The $64.8 million Tabcorp took over the 10 events was only 3.5% higher than in 2007, and 3.2% higher than in 2006. Tabcorp's claim that the subdued growth was due to "leakage" to other betting agencies rather than slower wagering growth in general, was seemingly backed in its own results for its fixed-price Sportsbet race betting, which generated $10 million in revenue yesterday, a 30% improvement on last year (albeit helped by the recent introduction of Tabcorp's own Northern Territory bookmaker, Luxbet). The company believes last month's relaxing of advertising regulations in Victoria and NSW, which lifted a ban on the lower fee-paying NT operators' advertising, has triggered $20 million in gaming turnover shifting from the TAB, which will in turn cut royalty payments to the racing industry.