Betfair And Sportsbet Win Right To Appeal In Australia

BETFAIR AND SPORTSBET WIN RIGHT TO APPEAL IN AUSTRALIA

11th March, 2011 at 02:01:32
Source: http://www.azonlinecasinos.com

Dispute with NSW racing authorities is not over yet

After suffering a setback in litigation against a New South Wales levy on turnover (see previous report), the Australian divisions of internet gambling groups Betfair and Sportsbet won the right to appeal Friday.

The two companies will continue to contest a decision that they pay 1.5% of turnover to racing authorities in NSW. Corporate bookmaker Sportsbet has argued the fee is discriminatory and protectionist for wagering giant Tabcorp.

Both Sportsbet and Betfair say they should pay a fee based on gross profit rather than turnover.

The High Court on Friday granted both firms leave to appeal the decision by the Federal Court late last year.

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