Race field fees: How to avoid a slow (funding) death

    Published in: Latest IntelligenceRegulations should not be so burdensome that they choke the control body’s ability to raise sufficient fees to meet the genuine short, medium and long-term needs of the industry. They should also recognise that in the current funding environment, racing and gambling are co-dependent, with the result that racing needs a vibrant and financially viable Australian wagering and betting industry By Bill Brown* When asked for a comment recently on the setting of race fields fees in Australia, I expressed my concern that some of the money collected might not be invested productively. I meant no disrespect to the various racing controlling bodies in Australia. My intention was to raise the prospect that the money might, for one reason or another, get diverted to such a degree that the industry is forced to do one of two things: To either go back, cap in hand, to the government for financial...

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