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NSW Minister Announces Major Bet Changes

Friday, 11th September 2009

NSW Gaming & Racing Minister Kevin Greene yesterday released that state government's response to the 2007 Cameron Report into wagering in NSW. Greene stated: "It's vitally important to ensure maximum financial return to the racing industry as a whole. We cannot have a system that jeopardises NSW jobs & it's very clear that racing must grow to the benefit of all. This response delivers short & long term benefits, recognising the huge social & economic contribution racing brings to communities right across the state." Greene announced:

  • NSW will pursue a national co-ordinated approach to regulation & taxation of wagering;
  • NSW TAB will be allowed to offer fixed odds betting on all races through its account betting network on the phone & internet;
  • NSW bookmakers will be permitted to accept bets at racecourses using the internet or telephone on a 24/7 basis (as in Victoria);
  • Prohibition of off-course retail bookmaking kiosks;
  • In-principle support for NSW TAB to pool with other Australian totalisators "which will allow Tabcorp in the 1st instance the ability to merge the NSW & STAB pools, and for other pools to enter into one Australian-wide pool".
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