Sport is made for betting

Yesterday it was Racing NSW expecting punters to allow them to install monitoring software on their laptops if they take them on-course to trade. Today it's British racing's representatives on the Levy Board asking bookmakers to pay up to 76% more to cover racing. Betting companies should be paying for the right to field on British racing, I do not dispute that, but let's be practical about it. The biggest names in the industry are doing all they can to avoid tax and levy, so the industry decides to ask for nearly double the current amount? They have rocks in their heads. Sure you need to start with a big 'offer' as a starting point for negotiation, but it's rather obvious there is no wish for negotiation here, just a demand. Racing betting turnover, as a percentage of business for bookmakers is going one way - DOWN. Betting companies (if I say bookmakers out of habit, I do mean for the term to cover exchanges, totes and bookies) are making bigger profits, but o...