News and media releases: racing
Racing Australia recently published the latest edition of the Australian Racing Fact Book. A Guide to the Racing Industry in Australia 2019–2020 outlines the key results and statistics from the Australian thoroughbred sector. The fact book includes wagering turnover on thoroughbred racing, greyhound racing, harness racing and sports betting.
New national rules have commenced that reduce the customer verification period for new online wagering (betting) consumers from 90 days to a maximum of 14 days.
A Guide to the Racing Industry in Australia 2017–2018 outlines the key results and statistics from the Australian thoroughbred sector.
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.
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.
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.
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.
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.
Racing Australia recently published the 2015–2016 edition of the Australian Racing Fact Book.
Tabcorp has released its 2016 Annual Report showing its results for 2015–16.
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).
The Australian Government has released the review into illegal offshore wagering (the O'Farrell report) and its response.
Racing Australia recently published the 2014–2015 edition of the Australian Racing Factbook.