Changes to the federal government’s wagering reform legislation are expected to include greater restrictions on inducements, as the racing industry makes a last-ditch attempt to prevent a ban on generosities which would threaten 30 per cent of turnover.
Racing NSW has unveiled a three-week Stablehand Job Ready Program and will shortly confirm a new Track Rider Program, with both aimed at attracting workers to the thoroughbred industry, as it looks to fill a skills gap after last year’s closure of Thoroughbred Industry Careers.
Around one third of the increased wagering losses by Australians over the past six years can be attributable to new taxes collected by state governments. Bren O’Brien says any measures to reduce the impact of gambling harm must look at the impacts of increased regulation and taxation on punters.
Gillon McLachlan has flexed his corporate muscle, with Tabcorp confirming it intends to acquire technology company BetMakers in a deal worth $267 million.
Flutter will undergo a global leadership change, with long-term chief executive Peter Jackson to depart the role and be replaced by Dan Taylor.
The Albanese government will need to make significant changes to a key wagering reform bill before parliament, including a possible ban on generosities, if it is to get the Coalition to support its passage into law.
The wagering industry headed to Canberra this week hoping for clarity but instead walked away with a black eye. Bren O’Brien looks at what the likely path forward is for advertising reform, and the impact on the racing industry, given the events of the Senate inquiry.
Sportsbet and Tabcorp have pushed back against explosive allegations about industry conduct aired at a Senate inquiry, as the wagering industry warns proposed advertising reforms could have unintended consequences of moving punters offshore and damaging related industries such as racing.
Each season, the champion general, broodmare, first-season, second-season, two-year-old and three-year-olds sires are celebrated, but there are other ways to cut the cake when it comes to sire influence. This week’s Run The Numbers takes a final look back at the 2025/26 Australian racing season through that lens.
The racing industry's reliance on bookmaker generosities to boost revenue has come under the spotlight in a Senate Committee hearing, which earlier heard evidence that bookies offered illegal incentives, including drugs and escorts, to gambling addicts.
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