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By Murray Fish · Posted
hence, 'our' lot will just increase their take out % from the locals the still have betting with them! -
By Murray Fish · Posted
A $US187 billion monster – The looming challenge as over 50 crypto-betting platforms offer Australian and New Zealand racing The sheer size of the unregulated gambling market and the fact that over 50 crypto operators are willing to offer markets on Australian and New Zealand racing present a huge integrity challenge to local racing authorities, a new report has found. By Bren O'Brien ● A new report, published by the International Federation of Horseracing Authorities, reveals the number of crypto-casinos operating on Australian and New Zeland racing. (Photo: Getty Images) An internationally commissioned report has found betting on Australian and New Zealand horse racing is accessible across over 50 cryptocurrency-enabled platforms globally, presenting major threats to the integrity and funding of the industry. The report was published by the International Federation of Horseracing Authorities and outlines the challenges faced by integrity authorities in monitoring bets in the rapidly evolving global wagering landscape. It was led by Dr Elliot Forbes, as well as being a member of the IFHA Council on Anti-Illegal Betting and Related Crime, is also the chief executive of the Racing Integrity Board. As well as examining the integrity landscape in New Zealand, where betting by Kiwis accounts for only one-third of the combined Australasian betting on New Zealand races, the report also examined the global impact of illegal offshore betting. Advertisement Specifically, the report analysed deposits from the largest offshore crypto casinos and sportsbooks and found that across a 12-month period there was more than $US187 billion in identifiable crypto deposits across 4.4 million combined customers. It also found that seven of the top 10 crypto casinos in the world now offer racing as a product and four of the top 5 operate on Australian and New Zealand racing. The IFHA study detailed that Australian and New Zealand racing content now appears almost universally on over 50 of these grey market-operated sites, which are licensed in places like Curacao, Anjouan (Comoros), Estonia, Costa Rica, British Virgin Islands and St Vincent. “Offshore operators offer fixed-odds and derivative products on New Zealand races that do not exist domestically,” the NZ-focused report said. “These operators also advertise sign-up inducements such as deposit matches and bonuses with rollover requirements no longer legal in regulated domestic markets. Advertisement “Alongside the large crypto-enabled sportsbooks, New Zealand races are also offered on illegal betting exchanges, crypto casinos and sports prediction markets, alongside political events and esports.” Forbes said the threat for a smaller jurisdiction like New Zealand was clear. “It is a fundamentally parasitic model: they extract value from New Zealand and other jurisdictions’ racing product while contributing nothing to the integrity systems or financial framework that sustain the sport,” he said. The report also raised concerns about player safeguards and consumer protections, while highlighting the integrity challenges of monitoring betting patterns in regulated environments. “For bad actors, the opportunities are considerable. Crypto-based racebooks and exchanges, with anonymous wallets, rapid settlement and opaque ownership structures, are attractive to individuals seeking to move or disguise illicit activity,” it said. “When betting takes place in environments with no reporting obligations, the risk of corrupted outcomes being used for money laundering increases significantly.” Forbes said the RIB was committed to continuing to map and monitor offshore coverage, engaging with more jurisdictions to seek integrity agreements, information sharing, and supporting policy development. Advertisement “From a New Zealand perspective we intend to strengthen our domestic oversight, build a clearer picture of offshore activity, advocate for coherent policy settings and contribute meaningfully to international cooperation,” he said. “We will continue working with policy-makers, sporting bodies, regulators and government agencies to ensure our collective capability keeps pace with the environment. “In a wagering landscape that is more complex and fast-moving than at any point in recent memory, that foundation is essential to protecting the integrity and financial sustainability of New Zealand racing.” A report late last year commissioned by Responsible Wagering Australia’s into the growth of the illegal offshore gambling market revealed that 14 per cent of betting on racing by Australians is with unlicensed overseas operators. -
Court Throws Out Fine, Suspension Against Pletcher After Bute Positive Thursday, March 12, 2026 at 4:58 pm | Back to: Top News Updated: March 12, 2026 at 5:01 pm Todd Pletcher | Sarah Andrew By Bill Finley In a unanimous decision, the State of New York Supreme Court, Appellate Division Third Judicial Department, has thrown out a 14-day suspension and a $2,000 fine that was originally handed down by the Commission to Todd Pletcher after a horse he trained tested positive for an overage of phenylbutazone (bute) following a July 30, 2022 race at Saratoga, and has remanded the matter back to the New York Gaming Commission for a rehearing. The horse in question, Capensis (Tapit), finished sixth in the allowance race. In affirming Pletcher's petition in part, and remanding the matter back to the Commission, the court acknowledged that there were “concerns regarding the fundamental fairness” of the original hearing and called the evidence presented by the New York Gaming Commission “hearsay proof.” Both the original blood sample taken from the horse and a split sample sent to an outside lab allegedly showed that the level of the bute in the horse's system was above the specified threshold. That led to a fine and suspension from the New York Gaming Commission, which was later upheld by a hearing officer. But Pletcher and his attorney, Drew Mollica, took the next step and brought an Article 78 petition to the New York State Supreme Court. Their argument centered around the contention that, according to the court ruling issued Thursday, “respondent (NY State Gaming Commission) failed to introduce competent evidence establishing the reliability of the testing that was conducted on the postrace samples that purportedly demonstrated the presence and concentration of bute.” The panel agreed, noting that “the sole proof relied upon by the Commission to establish that the bute concentration from postrace samples exceed the permissible limit were letters from the New York and California laboratories, which lacked any scientific foundation or probative value. “The letter from the New York laboratory indicated the overage in bute concentration but did not provide for the method of testing, and although the method of testing was provided in the letter from the California laboratory, neither letter gave any indication as to the reliability or general acceptance of the tests utilized to ascertain the presence and concentration of bute in the postrace samples.” The ruling continued: “Thus, relying solely on hearsay proof in this case to establish the rule violation rendered the hearing fundamentally unfair under the circumstances presented and persuades us to remand the matter for a new hearing.” “Mr. Pletcher is appreciative that the Appellate Division, Third Department, unanimously decided that the underlying hearing was unfair,” Mollica said. “It was unfair. That's what they said. Without the test results and lab packet, the Commission did not present any evidence of any probative value. In an era where regulators at all levels seek to overlook fairness and due process to achieve only the result they desire, it is refreshing that Appellate Court was clear that fairness and due process are important elements of the Justice System. This decision will have precedential value on other cases going forward.” -
By Chief Stipe · Posted
Oh dear I see they are still online banging on about the decisions of the trainer. They'd obviously make a wonderful training partnership Wallace, Scott and Mackenzie. Not that any of them have had much success themselves but they do know everything about it. @Comic Dog @nomates @Joe Bloggs -
By Wandering Eyes · Posted
Thousand Guineas (G1) heroine Ole Dancer will bid to land a second group 1 this weekend when she takes to Rosehill Gardens Racecourse March 14 for the Coolmore Classic Handicap (G1).View the full article
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