Always back the horse named self-interest, son. It'll be the only one trying
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 […]
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 […]
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 […]
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 […]
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 […]
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) […]
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 […]
A Tabcorp spokesman told The Weekend Australian the company had no plans to introduce cryptocurrency for now. “Developments in payment methods are something we monitor, but we have no immediate plans to introduce cryptocurrencies as a deposit method with TAB,” he said. “Any change of that nature would likely require regulatory approval.” https://www.couriermail.com.au/business/crypto-betting-on-the-radar-for-gaming-regulator/news-story/4364bfbd43ea928a107c4c661e30e521 This is […]
Tabcorp as we currently know it is soon to be no more. The hapless Directors and management of the company are bailing out of racing and running for the shelter of our clip the ticket helper, aka Lotto and Keno. Lotto’s a low cost, high yield, and a guaranteed big earn that even a moron […]
One of those rare things happened at the Bunbury Trots yesterday, a triple dead heat. It wasn’t for first place though, it was for fourth. The triple dead heat happened in race 2 when My Ultimate Joe, Nellie Babe and Go Widgie (sounds like a marital romp in the sack using pet names doesn’t) crossed […]
