Funding and transition shock
The bill is designed to reduce greyhound racing revenue by removing online wageringBetting over the internet or apps; on this page it mainly means online bets on greyhound races., but that creates a practical risk that the industry contracts faster than welfare and rehoming arrangements can absorb. ACCCThe national competition and consumer regulator, cited here for information about how wagering and TAB money fund racing. material has described TABsA betting operator or totalisator business that takes bets on racing and sport, with some wagering revenue flowing back to racing bodies. and wagering fees as primary funding sources for racing, making the transition period a key implementation issue.