Totally disagree with you Termite, obviously with my punters hat on it means the punter gets bitten as usual but even ignoring that fact, it means less return for participants in general and was purely a win for TabCorp and an actual loss for racing. Quite simply it was TabCorp taking on the corps and BF, not Racing NSW in an attempt to retain their near monopoly
If you look at the figures, Racing NSW would be receiving about $240 million under the proposed Gross Revenue option instead of the $120 million V'Landys and co are crowing about. Headlines should read "Congrats TabCorp, shame on you Racing NSW for being dictated to"
Be very interested to read your thoughts as to why its a win for racing