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Queensland Racing receives $26m boost from wagering tax

29th October 2018 10:00 am GMT

The horse racing industry in the Australian state of Queensland has called off further strikes after the local government conceded to their demands for greater funding.

The Queensland government agreed Friday to a AUD$26m increase in prize money for the sport, in exchange for a commitment from the Thoroughbred Alliance to continue discussions and sign up to broader industry reforms.

The deal was struck at a Roundtable meeting held on Friday (Oct. [...]

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