Good Neighbour Policy

Good Neighbour Policy

The Good Neighbour Policy is an agreement amongst horse racing jurisdictions that they shall not provide betting on horse racing to residents of other signatory jurisdictions without the permission of that signatory jurisdiction, nor solicit, market nor advertise betting without prior authorisation from that other signatory jurisdiction.

The signatories to the agreement stated that its purpose was to show their unity in the cracking down on illegal, unlicenced or unauthorised offshore bookmakers on horse racing, in order to protect the revenue of the signatories.

It is viewed by some informed and interested observers as documenting an international cartel to defend the signatories from competition from commercial bookmakers and bet exchanges so as to maintain higher profits for themselves.

Initially signed by the Hong Kong Jockey Club and the Japan Racing Association in 2002. On September 1, 2003, representatives from the Australian Racing Board, the Hong Kong Jockey Club, the Turf Authorities of India, the Japan Racing Association, the Korea Racing Association, New Zealand Thoroughbred Racing, the Singapore Turf Club and the Jockey Club of Turkey signed the multilateral agreement in Hong Kong on September 1, 2003. The Asian Racing Federation also endorsed the agreement.

External links

* http://news.bbc.co.uk/1/hi/world/asia-pacific/3197061.stm
* http://racing.scmp.com/english/free/news/hkjc/Clubnews01092003.htm


Wikimedia Foundation. 2010.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Good Neighbour Policy — Popular name for the policy toward Latin America pursued in the 1930s by Pres. Franklin D. Roosevelt. In a marked departure from its traditional interventionism, which was abhorrent to Latin Americans, the U.S. repudiated its assumed right to… …   Universalium

  • Good Neighbour Policy — Die Good Neighbor Policy (deutsch Politik der guten Nachbarschaft) war eine von den USA unter Franklin D. Roosevelt bis etwa 1937/1938 betriebene Politik gegenüber den lateinamerikanischen Staaten, die sich durch Respekt gegenüber diesen Staaten… …   Deutsch Wikipedia

  • good — /good/, adj., better, best, n., interj., adv. adj. 1. morally excellent; virtuous; righteous; pious: a good man. 2. satisfactory in quality, quantity, or degree: a good teacher; good health. 3. of high quality; excellent. 4. right; proper; fit:… …   Universalium

  • policy — policy1 /pol euh see/, n., pl. policies. 1. a definite course of action adopted for the sake of expediency, facility, etc.: We have a new company policy. 2. a course of action adopted and pursued by a government, ruler, political party, etc.: our …   Universalium

  • good-neighbor — also (chiefly British English) good neighbour, adj. phrase, in reference to U.S. foreign policy, especially in Latin America, 1928, originally in Herbert Hoover. The good neighbours is Scottish euphemism for the fairies (1580s) …   Etymology dictionary

  • Beggar thy neighbour — Beggar thy neighbour, or beggar my neighbour, policies are those that seek benefits for one country at the expense of others. Such policies attempt to remedy the economic problems in one country by means which tend to worsen the problems of other …   Wikipedia

  • United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… …   Universalium

  • China's Relations with Its Neighbours — ▪ 2006       During the administration of Chinese Pres. Hu Jintao, who took office in 2003, China adopted a so called Good Neighbour Policy as part of a new strategy of “peaceful development,” in which China sought to promote an interdependent,… …   Universalium

  • Amerikanisch-Kubanische Beziehungen — Das Verhältnis zwischen den USA und Kuba ist von starken Spannungen geprägt. Diese Spannungen manifestieren sich insbesondere in dem Handelsembargo, welches die USA 1962 während des Kalten Krieges gegen Kuba verhängten und das bis heute… …   Deutsch Wikipedia

  • Diplomatische Beziehungen zwischen Kuba und den USA — Das Verhältnis zwischen den USA und Kuba ist von starken Spannungen geprägt. Diese Spannungen manifestieren sich insbesondere in dem Handelsembargo, welches die USA 1962 während des Kalten Krieges gegen Kuba verhängten und das bis heute… …   Deutsch Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”