Betfair Australia and Paddy Power’s Sportsbet have lost an appeal relating to the imposing of race fees worth 1.5 per cent of turnover by Racing NSW (RNSW) and Harness Racing NSW (HRNSW), respectively the regulators of thoroughbred and harness racing in New South Wales, following a ruling by Australia’s Full Court of the Federal Court earlier today.

Premium subscribers continue here to the full article, or upgrade your subscription now to read the rest of this article and to gain access to all of the premium content at