The Murdoch owned News Corp as reported in the AFR has been on the prowl in the Australian bookmaker market after successful investment in US sports bookmaker FOX Bet.
The AFR has reported that New Corp who own and run some of Australia’s biggest news outlets could be set to join the ranks of the competitive betting market in Australia.
The article outlines that the company has been seeking expressions of interests and exploring formal partnership opportunities or possibly launching a new business.
The news comes as Australia’s biggest wagering organisation Tabcorp is seeking expressions of interest for its wagering and media arm which has interest from UK listed Entain who runs Ladbrokes Australia and Neds.
A consortium that is rumoured to be headed by Matthew Tripp who has previous run and sold Sportsbet and BetEasy is also in the hunt for Tabcorp’s prized assets.