2026-04-16 22:48 UTC
@BobLefridge @cuddlyanarchist
This bit confuses the heck out of me
"Simpson said the money for the transition is coming from TAB.
"It's money that was previously essentially going into greyhound racing and it's being used to fund the transition programme."
If there's no more greyhound racing surely the money that's coming in from it now is going to stop? Do TAB profits normally go into consolidated funds, and therefore offset general taxation? Presumably they don't care how much is diverted for industry support, and have been doing this circular nonsense all along. Fuck I hate gambling.
Edit, nope. None of it goes to anything other than paying the gamblers (80%) or supporting the facing and sporting codes.
Replies (1)
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@RedRobyn@mastodon.nz 2026-04-16 23:10
@BobLefridge @cuddlyanarchist 80/20 return to gamblers/racing+sports they are betting on I mean pub gambling isn't much better, but they at least try to community wash it by taking from the poorest communities and giving it to more well off communities sports clubs, charitable orgs, youth groups, artistic endeavours etc