Legalizing online in-play betting in Australia poses a threat to racing industry and sports integrity, according to racing and hotel sector.

The Australian Government has commissioned a review of its online gambling laws, which could pave a way to legalize online in-play betting on horse racing and other sports, however, Racing NSW chief executive Peter V’landys together with Tabcorp and the hotel industry have warned the government of its negative impact.

“Expanding online live betting into sport by amending the IGA (Interactive Gaming Act) would harm the racing industry, local hotels and community clubs. Estimates suggest lost revenue of up to $10 million a year for the racing industry and licensed venues,” said Tabcorp on its submission to the inquiry.

Tabcorp’s chairwoman Paula Dwyer sees the review as a great opportunity to provide clarity on in-play betting on live sports.