wait for when they go around in Gunnedah.
"The other five races [on Saturday] were $400 [for the winner] and in Gunnedah, they're of the same calibre, but it's $1700."
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Munn said the club was a whisker away from canning the meeting.
"We were close to it yesterday," Munn said.
"I think we only had 37 nominations and then four scratchings on top of that - so 33 dogs."
In a statement, a Greyhound Racing NSW spokesperson said they were continually reviewing prizemoney levels and working with clubs.
They also said a drop in breeding numbers had impacted the number of dogs available for meetings.
"In recent times GRNSW has transitioned a number of non-TAB tracks into TAB tracks and this is an ongoing process," a GRNSW spokesperson said.
"As such a club like Gunnedah has gone from racing 16 times at non-TAB level to now racing 26 times at TAB level, which gives participants in those regions more options and opportunities to race at a TAB venues for TAB prizemoney.
"We do however understand that there is a place for non-TAB racing, and we have, and will, continue to make every effort to support non-TAB racing and those clubs.
"And what we must not forget is that breeding numbers have been significantly reduced in recent years as a result of industry reforms, and this would naturally impact numbers of dogs available for meetings, in particular non-TAB racing."
Munn has made contact with GRNSW and plans to do so again to discuss the issues.
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