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Australian Bookmaker's Ban Lifted

1 November 2002

AUSTRALIA – As reported by the (Australian) Daily Telegraph: "Even if he wasn't allowed to take bets on one of the world's greatest races, it was Robbie Waterhouse's dream to go the Melbourne Cup with his trainer wife Gai.

"Yesterday, Supreme Court Justice Peter Young granted his wish by temporarily lifting the bookmaker's disqualification which bars him from courses and stables nationwide.

"The decision means Waterhouse will be trackside next Tuesday, his first Melbourne Cup since the days before the Fine Cotton affair 18 years ago.

"It was Waterhouse's first step into sunshine after eight months of darkness since the `extravagant odds' saga in February.

"Waterhouse was fined $19,500 and suspended from bookmaking for nine months for giving family associate Peter McCoy odds of 500/1 on 3/1 or less favourites.

"…He hoped the Racing Appeals Tribunal would clear him. Instead Justice Ray Thorley increased the penalty by disqualifying Waterhouse from bookmaking altogether.

"That meant he would have to re-apply for his licence after the nine months – and with his record there was no guarantee of success.

"…Waterhouse remains suspended, which means he can't ply his trade as a bookmaker at the Melbourne racing carnival, but he can go to the tracks, stables and other racing establishments…"

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