Government moves to protect racing product
Source: Western Australia. Minister for Racing and Gaming. Media Release
"The Liberal-National Government will introduce priority legislation to ensure that the Western Australian racing industry is not disadvantaged by moves across Australia to charge product fees for race field information. Racing and Gaming Minister Terry Waldron said that a product fee regime was necessary to ensure wagering operators across Australia contributed to the various State racing industries that provided the product on which they based their betting businesses.
“New South Wales, Tasmania and Victoria already have similar legislation in place and South Australia and Queensland have indicated their intention to follow suit,” Mr Waldron said.
“Without this legislation, the WA racing industry faces a product fee bill of at least $17million per year for bets made by WA punters on interstate races. "
Thursday, November 06, 2008
Posted by Library Help Desk at 1:05 pm
Labels: Business and Industry, Gambling and liquor
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