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Showing posts with the label gary pemberton

the washup from the Racing NSW v corporates decision

Yesterday's decision doesn't seem to have decided much - Betfair will certainly appeal the verdict against them.Bill Saunders argues that their case was hampered by Racing NSW not releasing relevant information until too late. Betfair was in fact disadvantaged by its lack of knowledge of the rebate arrangement when preparing its statement of claim. Sportsbet, with its case being heard after Betfair, was able to amend its statement of claim accordingly. Racing NSW will almost certainly piss more money up the wall appealing against the Sportsbet verdict as well. One thing that will happen is that all NSW operators, including Tabcorp, will now be forced to pay the fees, which they conveniently didn't have to pay under the flawed V'Landys policy. There is no longer a threshold for payment and no mates' deals for the TABs - one policy for everyone, not just a tax on those evil interstate companies. The last point, re interstate companies, may therefore infringe the cons...