Racing NSW has been collecting 1.5 per cent of the turnover from on-course and off-course wagering operators nearly over the last four years, and Sportsbet and Betfair who only paid a percentage of their gross profits, took legal action against Racing NSW. It is said that the court decision could enable the NSW racing industry to collect a further $40 to $50 million a year.

Mr. John Messara, Chairman of Racing NSW said at the press conference �This is an important day for the Racing Industry in NSW. The High Court decision establishes that our sport is entitled to set and be paid a fee by those who use its product � a decision that will reverberate well beyond New South Wales.�

Mr. Louis Romanet, Chairman of the Federation said �I am very glad to know that the High Court handed down the right decision and it is quite crucial that racing producers can secure a fair share of their products. I want to present my congratulations to all people concerned who turned over a new leaf for the racing industry as a whole.�

Aki AKITANI (Deputy Secretary General)