Australia's New South Wales government has announced up to AUD$174 million in funding to secure the future of thoroughbred racing and protect jobs within the state, including a loan of $150m which is to be repaid through the reclassification of the Trackside simulated racing game as a wagering product in TAB venues.
The record funding would enable major upgrades to Rosehill and Randwick racecourses after the impending merger of the Australian Jockey Club and Sydney Turf [...]
