Australian Capital Territory
Race and Sports Bookmaking (Rules for Sports Bookmaking) Determination 2008 (No 2)
Disallowable Instrument DI2008—211
made under the
Race and Sports Bookmaking Act 2001, s23(1) - Rules for sports bookmaking

EXPLANATORY STATEMENT

The Race and Sports Bookmaking Act 2001 (the Act) regulates the activities of sports bookmakers in the Australian Capital Territory.

Part 3 of the Act provides for the conduct and control of sports bookmaking.  In particular, section 23 of the Act provides that the Gambling and Racing Commission may determine rules for sports bookmaking.  

This Instrument commences on the day after notification and provides for the rules for sports bookmaking and revokes            DI2008-115 dated 16 May 2008 and notified under the Legislation Register on 22 May 2008. 

As a consequence of amendments to the determination of sports bookmaking events made pursuant to section 20 of the Act which extend approved international racing events to include all New Zealand Groups 1, 2 and 3 greyhound and harness racing, together with all Canadian, German, Italian and United States of America Groups 1, 2 and 3 thoroughbred racing events, as classified and conducted by the relevant controlling authorities for the respective jurisdictions, it is necessary to similarly amend the associated rules for sports bookmaking in this Instrument.

New clause 9.2.1 has been inserted to provide for sports bookmakers to offer New Zealand greyhound racing events as a fixed-odds market if the event retains Group 1, Group 2 or Group 3 racing status as classified by the relevant controlling authority.

New clause 9.3.1 has been inserted to provide for sports bookmakers to offer New Zealand harness racing events as a    fixed-odds market if the event retains Group 1, Group 2 or Group 3 racing status as classified by the relevant controlling authority.

Clause 9.5 has been amended to provide for sports bookmakers to offer international thoroughbred racing markets as a fixed-odds market if the event retains Group 1, Group 2 or Group 3 racing status as classified by the International Cataloguing Standards Committee and is conducted in accordance with the relevant controlling authority.

In all other respects the Instrument has not been altered.