All,

For anyone punting with ACTTAB, WA Tab or TasTote, this press release from RWWA (and also today announced by ACTTAB) will be of interest:


RWWA Media Release (28/11)
Racing and Wagering Western Australia (RWWA) has today been advised of Tabcorp's intention to end the pooling agreement and the fixed odds agreement with RWWA by mid 2009.

It is understood all participants in Tabcorp's pooling and fixed odds arrangements have received similar notification.

RWWA and Tabcorp have operated a successful pooling agreement since 1991 and RWWA has been an integral member of the national fixed odds arrangement since 2000.

RWWA chief executive Richard Burt said Tabcorp's decision to end both agreements was a major surprise.

"The decision is completely inconsistent with the business relationship between both parties," Mr Burt said.

"RWWA has been working closely with Tabcorp in recent months on a number of key projects to improve and expand our product offering.

"RWWA will immediately move to assess its options, one of which might be to renegotiate new agreements.

"The timing of Tabcorp's decision is significant, given the recent pressures that the racing industry has had to face with Equine Influenza and product fees."