Bit of a war going on between Racing Victoria and the VRC over those planned prizemoney cuts...The SMH reports: 'Racing Victoria is urging the VRC to reconsider a proposal to cut prizemoney for selected group and listed races next season...VRC chief executive Dale Monteith confirmed yesterday it had received a letter from RVL chairman Michael Duffy asking the club to reconsider plans to cut more than $1 million in prizemoney.' But - what's likely to happen? Well, Montheith is saying there's been
Bit of a war going on between Racing Victoria and the VRC over those planned prizemoney cuts...The SMH reports: 'Racing Victoria is urging the VRC to reconsider a proposal to cut prizemoney for selected group and listed races next season...VRC chief executive Dale Monteith confirmed yesterday it had received a letter from RVL chairman Michael Duffy asking the club to reconsider plans to cut more than $1 million in prizemoney.' But - what's likely to happen? Well, Montheith is saying there's been no 'final' decision about prizemoney cuts. Guess we will await more developments.
How's Betfair faring after the big turnover tax ruling went against it? There's not much news coming from Betfair HQ but I'm told that the financial side of the business is being closely monitored to see just how bad the backlash is going to be.