TAB announces proposed tie-up with UK-listed Entain
Deal to outsource betting and broadcasting operations would increase funding for racing by at least $1b in first five years, says TAB.
TAB faced a David and Goliath battle with international operators, said chief executive Mike Tod.
Sports betting monopoly TAB has announced a plan to outsource its gambling operations to UK-based Entain on a 25-year contract aimed at lifting funding for racing and sports by $5 billion over the period.
TAB chief executive Mike Tod said the proposed strategic arrangement with Entain would provide
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