As Racing NSW fights desperately to hang onto its ridiculous racefields legislation based on turnover tax and discriminating against competitive operators, Racing Queensland have seen common sense and elected to follow the Victorian model.
One-horse maiden against corporate bookies
RACING NSW, the men and women who would run racing in Australia (and thank God they don't), has been further marginalised in the battle of philosophies on how best to make all the sport's stakeholders pay their way.
The new ruling body of greyhounds, trots and thoroughbred racing in Queensland has struck an important agreement with corporate bookmakers on how to collect fees for using the state's race fields.
And it is not the one that Racing NSW has spent a fortune in court fees to establish and defend. Racing Queensland has fallen into line with Victoria and other racing jurisdictions which use a gross revenue formula to collect product fees.
The Racing NSW v Betfair and Sportsbet appeals may take until 2011 before decisions are released, but it's fairly obvious what the rest of industry thinks will happen. Peter V'Landys is single-handedly destroying horse racing in NSW with his pig-headed and outdated ideas.
One-horse maiden against corporate bookies
RACING NSW, the men and women who would run racing in Australia (and thank God they don't), has been further marginalised in the battle of philosophies on how best to make all the sport's stakeholders pay their way.
The new ruling body of greyhounds, trots and thoroughbred racing in Queensland has struck an important agreement with corporate bookmakers on how to collect fees for using the state's race fields.
And it is not the one that Racing NSW has spent a fortune in court fees to establish and defend. Racing Queensland has fallen into line with Victoria and other racing jurisdictions which use a gross revenue formula to collect product fees.
The Racing NSW v Betfair and Sportsbet appeals may take until 2011 before decisions are released, but it's fairly obvious what the rest of industry thinks will happen. Peter V'Landys is single-handedly destroying horse racing in NSW with his pig-headed and outdated ideas.
Poor old Pete's gone begging to Tabcorp after being turned down for a loan from normal lenders.
ReplyDeleteThis must destroy any suggestion that Racing NSW is an independent regulator capable of dealing with all betting operators fairly.