Dear Sam,
You will have seen that Racing Victoria have followed Racing NSW and announced the introduction of a minimum bet law from October 1.
It can be seen as the turning point for the industry and punters; that a fair, equitable and socially responsible market is what the industry wants and deserves.
Now would be the perfect time for you as CEO to liaise with your board and begin the process of introducing a minimum bet law on racing in your state. It will have a profound longterm impact on your turnover, especially as punters who have been finding it hard to get their bets on gravitate to NSW and Victoria where they know their hard work will be rewarded.
By introducing a minimum bet law you will only be upholding on course bookmaker betting obligations which your state has had for all of time.
Do you plan to introduce a minimum bet law?
I, and all punters in Australia look forward to your response.
Many thanks,
Richard Irvine