
8th July 2003, 11:15 AM
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Member
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Join Date: Nov 1999
Location: Newcastle, NSW
Posts: 1,492
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Mr X,
The entities I was referring to were the W.A. TAB and NSW TAB, definitely not the punters. However, they have some very powerful allies in politicians and are a source of funds to the respective State Govts, who, therefore have a vested interest in this issue. Accordingly, politicians will be lobbied to support the anti-betting exchange cause(pretty powerful allies I am sure you would agree?
I personally am more concerned with the insidious practice of rounding down dividends on the TAB. At the very least, the rounding-down should be to the nearest $0.05 downwards, not the nearest $0.10 downwards. I am currently contemplating whether to prepare a petition to lobby the racing minister on this matter.
Cheers.
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