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Darwin Bookies Threaten To Sue Racing Vic

Wednesday, 19th April 2006

The Northern Territory-based corporate bookmakers "have threatened to take whatever legal action possible to prevent Racing Victoria going ahead with its plan to introduce a turnover-based product fee on Victorian racing," reported The Sydney Morning Herald. The 3 major Darwin-based firms (Sportingbet Australia, IAS Bet & Australian Sportsbet) "are outraged the RV board has decided on a 1.25% turnover-based product fee if they want to operate on Victorian racing". RV yesterday released details of its long-awaited product fee policies "as a result of the controversial race fields legislation introduced by the Victorian State Government late last year". The bookies argue any fee should be based on profit rather than turnover.

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