19 October 2005

Betfair: Tasmania tempted to say no

"Racing Victoria has made a lucrative multi- million-dollar offer to Tasmania that would see an increase in prizemoney, more races and the scrapping of nomination fees," says Greg Mansfield in the Launceston Examiner. The Tasmanian Premier Paul Lennon, Racing Minister Jim Cox, "and local racing administrators are aware of the details but have been told not to say anything." Mansfield speculates that the offer is designed to sway Lennon from handing UK betting exchange operator, Betfair, its first license in Australia.

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