State Government moves to protect racing jobs (SA)

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Australia/NZ

SOUTH AUSTRALIA:  The State Government has announced it will provide $4.85 million to South Australia's racing industry to protect local jobs and help offset losses incurred as a result of the betting operations tax. Under the former Labor administration, South Australia was the first state in the country to introduce the tax on bets made by SA racing and sports fans with corporate booking agencies, which prompted counter measures by bookmakers