Wednesday, 16 June 2010

Split decision for Racing NSW

The rulings have been made in the Federal Court today and it ended up as a split decision:

Sportsbet won the case against Racing NSW over race fields legislation, and specifically against a threshold which favours NSW betting operators.

Racing NSW defeated Betfair on the right to charge a turnover fee which, in Betfair's view, discriminates against low-margin operators such as betting exchanges.


The only statements in the press so far are the usual chest-beating 'this is obviously a decision in our favour' whether they won or not, so I'll wait until the smoke clears before writing an elongated rant about it.

1 comment:

  1. New reader here and new to Aus also after moving from Dubai a few weeks ago, my sins for marrying an Australian!

    Would you be interested in swapping blog links? I run a trading blog at http://dubaitraderblog.com

    ThanksNew reader here and new to Aus also after moving from Dubai a few weeks ago, my sins for marrying an Australian!

    Would you be interested in swapping blog links? I run a trading blog at http://dubaitraderblog.com

    Thanks

    ReplyDelete

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