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Industry News

  • RAD Board finds Beshara guilty

    MELBOURNE October 18 AAP – Trainer Paul Beshara has been found guilty of illegally treating Happy Trails on the morning the horse was due to race in last month’s Dato Tan Chin Nam Stakes last month. The Racing Appeals and Disciplinary Board handed down its decision on Friday, rejecting the… Read More »

     
  • Industry pays tribute to Andrew Ramsden

    Respected racing administrator Andrew Ramsden has died a day after he suffered a stroke at the Thousand Guineas meeting at Caulfield. Ramsden, who would have turned 79 next month, was also a prolific owner whose big-race wins included the Caulfield and Melbourne Cups with Gurner’s Lane. The former Victoria Racing… Read More »

     
  • Nikolic warned off for threatening conduct

    Danny Nikolic has been warned off racetracks for almost two years for threatening a racing steward during an appeal hearing against a previous ban. Nikolic fronted the Racing Appeals and Disciplinary Board in Melbourne on Thursday and pleaded guilty to two charges of improper conduct. He was warned off until… Read More »

     
  • Toowoomba card called off after race fall

    Toowoomba Turf Club’s first meeting on the Inner track on Saturday is also likely to be its last. Stewards cancelled the final three races of the Toowoomba Inner meeting on Saturday after jockey Nozi Tomizawa was injured in a fall. Stewards called off the meeting because of concerns with the… Read More »

     
  • Ladbrokes Launches Australian Bookmaker

    Top British betting brand Ladbrokes has officially launched in Australia, with their betting facilities going live today September 4, 2013. $250 LADBROKES FREE BET Ladbrokes have acquired Australian company Gaming Investments, which currently owns and operates local online betting site Bookmaker.com.au, for the sum of $22.5 million. There is further… Read More »

     
  • No penalties issued over Mildura race

    Stewards officiating at a Mildura meeting where a race was run over the wrong distance have been put on notice but no penalties have been issued after an inquiry into the error. The long-serving starter and the tractor driver who transported the barriers to the wrong position, offered their resignations… Read More »

     
  • Grand National gets a sponsor

    Aintree’s search for a new sponsor for the Grand National is over with the news that Crabbies has signed a three-year deal which means the famous steeplechase will offer STG1 million ($A1.74 million) prize money for the first time. Since John Smith’s announced they would not be renewing their nine-year… Read More »

     
  • Tom Waterhouse sells up for $34m

    Bookmaker Tom Waterhouse has sold his online betting business to British gaming company William Hill. Waterhouse will receive $34 million for the business, plus an earn-out agreement that could see him receive up to $70 million. He will also remain managing director of the business. William Hill earlier this year… Read More »

     
  • Racing officials act on inside information

    New rules governing conflict of interest and inside information in the racing industry will be introduced in the wake of the More Joyous inquiry. In reviewing the inquiry, Racing NSW says it has taken action to ensure there are appropriate rules dealing with the issues. Among the new rules is… Read More »

     
  • Eddie Hayson issued with show cause notice

    Big punter Eddie Hayson could find himself unable to have a bet after being asked to show cause why he should not be warned off racetracks. Racing NSW is set to meet next month over Hayson’s refusal to provide the names of people who gave him information about the top… Read More »

     
  • New CEO appointed to Racing Queensland

    Darren Condon will start work next week as the new chief executive officer of Racing Queensland. Condon, who worked as the chief operating officer for the Brisbane Racing Club, will take up the role next Thursday – the first day of the new Australian racing season. “Mr Condon is a… Read More »

     
  • Directors fined in racehorse shares probe

    Australian Bloodstock directors Luke Murrell and Jamie Lovett have been fined for giving false statements to racing authorities over the ownership of the racehorse Hathras. TVN employees Bruce Clark and Dean Pettit have been suspended for three months over their shareholdings in the imported stayer. Murrell and Lovett were fined… Read More »

     
  • Sun International buys Eliza Park

    The Sun International Group has announced it is the buyer of the Australian stud operation of Eliza Park. To be known as Eliza Park International Pty Ltd, the stud will retain the 12 stallions at the farm including Black Caviar’s sire Bel Esprit, while the divisions on each of the… Read More »

     
  • Patinack Farm withdraw horses from sale

    Nathan Tinkler appears set to retain an interest in racing, albeit on a much smaller scale. The remainder of the embattled businessman’s racing stock was set to go to auction at the National Racehorse Sale at the Gold Coast on Friday as part of Patinack Farm’s reduction sale. But Magic… Read More »

     
  • Tinkler, Blackwood agree on debt plan

    Embattled coal entrepreneur Nathan Tinkler has signed an agreement to clear his debt to junior miner Blackwood Corporation but investors seem to have taken a wait-and-see approach on the deal. Blackwood shares sat unchanged at five cents after the company announced it had signed a deed of settlement and release… Read More »

     
  • Tinkler settles legal dispute for $12m

    Embattled coal baron Nathan Tinkler has agreed to pay $12 million to settle an outstanding $28.4 million share placement debt with miner Blackwood Corporation. Blackwood and Tinkler have entered a Deed of Settlement and Release under which Tinkler’s companies will pay $12 million to Blackwood to terminate a Share Placement… Read More »

     
  • Chris Waller calls for more owners’ assistance

    Premier Sydney trainer Chris Waller has hit out at increased costs announced by the Australian Turf Club this week but says industrial action is not the answer. Waller says the costs to owners are already too high and the ATC’s intention to increase stable rents and introduce key performance indicators… Read More »

     
  • Racing NSW boss defends job losses

    Racing NSW chairman John Messara has backed the Australian Turf Club’s plans to shed up to 10 percent of his workforce. In a shake-up of its operations which the Sydney racing club says has been forced because of dwindling wagering revenue, increased operating costs and poor autumn carnival figures, the… Read More »

     
  • ATC restructure to cost jobs: CEO

    Job losses have been announced as part of a restructure of operations at the Australian Turf Club. ATC chief executive Darren Pearce said a downturn in revenue during the redevelopment of Randwick racecourse, high operating costs and the stagnation in the growth of wagering revenue, had forced the thoroughbred club… Read More »

     
  • Patinack racing team to be sold at auction

    Nathan Tinkler’s entire racing stable will be sold at public auction next month. More than 200 horses racing under the banner of Tinkler’s Patinack Farm will be sold through bloodstock auction house Magic Millions during its annual National Sale. The announcement of the dispersal comes 24 hours after Sydney-based bloodstock… Read More »

     
 
 
 
 
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