Any persons deriving income from wagering or racing will be banned from holding a position on the Racing Victoria board under new proposed rules for the industry.

Australia’s betting culture, which changed with the entry of foreign bookmakers, is gradually returning as punters fight back against practices such as cutting big bets and closing winning accounts.

Australia’s betting culture, which changed with the entry of foreign bookmakers, is gradually returning as punters fight back against practices such as cutting big bets and closing winning accounts.

 

Australia’s betting culture, which changed with the entry of foreign bookmakers, is gradually returning as punters fight back against practices such as cutting big bets and closing winning accounts. But lobby groups say more needs to be done. While the two biggest states have led the way with legislative changes, members of online forum Fair Wagering Australia are still leading the charge to enact change across all of Australia.



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The Japanese government is considering submitting a bill to introduce a basic law on gambling addiction prevention. The law would require gambling operators, including municipal governments to put together basic plans for toughening gambling regulations, said unnamed sources.

The Turf Authorities of India (TAI) has approached Union Finance Minister Arun Jaitley to discuss GST implications on horse-betting.

Tabcorp has been found guilty of illegally luring punters to open new accounts through promotions published both online and in print, SBC News reports.

Former NSW premier Barry O’Farrell has been appointed the chief executive of Racing Australia, while former Victorian Labor senator Stephen Conroy has been appointed as the head a new gambling industry lobby group.

Hong Kong Jockey Club (HKJC) and Racing U.K. have announced a new partnership that will see HK horse racing become available to UK viewers.

“In an exciting new partnership with the Hong Kong Jockey Club (HKJC), Racing U.K. will show the world-famous action from the stunning backdrops of Sha Tin and Happy Valley, starting with Longines Hong Kong International Races week, which gets underway with the International Jockeys' Challenge tomorrow (7 December),” said Racecourse Media Group in a press release.

India's racing industry has been stirred after a document went viral on a social media app, which could mean racing revenues become subject to the same tax rate as alcohol and tobacco.

A hold of more than US$40 million on a single horse race might seem substantial in most racing jurisdictions — the stuff of dreams, in fact —but for Japan it is a drop in the ocean, and now overseas races are finally getting a taste of the action.

 

A hold of more than US$40 million on a single horse race might seem substantial in most racing jurisdictions — the stuff of dreams, in fact —but for Japan it is a drop in the ocean, and now overseas races are finally getting a taste of the action. It can take a while for the bureaucratic wheels to start turning within the Japan Racing Association (JRA), but the nation's ravenous horse racing bettors have been unleashed on a selected number of overseas events.



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