Sport is made for betting

Good article here from Bill Saunders, describing how South Australian racing is moving forward (granted, it was in rather poor shape) by rolling the sleeves up and dealing with the modern age, rather than trying to stick to believing in a Flat Earth like their counterparts in New South Wales. South Australia Shows How It's Done Long considered a basket case by the rest of Australian racing, South Australia is suddenly showing strong growth from a combination of embracing non-TAB wagering operators, government taxation reform and self help from rationalisation of resources and cost cutting. The net result is a stunning year to year turnaround in performance by TRSA, from a loss of $2.1 million in 2007-08 to a profit of nearly $6.8 million in 2008-09. By far the biggest factor in the improved performance was race field contributions from the bookmaking sector, which boosted gross revenue for TRSA by $9.2 million for the 9 months of the year that the contribution was paid. After payin...