The WA government’s plans to privatise the TAB would threaten valuable community sport funding, according to the WA Sports Federation. Approximately 32% of current community sports funding is provided through TAB profits, funds that could be wiped-out if the state Government goes through with their planned sale of the betting agency.
Although a final decision has yet to be made, community and other affected groups have been voicing their disapproval, including Parks and Leisure Australia WA president Mark Casserly, who stated that privatising TAB ‘could set recreation in WA back 10 years and decimate participation in physical activity’.
The State Government has flagged a possible sale of the State-owned betting agency as part of its $6 billion asset sale considerations.
WA Sports Federation chief executive Rob Thompson said funding made available through the sports wagering account, which is topped up using TAB profits, made up 32 per cent of the $14.3 million allocated to community sport and recreation organisations.