Racing and Wagering Legislation Amendment Act 2009
The Racing and Wagering Legislation Amendment Act 2009 establishes a licensing framework and associated conditions for the publication or use of WA race fields by betting operators.
Racing Bets Levy Act 2009
The Racing Bets Levy Act 2009 allows for regulations to prescribe the amount of levy payable under the Betting Control Act 1954 by domestic and offshore betting operators.
Bookmakers Betting Levy Amendment Act 2009
As a consequence of the Racing Bets Levy Act 2009, the Bookmakers Betting Levy Amendment Act 2009 abolishes the 2 per cent betting levy payable on horse and greyhound racing that was payable to race clubs registered with Racing and Wagering Western Australia (RWWA) by bookmakers licensed under the Betting Control Act 1954.
Racing Bets Levy Regulations 2009
Effective 1 November 2012 the Racing Bets Levy Regulations 2009 will prescribe a single method for paying the racing bets levy; that is, the rate will be based on 1.5% of a betting operator’s monthly turnover. Also, a premium rate of 2.0% will apply to a betting operator’s turnover for wagering conducted on thoroughbred racing events during the period 1 November to 1 January (inclusive) each year.
Effective 1 April 2013, a reduced of levy of 1% was introduced for all turnover up to and including $2.5 million. The 1.5% and 2% levy rates will only apply if and when a betting operator’s turnover has exceeded the $2.5 million threshold.
Also effective from 1 April 2013, an exemption will be provided to any betting operator whose turnover does not reach $1,000 in any month. No levy will be payable for that month, but a return must still be lodged.
Gaming and Wagering Commission Amendment Regulations (No. 2) 2009
The Gaming and Wagering Commission Amendment Regulations (No. 2) 2009 prescribe that the Gaming and Wagering Commission (‘the Commission’) is to make payments from the Racing Bets Levy Account at intervals of one month; that is, the end of each month. These Regulations also establish consumer protection principles in relation to gambling advertising.
Betting Control Amendment Regulations (No. 5) 2009
The purpose of the Betting Control Amendment Regulations (No. 5) 2009 is to:
- facilitate the lodging of returns and payment of the racing bets levy to the Commission;
- provide the Commission, or an officer of RWWA approved by the Commission, information relating to wagering activity in order to preserve the integrity and reputation of racing in Western Australia; and
- repeal regulations that are no longer considered relevant in relation to the WA race fields legislative framework.