Sunday 27. December, 2015

Racing Industry Calls on Govt to Decide on TAB Future

The Western Australian state opposition is supporting the racing industry in its calls for the government to make a swift decision as to the future of the TAB. Both the industry itself and Opposition Racing and Gaming spokesman Mick Murray have stated that the industry is suffering for the government’s indecision over the potential privatisation of the state-owned betting company.

“They don’t know whether to breed horses or to get involved in owning horse, so the negativity that gets out there certainly costs a lot of money to the industry,” stated Mr Murray.

The uncertainty over the future of the TAB has continued for 18 months starting in mid-2014 when the state government first rejected the possible sale of the company. At the time, the government added the TAB to its expanded list of asset sales for this year’s state budget.

The racing industry is frustrated that all the talk surround the possible privatisation has not led to any concrete decisions and this week, Michael Grant from the industry, made a public plea to the government to decide on the matter.

“What’s important for the government to understand, and we have pushed them on this issue, is that the racing industry is suffering as a result of the uncertainty surrounding the sale of the TAB.”

Mr Grant was appointed to be part of the Racing Representative Group that is consulting to the state government. However, he has stated that there has been no genuine discussion between the government and the industry and hardly any progress on the issue in the last 18 months.

In October, the Racing Representative Group put forward a proposal for funding to examine the potential sale of the TAB. It is still awaiting a response and the industry is now starting to apply more pressure.


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