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Australian Sports to Decide Who Bets7 November 2005AUSTRALIA – As reported by the Herald Sun: "Major Australian sports, besides racing, will be given legislative power to determine who bets on their games. Racing will be given that power in Victoria on November 27, allowing it to decide who will have the legal right to use its product for gambling. "The legislation will give Racing Victoria the power to allow bookmakers and TabCorp the right to bet on the races here (for substantial fees), but also the right to reject betting exchanges, such as BetFair, which hopes to gain a licence in Tasmania. "Racing and Gaming Minister John Pandazopoulos said similar legislation would be introduced to allow cricket, golf, tennis, soccer, rugby and other sports the right to choose who wagers on their sports and how much they pay…" |