Daily News Archive
Daily News Subscription
TROA Also Says NSW Model Provides "Compelling Evidence"
Andrew Lafontaine goes on to assert: "You are presumably aware that Boston Consulting Group and McKinsey & Company are considered the 2 leading management & strategy consultants in the world. By contrast the Productivity Commission's report on this matter, often referred to by apologists for corporate bookmakers, is seen by many industry participants as poorly reasoned with a lack of practical understanding of the industry. I should also note that on a practical level, there is already a real life example in NSW of the application of the turnover model. The experience of that model as it has applied for 2 years in NSW & will apply going forward, compared to the history of experience with the existing gross profits model in Victoria, is going to provide much more compelling evidence & material than a theoretical model put together by a consultant."