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Racing Vic Action Plan On Betting Report

Monday, 17th March 2008

Racing Victoria acting chief executive Bernard Saundry announced the RV Board "has confirmed immediate implementation of the action plan & timetable outlined in the Report on the betting activities of Stephen Allanson" (the "bets in fake name" affair). The timetable is:

  • Betting Rule Amendments: By May 1 rules will be in place requiring: all on-course bookmakers to comply with equivalent of a "100 point identity check" for both debit & credit account betting customers; & all bookmakers to provide up-to-date client listings for all account clients within 3 months.
  • Improved Transparency: RV will immediately introduce a betting accounts register for executives & directors,  requiring them to declare & disclose betting accounts, together with the obligation to provide details of betting transactions as & when required.
  • Code Of Conduct: RV will immediately introduce an amended code of conduct for all staff that will expressly require employees to promote & support compliance of the Rules of Racing & the Betting Rules.    
  • Whistle Blower Policy: By May 1 RV's Whistle Blowing Policy will have undergone a full review with a suitable external service provider to be contracted to support this initiative & provide necessary staff training.    
  • Review Of Integrity & Veterinary Services: At the May 2008 Board meeting, the Board will receive the review of Integrity & Veterinary Services functions (currently being undertaken by Ernst & Young) & consider its recommendations as a matter of urgency, to enable the introduction of a new structure for the 2008-09 racing season.
  • Review Of Work Practices: At the June 2008 Board meeting, the Board will receive a report & recommendations  detailing necessary changes to work processes & reporting relationships within the Betting Services department. RV has contracted business process consulting firm Cube Management Solutions to undertake this work.    
  • Further Investigations: At the May 2008 Board meeting, the Board will receive reports & recommendations regarding internal & external people identified in the Allanson Report & will determine what actions or sanctions are appropriate.
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