Att Owners and Trainers

Just something I picked up on the net

CORPORATE BOOKMAKERS: STEP UP TO THE PLATE AND
SUPPORT THE INDUSTRY THAT SUPPORTS YOU.
THE BUCK STOPS HERE!
WE MUST LOBBY FOR A TRANSPARENT AND EVEN PLAYING FIELD.
IT’S TIME TO MATCH THE TAB, OR LEAVE THE FIELD.
Lately, a large group of racing industry stakeholders have beenAnd why the taxes paid on wagering are so disparate between
asking themselves why the playing field relating to the currentstates, as well as between the bookmakers who pay them?
wagering system in Australia is so incredibly uneven?
When the facts and figures are reviewed it’s easy to conclude that
Why corporate bookmakers return less to the racing industrysomething must be done, and done soon, to make the system
than state-based operators, such as the TAB?fairer, more equitable, and ultimately more beneficial to the racing
industry to ensure its healthy survival.

THE ONLY THING UNFAIR IN RACING IS CORPORATE BOOKMAKERS.
For instance, for every dollar wagered on racing in Victoria, thethe racing industry. For the same period, corporate bookmakers
TAB returns an average of 8.9% to the racing industry. In Newturned over $5 billion in racing revenue and returned just $80
South Wales the figure is 5.7%.million to the industry.
So how is it that the corporate bookmakers return an average ofDo the sums, and it shows the proportion paid by Tabcorp is four
only 1.5% - 3% to the industry?
and a half times greater. Hardly fair from our point of view.
The contrast becomes even starker when turnover figures are
What’s more, in 2013 financial year Tabcorp’s NSW and Victorian
considered.
operations paid $225 million in state taxes. Yet in the Northern
In the 2013 financial year, NSW and Victoria’s TAB operationsTerritory, where bookmakers, including the corporates, each had a
turned over approximately $9 billion and returned $657 million tocap of $250,000 in wagering tax, only $2.5 million was collected.

EVERYONE NEEDS TO UNDERSTAND THE CURRENT
SITUATION TO BE ABLE TO HELP CHANGE IT.
We think punters should fully understand the differences betweensupport the racing industry, then perhaps more punters would
the corporate bookmakers and the state based operators, suchchoose to bet with the TAB.
as the TAB, so they are able to make a more informed choice
If they better understood that the corporate bookmakers are in
about where and how they choose to bet.
the game for the profit only, and not for the good of the industry,
If they better understood that the state based operators trulythen perhaps even more would choose the TAB.

CORPORATE BOOKMAKERS MUST EARN THE RIGHT TO PLAY OUR GAME.
So, to all you corporate bookmakers making generous profitsStep up and return a greater percentage of your profits to the
from the racing industry, STEP UP and support the industry thatracing industry. Step up and share the burden more evenly. Step
supports you. Step up big time and take a more active interest inup and ensure that the racing industry is healthy and vital, which
the industry that generates such healthy income for you.ultimately benefits all.

TRAINERS AND OWNERS CAN MAKE A STAND.
PUNTERS CAN MAKE A CHOICE.
To all trainers and owners, if you hold an account with alarger the pools become and the greater the returns.
corporate bookmaker now is the time to consider CLOSING IT
Or will it be a corporate bookmaker, whose actions up to this
because you are robbing the industry, and therefore yourself.
point do not indicate they hold our industry in very high esteem?
And to all the punters, please take a moment to think about who
The great Bart Cummings said that the only racing person
you will place your next bet with.
who should be put in bronze is Chester Manifold, the man who
Will it be the TAB, whose loyalty has helped the racing industryworked tirelessly to establish the TAB, so let’s not see racing end
over many decades? Because the more you bet with the TAB, theup like England, where you race for peanuts.

LET’S WORK TOGETHER SO THE RULES ARE THE SAME FOR EVERYBODY.
As trainers and owners working together, we can lobby and fix this crisis and ensure that the corporates pay the rent to play our game.

Written and financed by Paul Banks in support of a fairer return to the racing industry.

who gives a shit about owners and trainers?

didn't mean to leave out punters but I'm sure I'm correct that lots of owners and trainers punt with bookmakers yet they cry about stakes