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Racing Victoria to increase race field fees in August 2012

19th May 2011 9:56 am GMT

The final report of the Victorian Wagering Review has recommended that Australia’s Racing Victoria implement a blended model for its race fields product fee, increasing the fee from 10 per cent to 13 per cent of gross revenue, with the introduction of a minimum fee based on turnover for periods when gross revenue falls below a specified level.

Responding to concerns expressed by some sectors of the Victorian racing industry, last December the board of Racing [...]

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