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NSW wins race fee case as Betfair & Sportsbet lose appeal

17th November 2010 10:10 am GMT

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.

Both Betfair and Sportsbet had initiated proceedings in the Federal Court of Australia in 2008 against RNSW and HRNSW [...]

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