RA CEO Larry Wainstein recently stated that the Racing Association governs all stake money paid to owners and it is them that foot the bill. We try to find out where our stakes come from and where they go
The NHA states that they are there to maintain the integrity of horse racing. I happen to think it is vital that we have a strong, independent regulatory body. Unfortunately the way this incident was handled has done little to convince me that we do.
The awarding of the “unauthorised” Protea colours was done on the strength of an email which was sent to the organisers (Mr Larry Wainstein) by the Chief Financial Officer of SASCOC…
Gambling has been delegated to the provinces and we have to deal with 9 different gambling boards, with 9 different standards and 9 different procedures and 9 different tax rates
‘I called the owner and before I could even make the offer he excitedly told me that a certain South African bookmaker had just called 10 minutes earlier to make an offer of R5m’
