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Racing Vic "Short-Listing" Firms For Funding Analysis

Friday, 10th December 2010

Racing Victoria chief executive Rob Hines announced his organisation was "short-listing firms who would help identify the best funding model - turnover or gross revenue - for corporate bookmakers" & he was "hopeful of an appointment being made before Christmas" reported The Herald-Sun. Hines said all industry participants "were encouraged to make submissions to the independent analyst" & noted: "It will definitely be done by the 1st half of the new year." Hines said the RV board "would then consider the recommendation of the analyst, but would not be bound by it" explaining: "It will clearly inform the board. The board is not going to ignore something that has industry participation & a proper process."

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