Bren O'Brien

New South Wales treasurer Daniel Mookhey has not included an increase in Point Of Consumption Tax in his 2024/25 state budget, with a decision on any new tax regime delayed until after the review of the state’s deal with Tabcorp.

Bullish projections on wagering tax revenue from the Queensland treasury have been rebuked by wagering and racing industry insiders, who say the state’s budget has overestimated revenue from Point Of Consumption tax by $182 million.

Gillon McLachlan will officially become Tabcorp chief executive and managing director on August 5. There will be a ‘to-do’ list a mile long, but a few key priorities at the top of that list, writes Bren O’Brien.

Gillon McLachlan has been appointed as Tabcorp’s new chief executive and managing director, with a $1.5 million a year base salary for his role running the wagering giant.

The JJ Atkins Stakes has unearthed some future stars of the track and Broadsiding’s win on Saturday, by the biggest margin in 24 years and the fastest time in 20 years, puts him right there among the best. This week’s Run the Numbers looks at just how rare a gem he really is.

Reports that existing board director Tim Eddy could be appointed as the new chairman of Racing Victoria has prompted a warning from TROA chairman Jonathan Munz.

The funding of racing in NSW is set to undergo a considerable shake-up with State treasurer Daniel Mookhey revealing that he is reviewing the long-term exclusivity agreement with Tabcorp, set to expire in 2033.