The Victorian government’s recently introduced laws prohibiting betting on outcomes that relate to the outcome of the performance of an individual minor (age 19 or below) in a sports betting event has sunk the century old tradition of punting on the foot races at the Stawell Gift, with the organisers of the event deciding that if no-one can back the current men’s and women’s teenage titleholders in their races, then there will be no betting at all.
Victorian Prohibition on Betting on Minors in Sport Sinks the Bookies at the Stawell Gift – But What Does it Mean For Racing?