Tag Archives: Murdoch Family

News Corp, the global media conglomerate of the Murdoch Family, is reported to be scaling down its investment in Australian sportsbook challenger Betr.  As reported by the Australian Financial Review (AFR.com), News Corp seeks to “water down its investment in Betr”, the sportsbook venture of Matthew Tripp in which it owns a 47% stake. Investment concerns have grown due to …

Betr, Matthew Tripp’s new sportsbook venture, is reportedly the front-runner for the coveted WA TAB operating licence, granted by the government of Western Australia.   Australian media reports that Betr is the ‘preferred suitor’ of the WA Gaming and Wagering Commission (DLGSC) to take charge of operating the WA TAB betting offices, ahead of Tabcorp and Entain. The Commission is reported …

From London to Wall Street, the interim results of global gambling’s listed incumbents will be probed as the industry faces systemic changes inbound during the second-half year trading. Though the finely balanced outcome of the UEFA Euro 2020 Championships will impact incumbents bottom lines – city analysts will be focused on evaluating which companies are best equipped to thrive in …