Vision Australia Radio are a community radio group with whom we have an arrangement to broadcast the Punters’ Club each Saturday morning between 7:30 and 8:30 am. They are looking to raise funds Our Annual Vision Australia Radio Donation Drive is on now until June 30. It’s the time of the year where we call on the community, our listeners and supporters of diverse backgrounds to lend a hand and support the work we do to make information accessible to the blind and low-vision (BLV) community by donating here. The sad reality is that our transmission costs are starting to take their toll and they are contributing to our annual overheads reaching into the millions. This year our radio service is likely to run at a deficit of more than $850,000 which is unsustainable. We need the communities support more than ever. The donation page is https://bit.ly/2IENYd4

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  In light of several questions I have received regarding the various betting taxes etc. I took the opportunity request some further clarification from TRSA Chief Operating Officer Nick Redin as to how it all works. Thanks to Nick for his concise  explanation. In a normal year TRSA would generate 55% of its revenue from the SA TAB, about $33M and 35% from  Net Betting Operations Contributions (BOC) (known as race fields in other States) or about $ 22M. The $22M net betting operations is made up as follows Gross Betting Operations                              $ 29M – these are payments from all other wagering operators bar the SATAB Less Interstate race fields fees paid              $   7M These figures can be found on page 40 of our 2018 annual report at https://www.theracessa.com.au/files/8845_2018_trsa_annual_report.pdf?v=304  It should be noted that because SA was the first state to introduce the Point of Consumption Tax (POC) and because our POC rate is the highest in the country corporate bookmakers have been actively discouraging betting on SA races which continues to have a significant negative effect on the BOC returns.   Regarding the best return for the SA industry it is wagering through the SATAB, preferably on SA thoroughbred races. The Industry gets $7.66 for every $100 bet through the SATAB and only $ 2.59 per $100 bet through all other wagering operators. About 3 to 1 in favour of the TAB.  TRSA encourages all racing participants to bet through the SATAB rather than a corporate.

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