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NSW Court Confusion 7: Sportingbet Official Statement

Thursday, 17th June 2010

Soon after, Sportingbet Australia issued the following statement: "Sportingbet Australia chief executive Michael Sullivan has strongly refuted claims made by Racing NSW that today's Federal Court decision gives them licence to charge corporate bookmakers a fee of 1.5% of turnover. "The right of Racing NSW to charge a fee of 1.5% of turnover was not before the court in relation to corporate bookmakers," Sullivan said. "What was before the court was whether Racing NSW actions in granting an approval with a fee of 1.5% of turnover was invalid. And that was a resounding 'yes' it was. The money that has been paid to Racing NSW has been ordered to be paid back. I'm not sure what judgement Racing NSW is reading, but nowhere in the decision does it say a fee based on turnover is valid; in fact in the Betfair Case, Justice Perram ruled that a fee of 1.5% of turnover was clearly discriminatory. If Racing NSW thinks that this decision means that they can now charge corporate bookmakers 1.5% of turnover, then I guess Mr V'Landys has another fight on his hands. And this time it won't just be with the corporate bookmakers, but all wagering operators."

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