64.72 F
New York
October 30, 2020, GMT+0000, 17:16 pm
News

Agents Betting Ban For NSW 

One of Australia’s leading horseracing organisations, Racing New South Wales (NSW), has introduced a new rule that will prevent jockey agents from being involved in tipping and betting.  

The rule was first introduced back in April, but had been shelved until Monday, when Racing NSW announced that it would be implemented next year. According to reports in the Australian media, Local Rule LR71A will come into effect in March. It will prevent any jockey agent from being involved in betting or passing on information that could be used in betting on any race in the NSW area in which one of the jockey’s riders is competing. The rule includes all types of betting, including lay betting using betting exchanges. Any agent who breaches the rule is liable to be penalised.  

Under the terms of the rule, a jockey agent may be given an exception in certain circumstances, but this can only be obtained through a written request to Racing NSW before the date that the rule is introduced next year. In a letter to all jockey agents, released on Monday, Racing NSW said that the provisions of the rule will take effect on March 1 2019.  

While the rule is likely to be supported by those concerned about the integrity of Australian horse racing, it is also likely to have major implications for those jockey agents who work for media companies offering race analysis, and those who provide subscription tipping services. 

Image sourced from Shutterstock.

Related posts

Oscar odds on Martin Scorsese’s The Irishman shorten after premiere

Andie Hughes

The Perfect Cash Out Wins Over £2000

Steve Ashfield

Preston North End v Derby County Betting Tips: Team News, Odds and Prediction

Steve Ashfield

Latvijas Develops New Gaming Product

Andie Hughes

Girl Power: Will The Spice Girls Headline Glastonbury 2019?

Stuart Stratford

Japan vs Qatar Would Be the Ultimate High-Roller’s Asian Cup Final

Kurt Boyer

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More