Back Yourself!
Sign-up and start betting with Ladbrokes in 2 minutes!
Back A Winner with Neds!
Sign-up and start betting with Neds in 2 minutes!
Daily Racing Specials!
Sign-up and bet with Australia's best new bookmaker!
#1 Ranked New Bookie
Sign-up and bet with Australia's #1 ranked new bookmaker!
Best Of The Best Odds!
Bet With Palmerbet and get Paid Top Fluc or Top Tote!
Massive Odds on All Races!
Sign-up and start betting with PlayUp in 2 minutes!
Imagine what you could be buying instead.
Set a deposit limit.
Search
 

A legal battle between two wagering firms and NSW racing authorities has begun in the High Court.

Betfair says a 1.5 per cent turnover fee levied by Racing NSW reduces competition and discriminates against interstate operators.

Counsel for Betfair, Neil Young QC, on Tuesday told the court the fee was not uniform but in fact was discriminatory.

He said Betfair participated in a national market.

Betfair argues the turnover fee will affect its ability to operate because the company is a low-margin operation that matches punters against each other.

The company then takes its commission from winning bets.

In March, both Betfair and Sportsbet were granted leave to appeal against a decision by the Federal Court that they tender the fee as legislated.

Both firms say paying the fee on gross profit is a fairer way to operate.

The case continues.

AAP TURF

 
*Existing customers only. 2nd Racing bet. Excl SA & WA. T’s & C’s apply. Gamble responsibly.
Imagine what you could be buying instead.
Set a deposit limit.
Featured News

FREE BETS – Claim $1000’s in Bonus Bets at the TOP Betting Sites

We take a look at the BIGGEST and BEST Free Daily Racing Offers and Betting Promotions from Australia’s leading online...

Watch πŸ“Ί Overpass goes back to back in The Quokka

Bjorn Baker’s Overpass, with Josh Parr in the saddle, successfully defended his title in the $4 million Quokka, boosting the...

All Aged Stakes results and replay – 2024

View the results and replay for the 2024 All Aged Stakes. The All Aged Stakes was raced at Randwick racecourse...

Champagne Stakes results and replay – 2024

View the results and replay for the 2024 Champagne Stakes. The Champagne Stakes was raced at Randwick racecourse on Saturday,...

Mornington Cup results and replay – 2024

View the results and replay for the 2024 Mornington Cup. The Mornington Cup was raced at Mornington racecourse on Saturday,...

Watch πŸ“Ί Is this the worst upheld protest ever?

Punters are calling a race at Beaudesert on Saturday the worst protest ever upheld. A punting group on X (Twitter)...

Watch πŸ“Ί Jockey banned from all racing premises over ride

Jockey Dylan Kitts has been penalised with a disciplinary officer exclusion directive due to non-compliance with an inquiry regarding his...

Australia's Best Betting Sites

New Betting Sites Australia + Top List Bookmaker Apps $$$

Betting in Australia has never been more popular thanks to a large increase in new betting Agencies and Apps available...

Top 10 – Funniest Race Horse Names

Horse racing. Known as the ‘Sport Of Kings’, an industry worth billions, a very serious business…but to some, it’s a...

Australian Bookmaker Reviews – Online Bookie Ratings $$

Which bookmaker should you bet with? We Review each of the leading online Australian Bookmakers and rate them in order...

 
 
Imagine what you could be buying instead.
For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au