Opposition Leader Luke Foley has accused Premier Mike Baird of "jumping the gun" after his sensational decision to shut down NSW's greyhound racing industry, claiming state parliament should have been given the opportunity to debate the Special Commission of Inquiry's findings.

Foley, who also previously acted as shadow racing minister and has been a regular at thoroughbred racetracks throughout the state, slammed the NSW Government's decision to close the industry by July 1 next year without consulting the chamber.

The decision will lead to thousands of employees and participants ending up out of work after the Special Commission, chaired by former High Court Justice Michael McHugh, was formed in the wake of ABC's Four Corners exposing barbaric practices to blood greyhounds by a number of trainers.