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Old 25th June 2014, 11:36 AM
Michal Michal is offline
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I see it a little more rose-colored.

With NSW having this legislation in, other states will follow. Removing the ability to not cover meetings in the 'unfavorable' jurisdiction.

Regarding the bad odds and abandoning of the best punting products (remember that these are only available to loosing or small temporarily winning clients) well the market pressure should dictate, no one will bet on a bad price if better is elsewhere, and they all cant collude and offer the same bad price.

Remember that there are bookies that offer the real deal to punters already so it isn't like its all online/of-course bookies just have it their way. So their option may be to do form and be a bookie other then the accountants they are now or pack up as they wont be meeting turnover targets .....

Wishful thinking may be, but the market will sort itself out and if there is just a little justice and it isn't all one way like it is now, things will improve at least to some degree.

Although I do agree that the corps will be trying to have their present cash-flows (CASH-COWS) undisturbed.
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