A WA parliamentary question seeks details on the financial aspects of the TAB Sports Betting Account, specifically regarding the allocation of funds to sporting groups and the establishment of fixed odds betting. The answers provided indicate that $1.1 million was diverted from funds normally allocated to the Minister for Sport and Recreation to establish fixed odds betting.

AnsweredQoN 1438Legislative Assembly
Asked
6 May 2003
Portfolio
Racing and Gaming

QuestionView source ↗

(1) How long has the TAB Sports Betting Account been in existence?
(2) What is the amount of money allocated from the account to the Minister for Sport and Recreation for distribution to sporting groups, for each year, since the inception of the Sports Betting Accounting?
(3) When was the fixed odds betting system introduced?
(4) What is the total cost of establishing fixed odds betting?
(5) What is the total amount of funds directed from the Sports Betting Account to offset the cost of establishing fixed odds betting?
(6) What is the amount of funds that would normally have been allocated from the account to the Minister for Sport and Recreation that have been used to establish the fixed odds betting system?
(7) What other amounts have been directed by the TAB to cover the costs of establishing fixed odds betting and what is the source of these funds?
(8) What amount has been directed by the TAB to cover the costs of establishing fixed odds betting and what is the source of these funds.
(9) Have any proceeds from ‘Footo’ been directed towards establishing fixed odds betting and if so, why?
(10) To what areas of community interest, aside from sport, if any, have profits from fixed odds betting been distributed since its inception and what is the amount of each such distribution?

AnswerView source ↗

Answered
3 June 2003
Responded by
Minister representing the Minister for Racing and Gaming
Response time
28 days
(3) June 2000 (4) $1.1 million (5) Nil (6) $1.1 million (7)-(10) Nil
(4) $1.1 million (5) Nil (6) $1.1 million (7)-(10) Nil
(5) Nil (6) $1.1 million (7)-(10) Nil
(6) $1.1 million (7)-(10) Nil
(7)-(10) Nil

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