Racing Queensland has responded to its State Government's decision not to follow Victoria and NSW in introducing a Minimum Bet Law.
It comes after Queensland's Racing Minister Grace Grace declared this week that she had no intention of introducing legislation to implement minimum bet requirements in the state.
A spokesperson for Racing Queensland told Racing.com, that the racing authority had discussed the issue with the minister's office and had agreed with the government's view that it was not a key priority.
The announcement comes despite Racing Queensland indicating last year that it had been strongly considering implementing a rule change in its recently completed Race Information Fees deal.
Racing Queensland said it would continue to monitor developments interstate, but wouldn't be drawn on whether or not a change could still be possible.
Racing NSW became the first state to implement a Minimum Bet Law in September 2014, where wagering companies that bet on NSW thoroughbred racing are obliged to accept non-cash account bets to lose a minimum of $2,000 for metropolitan or $1,000 for non-metropolitan races.
The minimum bet limit policy took effect in Victoria from the start of October 2016.
The bet limit available to punters betting in Victoria with approved off-course wagering service providers online or via telephone, currently allows them to win up to the following amounts:
• Metropolitan races - $2000 on any one win bet, $800 on any one place bet.
• Non-metropolitan races - $1000 on any one win bet, $400 on any one place bet.