The State Government has announced a historic reform package for the racing industry with the objective of securing its long-term sustainability. The Government will move forward with the sale of the WA TAB and also introduce a 'point of consumption tax' which streamlines taxes for the industry, while also ensuring that foreign-owned corporate bookmakers pay their fair share. The changes follow extensive consultation with the racing industry and other stakeholders.
The next major milestone for the sale of the TAB will be the introduction of enabling legislation into State Parliament early in 2019, which will set out the framework for establishing the new wagering licence regime and racing industry funding model. Read more.