Tabcorp threatens legal action against Ladbrokes and Neds over gambling deal with NSW pubs
Deal with Australian Hotels Association raises prospect of more sport betting promotions in pubs amid rising criticism of gambling operations
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Gambling giant Tabcorp has threatened legal action against competitors Ladbrokes and Neds as it seeks to tear up a partnership that jeopardises its lucrative monopoly in New South Wales pubs and raises the prospect of more betting ads inside venues.
The dispute highlights the increasingly competitive sports gambling industry in Australia, with companies battling for a larger share of the multibillion-dollar market. Tabcorp, traditionally known for in-store betting, is now prioritising online wagering in direct competition with Labrokes and Neds.
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Law (Australia) | The Guardian
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