The
official is accusing both former Prime Minister Basdeo Panday and
former Attorney General Ramesh Lawrence Maharaj of stalling the
passage of the NRC legislation, which was passed in the House of
Representatives and only needed the approval of the Senate.
He noted that just before the legislation was due to go to the Senate,
Panday put the Bill on hold and appointed Lindsey Gillette, who
was a Minister in the Ministry of Finance to review the legislation
(which was already approved by Cabinet) and come up with changes.
“This was only a ploy to shelve the NRC,” one racing
official said.
Certain Chinese turfites and Syrian bookmakers were lobbying the
government to stop the NRC legislation, which they claim would put
the “bookies” out of business.
The Chinese connection was also associated with a company involved
in the gambling business .
The bookies were successful in the move and the NRC legislation
was swept under the carpet until the UNC went out of government.
The NRC legislation, which was proposed by former Betting Levy Board
(BLB) chairman Merlin Samlalsingh would have generated some $100
million a year in revenue from SP (starting price) betting on both
English and American racing.
It was proposed that 50 per cent of the income would have gone to
assist Sports and Culture.
Under the NRC legislation, the Off-Track Betting Shops bets would
have taken bets both English and American racing and payouts would
have been the same as on the foreign tracks.
English racing would have brought in the greater revenue because
of the number of races a day and the different tracks in England.
But this would have been in direct competition with the bookies,
who claim that they would have been forced out of business.
The People’s National Movement (PNM) Government is also being
accused of supporting the bookmakers who are being accused of “killing”
local racing. |