Not sure why anyone should be trying to steer this discussion into Lay Back and think of England, considering what an irredeemable mess the local industry is in.
Consider what an impact Betfair has if you accept the estimate that its presence lifts overall revenue by 20%.
That is if Betfair is down, punters might go elsewhere, but nowhere near enough to compensate.
Presumably if Betfair action is merely lower, overall revenue will also be impacted significantly.
V'landys was clobbered on Betfair yesterday, so I doubt he'll be enthralling us with how exceptional turnover has been, anytime soon.
Tim Moore-Barton, CEO of Betfair Australia, believes that more racing administrators are becoming aware of the importance of having a viable onshore betting exchange.
“The technology outage that we had during the Warrnambool Carnival in May is a pretty interesting case study,” said Moore-Barton on Racing.com’s Racing Ahead on RSN.
“I think that led to Racing Victoria understanding the importance of the product.
“The first two days of Warrnambool had industry turnover across all operators being up 17 per cent (Tuesday) and 15 per cent (Wednesday).
“Unfortunately on the third day (Thursday), we had a full day outage and that actually led to industry turnover being down 6 per cent.
“When Betfair was down, the industry as a whole suffered.