21st August 2014, 11:47 AM
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Banned
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Join Date: Jan 1970
Posts: 879
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Quote:
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Originally Posted by PaulD01
Hi Stugots
Yes if they are LICENSED by Racing NSW in terms of their bookmakers licence then yes they are required to comply and are governed by the regulatory framework of that states licencing authority. What I'm referring to though is that most of the corporate bookmakers whilst they OPERATE on NSW racing aren't licensed by Racing NSW (most being licensed in the NT). Operating on NSW racing in these situations comes under the Race Fields Legislation that deals with the financial contributions made by those corporate bookmakers as a result of publishing race fields or NSW racing.
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Suspected that was the case Paul, so what is required is for RNSW to push for changes to the Race Fields Legislation (or whatever else is required) so that all bookmakers located within Australia wishing to bet on NSW racing must be licensed by RNSW.
& if that forces them offshore to keep betting on NSW races, so be it. Got to take the fight up to them, or else what was the point to begin with.
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