Tag Archives: racing nsw
- New South Wales gov’t backs Racing NSW bet limit rules; Vlahos bankruptcy report
January 2, 2015
The state government in New South Wales, Australia has put online bookmakers on notice that they can no longer impose strict limits on wagers by successful punters. In July, Racing New South Wales announced new guidelines that require corporate bookies with annual turnover above $5b to accept wagers from all...
- Bookies up in arms after Racing NSW removes their right to refuse a wager
July 25, 2014
Australian bookmakers are up in arms over Racing New South Wales’ new rule on wagering minimums. This week saw Racing NSW announce new guidelines preventing corporate bookies from refusing to accept wagers from customers with whom they no longer wish to conduct business. As of September 1, corporate bookies with...
- Tom Waterhouse cleared of wrongdoing in More Joyous affair, but mom charged
May 14, 2013
Australian online bookie Tom Waterhouse has been cleared of allegations that he traded on insider knowledge of a horse’s condition provided by his mother, star trainer Gai Waterhouse. The brouhaha arose after More Joyous, a horse trained by Gai, seriously underperformed at the All Aged Stakes at Royal Randwick Racecourse...
- Trump protégé denied Star Casino license; rugby wants turnover fees from bookies
April 9, 2012
Sydney’s troubled Star Casino can’t catch a break. Star parent outfit Echo Entertainment had hoped to install Mark Brown, a former protégé of failed presidential candidate and coonskin-cap aficionado Donald Trump, as the Star’s international marketing manager, but New South Wales gaming authorities have denied Brown’s special employee license application....
- Betfair, Sportsbet lose Australian High Court fight over NSW racing fees
March 30, 2012
Australia’s High Court has unanimously ruled in favor of New South Wales racing organizations in their long-running battle with betting outfits Betfair and Sportsbet over fees charged for race field data. NSW passed legislation in 2006 that allowed Racing NSW and Harness Racing NSW to levy fees on bookmakers amounting...
- Betfair facing skeptical analysts in UK, defamation claims in Australia
December 12, 2010
Calvin Ayre has made his feelings known about Betfair’s decision to go public. Now brokers in the UK are piling on, with 80% of them telling anyone who’ll listen why they think the company’s share price is grossly overvalued. Betfair began offering its shares at £13, which climbed to £15.50...
CrownBet launches new TV ad, but won’t mention betting
September 26, 2016