Australia's biggest betting company, the once government-owned and still heavily protected by said powers, Tabcorp, are pushing out the tripe to rub Betfair and corporate bookmaker's noses in it after the Racing NSW v Betfair court ruling yesterday. How about this piece of tripe from Sydney's biggest daily paper, masquerading as Tabcorp's weekly newsletter, the Daily Telegraph. Racing bet case bonanza for NRL The NRL could receive a $17 million a year windfall - or $1 million-plus per club -following a landmark court ruling on Wednesday in favour of Racing NSW. Racing NSW had their right upheld in the Federal Court to charge all betting agencies and corporate bookmakers 1.5 per cent of their turnover as the price for allowing them to bet on their product. The decision has given the NSW racing industry an instant $120 million payday from money already collected but so far held in a trust account. It will also earn the body $50 million a year in future revenues. ...
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