betting reform

Racing Online - Posts tagged: betting reform

Nz Betting Levy To Be Repealed

New Zealand's racing minister Winston Peters has announced a repeal of the betting levy paid by the racing industry to the Crown. Peters says that payment of the levy to the Crown will be phased out over a three-year period, with freed-up funds to be redirected to the racing and sports sectors. The betting levy[...]
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Betting Levy to be repealed

Racing Minister Winston Peters has announced a repeal of the betting levy (racing totalisator duty) currently paid by the racing industry to the Crown. Peters made the pre-Budget announcement when opening the New Zealand Bloodstock Karaka May Sale in Auckland on Friday. Peters announced that payment of the levy to the Crown will be phased[...]
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