Wednesday, 12 May 2010

Betfair v Racing NSW decision delayed until June

First it was April, then May, now it's officially June.


Race Fields court decision next month



The protracted court action by two wagering operators against Racing NSW over rights fees is set to have its resolution next month.

Racing NSW has been notified this week that Justice Perrem intends to deliver his judgment on the cases on June 16.

Betting exchange Betfair undertook legal proceedings to challenge the NSW Race Field legislation, which came into effect last year and requires all wagering operators to pay a 1.5 per cent fee on turnover for the use of race fields.



Rather naively I thought, Racing NSW last week released a strategic plan for the future dependent on them winning this court case. Surely that's prejudicial to the outcome, or it just makes Peter V'Landys a bigger target for ridicule if they lose the case? If V'Landys can hold his position if Betfair & Sportsbet win this case, then he should run for PM - completely unaccountable, can make ridiculous statements in the press without recourse and is despised by all but the people who rely on him to get paid...

1 comment:

  1. Hello I have added a link to your blog on my blog. If possible could you do the same?
    http://betfairtrader1977.wordpress.com/
    Many Thanks

    ReplyDelete

Thanks for your comments, but if you're a spammer, you've just wasted your time - it won't get posted.