You will need this authorisation if you intend to run a racing club and submit wagers to a totalisator pool conducted by the Agency. This authorisation allows your racing club to accept wagers for the totalisation pool only on activities that your racing club is licensed for.
A racing club is a club where horses or greyhounds race while patrons bet on the outcome. A totalisator is a computer system that registers bets and divides the total amount won among those who won.