Bookmakers will be banned from fielding on the Stawell Gift, ending more than a century-long tradition associated with the famous athletics carnival.
The Stawell Gift Event Management’s (SGEM) move comes as a reaction to a new Victorian wagering policy that stops bookmakers betting on sports involving athletes under the age of 19.
A Victoria Gambling and Casino Control Commission (VGCCC) ban on betting on all under-19 sports competitions came into place on Monday.
“While the attendance of bookmakers has been a mainstay of the Stawell Gift carnival, SGEM respects the position of the VGCCC and is committed to the welfare of under-19 athletes,” SGEM chair Murray Emerson said in a statement.
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