The NSW government is refusing to back down on its decision to ban greyhound racing after meeting industry leaders.
Premier Mike Baird and his deputy Troy Grant announced an estimated $30 million to help the industry through the changes following a meeting with the owners and breeders association on Thursday.
The money will be raised by a new greyhound racing wagering tax.
Mr Baird said he had no choice but to enforce the changes after a Special Commission of Inquiry report found up to 68,000 greyhounds deemed "uncompetitive" had been slaughtered in the past 12 years and nearly a fifth of trainers used live animal baits.
"Industry use the term wastage. I prefer dog slaughter, because that's what it is. Dogs are being slaughtered," he told reporters at the RSPCA veterinary hospital in Sydney's south west on Thursday afternoon.
While NSW Greyhound Breeders, Owners and Trainers Association chief executive Brenton Scott called the meeting productive and said the government was open to a response from the greyhound industry, he said legal options to fight the ban were "absolutely" still being explored.
"We're asking for a fair go to continue our capacity to demonstrate change," Mr Scott said on Thursday.
NSW natural resources commissioner Dr John Keniry has been appointed to co-ordinate the end of the sport and guide the distribution of funds raised from the wagering tax between now and July 1, 2017.
