Racing Queensland Embraces High Court Race Fields Decision
Racing Queensland Limited (RQL) welcomes the High Court Decision regarding the use of race field information and is reviewing the judgment in considering the proposed fee structure to take effect from July 1, 2012, as current agreements in place are effective until June 30, 2012.
The Acting Chairman of Racing Queensland, Mr. Tony Hanmer said this unanimous decision by the High Court now provides certainty and clarity for the Racing Industry in Queensland and Australia.
“Current arrangements favour New South Wales where Product & Program arrangements between Racing NSW and Tabcorp place Racing NSW at a considerable advantage over other states racing industries.
“Racing NSW does not have a netting off provision in the current agreement.
“This means, unlike Racing NSW who are not required to absorb such costs, 100% of Race Information Fees charged to TattsBet from other states are deducted from the product fees distributed to RQL. Whilst the result is a net benefit from Race Information Fees for Queensland it is certainly not in the order of NSW Racing benefits”.