Cross-Border Betting Taskforce
Growth in cross-border racing betting with bookmakers has led to concerns on the part of the national racing industry that its critical revenue sources from wagering are under threat – particularly in the long term. Industry fears centre on the diversion of wagering turnover from operators in the States responsible for most higher-level national racing product.The Cross-Border Betting Taskforce report concerns the future of the Australian racing industry. The taskforce itself was formed due to concerns voiced by several Racing Ministers.
At $7.74 billion per annum the National thoroughbred racing industry has a large impact on the economy, not to mention the direct and indirect employment of 249,000 people.
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| Author: | Department of Justice |
|---|---|
| Place of Publication: | Melbourne |
| Publisher: | Department of Justice |
| Date of Publication: | 2003 |
| Number of Pages: | Cross Border Betting Taskforce Report 2003 - Part 1 of 2 - 84 Cross Border Betting Taskforce Report 2003 - Part 2 of 2 - 143 |
| Copyright: | State Government of Victoria, 2003 |