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Investor Presentaiton

Simulated Racing In order to help meet the interests of both the State and racing industry, the Government has agreed to consider the inclusion of 'virtual' or 'simulated' racing products as part of the Western Australian wagering licence What is simulated racing? • Common feature in other States' wagering licences: For example, Trackside is a simulated racing product that is authorised under the wagering licences issued to Tabcorp in NSW, Victoria and ACT Designed to complement live racing at TAB outlets and are predominately provided during periods between live races Intended to be ancillary to live race betting, with mandatory minimum periods between simulated races In Western Australia, currently offered only by Crown Resorts at the Burswood Casino under the Burswood Casino Agreement Amendments will be required to allow the TAB operator to include simulated racing products at TAB outlets • Licence conditions on simulated racing products Restricted to simulated thoroughbred, harness and greyhound racing - the simulated races would be restricted to representations of the three racing codes Restricted to retail outlets - e.g. TAB outlets and pub-TABS and not offered online Regulated time interval between simulated races - regulations would be imposed on the time interval between simulated races to ensure they are only provided as ancillary products For example, in Victoria, simulated races are required to be a minimum of 20 seconds long and must be separated by a minimum of 3 minutes Regulated hours of operation - the hours of operations will be aligned to the standard trading hours for retail outlets Consultation Forums | Future of the Western Australian TAB 13 13
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