Several Tasmanian racing industry players have softened their opposition to granting a license to Betfair, as long as the local industry is guaranteed the $25million-a-year revenue stream that it requires.
A Tasmanian license would allow Betfair to advertise in other Australian states and would permit punters to bet legally with the betting exchange via the internet or phone.
Australian Racing Board member Geoff Harper said Betfair was trying to use Tasmania as a “Trojan horse” to legalize its online betting exchange across Australia.
“Betfair already operates in Australia under a licence granted in Britain,” refuted Tasmanian Premier Paul Lennon, confirming discussions with Betfair\’s Australian partner PBL.
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