Tabcorp CEO Gillon McLachlan’s decision to make a late change to the slot agreement surrounding Bella Nipotina may have cost his new employers an extra slice of the $20 million Everest pie, but it sets the scene for more disciplined times for the wagering giant.

In this episode of Straight Talk, hosts Bren O'Brien and Tim Rowe reflect on a remarkable Melbourne Cup, ponder Australia's best three-year-olds heading overseas and look at the latest delay in the Rosehill decision.

Prize money in the NSW thoroughbred industry surged $36 million last financial year, despite Racing NSW annual report revealing it had endured a $19 million drop in wagering revenue.

New Zealand racing’s governing body is about to advertise for a replacement for departing CEO Bruce Sharrock. It shapes as a crucial decision in the next step of the Entain-fuelled revival of the thoroughbred code. Bren O’Brien examines the leading candidates.

The Australian Turf Club says ongoing due diligence surrounding the financial aspects of a potential sale of Rosehill has forced it to change the timeline for a members' vote on the proposal.

Group 3 winner Let’sbefrankbaby, a mare by Frankel conceived in the United Kingdom, foaled in Australia and owned in South Africa, has sold for more than A$1 million in the United States.

Paul Carew, the chief operating officer at Tabcorp, is leaving the wagering company to join the hospitality firm Endeavour Group.