24 November 2005

Betfair: Chief Stipes say BF mars integrity

The Melbourne Herald Sun today reports that "chairman of stewards from around Australia have urged the Tasmanian Government to defer the betting exchange legislation, which today goes before the Upper House."
"In a joint statement, the stewards claim the proposed legislation does not take probity arrangements on racing to new levels as Lennon claims."
The stipes didn't mince words: "Betting exchanges, by their very nature, create a fundamental challenge to the integrity of racing," in that they allow punters to porfit from backing a losing horse.

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