To our valued Sportingbet clients,
As you may be aware the High Court ruled on Friday the Racing NSW race fields legislation was valid and all wagering operators must pay 1.5% of turnover as a product fee. Sportingbet has paid every cent of the 1.5% turnover for the past four years and will continue to do so. In that time we have paid Racing NSW over $13m and $33m overall in product fees. We have made significant other contributions to the industry as well as the major sponsor of the Melbourne Racing Club, Moonee Valley Racing Club, South Australian Jockey Club and several others.
I just wanted to take this opportunity to assure to all our valued clients that nothing will change in terms of the product that Sportingbet offers as a result of the High Court decision. We will continue to offer the widest range of products and most competitive prices in the market. We also have some terrific promotions available for the Autumn Carnival such as MaxiDiv Gold on all Group 1 races to ensure Sportingbet customers get the best value available.
If you have any questions please do not hesitate to contact our team and they will answer any queries.
I wish all our customers good luck for the Autumn and hope you find a winner starting with the Golden Slipper this weekend.