Gai Waterhouse has slammed the report recommending a merger of Sydney's two race clubs and implored the NSW government not to rush into a decision.Speaking from London where she is currently holidaying, Waterhouse - whose husband Robbie and son Tom are both bookmakers - also weighed into the issue of corporate bookmakers saying NSW has to move with the times and make conditions enticing for them to return to the state."Rot, absolute rot," Waterhouse said on Sydney's Sky Sports Radio on Monday wh

Gai Waterhouse has slammed the report recommending a merger of Sydney's two race clubs and implored the NSW government not to rush into a decision.

Speaking from London where she is currently holidaying, Waterhouse - whose husband Robbie and son Tom are both bookmakers - also weighed into the issue of corporate bookmakers saying NSW has to move with the times and make conditions enticing for them to return to the state.

"Rot, absolute rot," Waterhouse said on Sydney's Sky Sports Radio on Monday when asked her thoughts on the Ernst & Young report released last month.

"It's pie in the sky...they should be ashamed of themselves for reporting this. They haven't got the facts and all they're doing is causing an enormous uproar and people to shadow box.

"I don't agree with it. I'll tell you their biggest problem is they can't see that the most important part, the priority, is racing and training and they don't give it any priority."

The Ernst & Young report was commissioned at the request of Gaming and Racing Minister Kevin Greene to independently analyse a possible merger between the Australian Jockey Club and Sydney Turf Club, as well as the Gosford and Wyong race clubs on the Central Coast.

The report found that having one "super club" in Sydney would be the best option, saving millions of dollars each year that could be used to boost prizemoney and improve facilities.

Waterhouse said that having two clubs in Sydney ensured competition and any decision on a merger needed to be considered and debated over a long period of time.

"I'm against how they're going about it," Waterhouse said.

"Firstly, I don't think anything done hastily is done well.

"Why this decision by the Minister has to take place in two weeks is ludicrous. He's been very poorly informed and virtually no-one in racing wants this to happen.

"I think there have been forces at play to get the government to do this which is why I'm worried and other people in racing are worried."

She also spoke strongly on the issue of corporate bookmakers and the leakage of NSW's wagering dollars interstate.

She believes the solution is to entice high profile bookmakers such as Colin Tidy, Michael Sullivan, Con Kafataris and her son Tom - who all run their businesses from another state - back to NSW by changing the conditions they operate under.

And Waterhouse said Racing NSW should not be going to court against the corporate bookmakers over fees.

"They (Racing NSW) should throw the towel in. There shouldn't be a court case, you've got to move on," Waterhouse said.

"People want to bet that way nowadays and if that's the way they want to bet then you have to cater for it.

"There is no money on racetracks anymore."

The six-time premiership-winning trainer said the different sectors of the industry needed to work together to ensure racing in the state moved forward.

"We have one job to do and that's to make sure racing prospers in NSW," Waterhouse said.

"Currently it seems that all the different factions are tugging against each other."

Waterhouse will attend the July Cup meeting at Newmarket on Friday to watch Australian sprinters Scenic Blast and Takeover Target compete before returning home later this month.