Flogging Dead Horses
This one’s from a reader who has trained more than a few Group 1 winners in his time. I have a feeling he’s talking about the TAB ….
So If the Now Banned TAB Lobbyists Didn’t Meet With Government Ministers to Lobby For Reduced Tax For Their Client, What Exactly Did They Meet With Them For?
Anacta is the lobbyist firm run by lifetime Labor hacks that was was banned earlier this week from speaking to Govt Ministers in an official capacity or dealing with the Government. In the past 12 months one or the other of Anacta’s chiefs (or both) met with Government officials 43 times, and then – lo […]
The Un-Level Playing Field
The largely foreign owned monopoly TAB and tote operator Tabcorp is spending hundreds of thousand of dollars right now, maybe millions, in a cynical attempt to persuade State governments around Australia to allow the company to break long-term, binding contracts that it entered into in good faith at a tendered or bid price, in return […]
The Great Tabcorp Lie
The company Tabcorp is at present running one of the most deceptive and deceitful PR campaigns that has ever seen on Australian shores. Using the faux Aussie Fair Play Coalition that they renamed to use as a front organisation, Tabcorp is running a series of high-profile attacks on ‘foreign owned bookies’, that is nothing more than […]
The Aussie Fair Play Coalition Exposed
Australians are being bombarded at the moment by a xenophobic, Cronulla riot style PR, marketing and advertising blitz attacking corporate bookmakers as tax dodging, profit raping foreign thieves. The campaign is pushing for taxation of these corporate bookmakers, but it is utterly duplicitous, for its real purpose is to reduce the taxes paid by the […]
Flogging a Dead Horse – The Great Tabcorp Bullshit and Bleat – Cries of Drowning Men
Three muppets with all their supporters behind them cheering. New Tabcorp CEO Adam Rytenskild, Racing Queensland CEO Pins Parnell, and the Racing Minister Grace Grace, who wouldn’t know a legal bookie if one bit her on the arse. Just days after the Queensland Government dropped a huge POC tax increase of 20% on unsuspecting bookies […]
Fools Gold – The $150 Million Dollar Mirage – How Racing QLD Have Cashed Out $600 Million For a Quarter of the Ticket Price
Since mid-2019 Racing Queensland has been involved in litigation against Tabcorp, seeking hundreds of millions of dollars that it claims the company has underpaid in taxes and fees on various agreements struck by the parties. On the strength of the evidence presented, RQ has generally been regarded as a short priced favourite to win the […]
Taxing Thin Air – The Death of the Bonus Bet – Annastacia Killed Them
One of the striking features of the new POC tax regime about to be introduced by the Queensland Government is that the 20% tax will be applied to winnings from bonus bets. A bonus bet has no real monetary value. It is a notional gift given to punters by a bookmaker as a reward for […]
Urgent Memo From the Sports Desk – The New QLD Racing Funding Model is a Con
TO: The Punters of Queensland FROM: A.J. Butterfly, Sportsman and User of a Calculator SUBJECT: The Great Rock ‘n Roll Funding Rip Off Punters, we’ve all been robbed. You are all getting excited about the massive injection of funds into racing now that we are going to get 80% of the Point of Consumption (POC) […]
New Tabcorp is a Basket Case – But Could it Also Be the Share Buy of the Year?
About a month ago we gave you the drum on how the TAB side of the Tabcorp demerger would look and pan out, and told you why. In the story we advised you that New Tabcorp – basically the TAB and Sky – was a basket case, and predicted that the share price would crash […]