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News and media releases: horse racing

Victorian point of consumption tax for wagering and sports betting

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Victoria has passed legislation to introduce a point of consumption tax (POCT) for wagering and sports betting from 1 January 2019. The Victorian POCT will be payable by wagering and betting operators on the revenue derived from wagers and bets of customers located in Victoria.

Some life lessons from the best and fairest

Scott West

AFL Hall of Famer Scott West was considered one of the hardest working and most sportsman-like of footy players. His career spanned 16 seasons and 324 games for the Western Bulldogs, winning a record seven Charlie Sutton medals as best and fairest for the club. In life, as in the game, he’s widely regarded as a bloke who tells it as it is. Here he advises young players of today – as well all young people – how to keep themselves safe, and when to make a stand.

Credit betting ban for online wagering providers to commence on 17 February

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Legislative amendments to commence on 17 February 2018 will ban online wagering providers, such as online bookmakers, from offering credit to Australian punters. This includes offering punters a deferred settlement facility.

Australian Racing Fact Book 2016–2017 edition published

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A Guide to the Racing Industry in Australia 2016–2017 outlines the key results and statistics from the Australian thoroughbred sector.

Gambling ministers agree to stronger online gambling protections

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Commonwealth and state and territory gambling ministers recently met, for the third time, to establish a strong, consistent and best practice National Consumer Protection Framework for online wagering.

Gambling ministers agree on stronger consumer protections for online gambling

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On 27 April 2017, the Australian Government reached an in-principle agreement with state and territory gambling ministers to introduce reforms to provide stronger consumer protections for online gambling.

Australian Racing Fact Book 2015–2016 edition published

A male writing ideas on a glass board at an office and explaining it to a group of four

Racing Australia recently published the 2015–2016 edition of the Australian Racing Fact Book.

New wagering advertising code from the Australian Association of National Advertisers

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The Australian Association of National Advertisers has released a self-regulatory communication code in relation to wagering advertising and marketing that will cover Australian licensed wagering operators, such as TABs and online bookmakers (often referred to in public discussion as sports betting companies).

Australian Racing Factbook 2014–2015 edition published

A male writing ideas on a glass board at an office and explaining it to a group of four

Racing Australia recently published the 2014–2015 edition of the Australian Racing Factbook.

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