Sport is made for betting

Must admit this one caught me by surprise. Initially Betfair had won the case alleging Racing NSW had discriminated against them and in favour of their bed partners Tabcorp in charging a 1.5% turnover fee for the use and publication of NSW race fields. Racing NSW appealed the verdict and were today awarded an unanimous verdict in their favour, despite clear evidence that Racing NSW do everything possible in their power to support Tabcorp. Racing NSW wins Federal Court decision The financial future of racing in NSW is secure following a decisive legal victory for Racing NSW over corporate betting agencies in the Federal Court today. Racing NSW executives were elated when three Federal Court handed down a unanimous ruling upholding the right of the NSW racing authority to impose a 1.5 per cent tax on turnover from all wagering operators covering NSW racing. Naturally Peter V'Landys is claiming victory and that his judgment as supreme ruler of NSW racing should never...