Tough luck ahead for gaming sector

Article Abstract:

An Australian Productivity Commission investigation into the gambling industry may result in limits on gaming machines and decreasing profits for gaming companies. Tabcorp Holdings Ltd. has seen its share price fall from a 1999 high of $13.45 to about $10, and TAB's stock has decreased from $3.58 to $2.67. The Productivity Commission will issue its final report in November 1999.

Misc. Amusement, Recreation Services, Legal Gambling, Gambling Industries, Victoria, Statistical Data Included, Finance, Investigations, Column, Social policy, Gambling industry, Gambling, Australia. Productivity Commission, Tabcorp Holdings Ltd., TAB

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Bloodline fever

Article Abstract:

The internationalization of the racing industry has brought better bloodlines to Australia and the prospect of winning English classic races closer. Breeding racehorses has become an international business and a number of world-class families are increasing who deliver the goods that are necessary for horses.

Commercial Sports, Sports Clubs & Racing, Spectator Sports, Racing, including track operation, Racetracks, Thoroughbred Racing, International aspects, Horse racing, Horse-racing, Racing

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