The marriage between Racing NSW and Tabcorp, slated to last for 99 years, is officially on the rocks after confirmation that papers have been served and a directions hearing has been scheduled for the NSW Supreme Court next week.
The Sydney Morning Herald broke the news publicly, but rumours had swirled for weeks that the relationship between Racing NSW and its prime wagering partner, and sponsor of its biggest race, The Everest, had broken down and the pair were headed to court.
“Tabcorp is the biggest long-term partner and sponsor of racing in NSW, so we’re disappointed by the legal action,” Tabcorp chief executive officer Adam Rytenskild said in a statement.
“We would rather be putting our energy into the growth and integrity of NSW racing than being forced to court. We don’t agree with it and will be defending the action.”
Not the first time in the past few years, Racing NSW let its legal papers do the talking with the SMH reporting it had accused Tabcorp of breaching its contract with the racing body.
So how did we get here?
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