Racing Queensland has announced its Chief Executive Officer Jason Scott will conclude his term in 2025.
Earlier this week, Mr Scott, who joined RQ in early 2023, confirmed he would be leaving his post later this year, ensuring a smooth handover to his eventual successor.
During his time leading RQ, Mr Scott’s strong wagering background has proven highly beneficial, with the overall degradation of the Australian wagering market, recalibrating after the highs experienced during the global pandemic, impacting all jurisdictions including Queensland.
Having previously enjoyed successful stints as the CEO of Ladbrokes Australia and Vice President Trading, VIP and Retail Operations for BetMGM, RQ was able to maintain its increasing market share during Mr Scott’s tenure, whilst also delivering record-breaking revenue, returns to participants and prize money.
“I’ve thoroughly enjoyed my time leading the Queensland racing industry,” Mr Scott said.
“It’s been incredibly challenging, and equally rewarding, to work in an industry that is my passion, but there are other challenges that I would like to pursue.
“While I am not leaving immediately, ensuring the Board can conduct a thorough process to appoint my successor, there are many things to look forward to including three highly anticipated Winter Carnivals, new stables in Townsville and lights in Redcliffe and the grand opening of the world’s best greyhound venue at The Q.”
During his time leading RQ, Mr Scott has overseen the completion of the $70 million Gold Coast Turf Club redevelopment, with Aquis Park hosting its first night meeting late last year.
The GCTC also hosted Australia’s richest ever night race meeting last week when The Star Gold Coast Magic Millions was staged under lights.
RQ Chair Steve Wilson AM said he was grateful for Mr Scott’s service over the past two years.
“Jason has done a stellar job in his successful tenure as CEO,” Mr Wilson said.
“The economic headwinds have been challenging since he assumed the role, but he has taken that in his stride, growing our revenue, market share and stature as a racing jurisdiction.
“He has also served with distinction on the Racing Australia Board and as its representative on the Asian Racing Federation Executive Council.
“The Board and I are thankful for the sterling job that Jason has done and we look forward to him continuing to do so during his transition.”
RQ will commence advertising for its new CEO in the near future with Mr Scott expected to remain with the organisation until early in the new financial year.