In Australia, the Gold Coast Titans team of the National Rugby League (NRL) has signed an agreement with Northern Territory-licensed online sportsbetting provider Betezy to establish its own Internet betting site at TitansBet.com.au.
The joint venture marks the first time an Australian sporting organisation has entered the Northern Territory's growing corporate bookmaking market, which could earn upwards of three billion dollars this financial year. The new site will be closely monitored by the NRL and offer online wagering on horse racing, entertainment and sport including a section devoted to rugby league.
Last week, the NRL quashed a sponsorship agreement between Sydney-based Manly-Warringah Sea Eagles and BetChoice because the League already boasted conflicting deals with operators TAB Sportsbet and Betfair. However, the Titans stated that its deal was simply taking such arrangements to a new level and increasing the return for the club.
'At a time when the game is looking for new and innovative ways to inject fresh revenue streams, we see this as a major move for our organisation,' said Michael Searle, Chief Executive Officer for the Titans.
'As far as I am concerned, when you are speaking about agreements with betting agencies, you can't be half-pregnant. The game already receives significant revenue from existing deals, we are just taking those another step forward.
'I am more than comfortable that the two arms can operate successfully, independent of one another, though obviously through the football club we will actively seek to build the clientele base.'
The Titans have been in discussions with the NRL for more than six months regarding the deal and several other clubs are thought to be looking into similar agreements.
'While we accept that sportsbetting is a reality and that clubs are looking to build revenue streams, we will retain the right to examine each proposal on a case-by-case basis,” said David Gallop, Chief Executive Officer for the NRL.
(Credit: iGaming Business)
pitch by Media Man Australia
Media Man Australia Profiles
NRL
Sports Betting
Australian Sports Entertainment
Friday, October 10, 2008
Thursday, October 09, 2008
Wednesday, October 08, 2008
NRL ready to spark rights bidding war, by Jacquelin Magnay - Fairfax - 8th October 2008
Channel Nine's stranglehold on broadcasting rugby league matches free to air is threatened by an NRL push to have its matches broadcast on several television networks and internet platforms by 2013.
Rugby league officials are even considering breaking up the rights to the NRL grand final and the top-rating State of Origin series when negotiating the next round of multimillion-dollar broadcast deals.
An NRL sub-committee has been looking at whether it is more financially attractive to split the rights, or to follow the trend of recent negotiations and stick to the one free-to-air network for an entire rugby league package.
The league rights, currently with Channel Nine and the pay-TV operator Fox Sports, are due to expire at the end of the 2012 season. Some media buyers and an external consultancy company are understood to have advised the NRL that a separate offering of the Origin series would generate a fierce bidding war and boost the NRL coffers. The Origin series is one of the most watched sporting events year after year, with this year's deciding game drawing a five city audience of 2.145 million people.
NRL chief executive David Gallop told the Herald that splitting the rights was "certainly an option, as is selling individual nights as distinct packages, a whole of these options are open to us". He said one idea was to sell the Friday night football to one broadcaster, the Saturday night to another and the Monday night to a third.
"The money is a big factor, it is the factor," Gallop said. "But we also want to see our game reach as many people as possible and be well presented."
The NRL has its free-to-air, pay-TV and broadband internet rights all expiring at the one time. While the sub-committee is investigating different opportunities, the negotiations with TV networks and internet providers won't commence for at least 18 months.
This comes as the ratings for the NRL grand final clawed back the high-flying AFL ratings when the regional figures were released yesterday.
Overall the AFL rated 3.247 million to the NRL's 3.070 million from the five capital cities and regional networks. The NRL grand final rated extremely high in the bush - one of its traditional supporter bases - with a regional audience of 996,000. The AFL's regional figures were 756,000. Of no surprise was the fact the NRL rated higher in Sydney than Melbourne and the reverse was true for the AFL.
The only disappointing aspect to the twilight grand final kick-off - seemingly well received in Sydney - was the reduced audience in Melbourne, compared to last year's grand final, which also featured the Storm.
This year the AFL grand final between Geelong and Hawthorn was the second-highest rating event, behind the Olympic Games opening ceremony, both televised on Channel Seven.
But rugby league's Origin III came in at eight, behind some Beijing Olympic Games prime-time events, the men's Australian tennis open final and the AFL grand final presentation. The NRL grand final, at No.15, rated behind all three Origin matches.
Media Man Australia Profiles
NRL
Network Nine Australia
Fox Sports
Rugby league officials are even considering breaking up the rights to the NRL grand final and the top-rating State of Origin series when negotiating the next round of multimillion-dollar broadcast deals.
An NRL sub-committee has been looking at whether it is more financially attractive to split the rights, or to follow the trend of recent negotiations and stick to the one free-to-air network for an entire rugby league package.
The league rights, currently with Channel Nine and the pay-TV operator Fox Sports, are due to expire at the end of the 2012 season. Some media buyers and an external consultancy company are understood to have advised the NRL that a separate offering of the Origin series would generate a fierce bidding war and boost the NRL coffers. The Origin series is one of the most watched sporting events year after year, with this year's deciding game drawing a five city audience of 2.145 million people.
NRL chief executive David Gallop told the Herald that splitting the rights was "certainly an option, as is selling individual nights as distinct packages, a whole of these options are open to us". He said one idea was to sell the Friday night football to one broadcaster, the Saturday night to another and the Monday night to a third.
"The money is a big factor, it is the factor," Gallop said. "But we also want to see our game reach as many people as possible and be well presented."
The NRL has its free-to-air, pay-TV and broadband internet rights all expiring at the one time. While the sub-committee is investigating different opportunities, the negotiations with TV networks and internet providers won't commence for at least 18 months.
This comes as the ratings for the NRL grand final clawed back the high-flying AFL ratings when the regional figures were released yesterday.
Overall the AFL rated 3.247 million to the NRL's 3.070 million from the five capital cities and regional networks. The NRL grand final rated extremely high in the bush - one of its traditional supporter bases - with a regional audience of 996,000. The AFL's regional figures were 756,000. Of no surprise was the fact the NRL rated higher in Sydney than Melbourne and the reverse was true for the AFL.
The only disappointing aspect to the twilight grand final kick-off - seemingly well received in Sydney - was the reduced audience in Melbourne, compared to last year's grand final, which also featured the Storm.
This year the AFL grand final between Geelong and Hawthorn was the second-highest rating event, behind the Olympic Games opening ceremony, both televised on Channel Seven.
But rugby league's Origin III came in at eight, behind some Beijing Olympic Games prime-time events, the men's Australian tennis open final and the AFL grand final presentation. The NRL grand final, at No.15, rated behind all three Origin matches.
Media Man Australia Profiles
NRL
Network Nine Australia
Fox Sports
Tuesday, October 07, 2008
Titans punt on grand final with online gambling move, by Brad Walter - The Canberra Times - 1st October 2008
A controversial new betting agency launched by Gold Coast Titans will not be allowed to offer odds on judiciary hearings such as last week's Cam Smith case.
The Titans, who anticipate an annual $3 million boost from the online gambling operation, stunned rival clubs when they announced a joint venture with Betezy.
Punters can bet with Titanbet on the grand final. Manly and Melbourne, the combatants in Sunday's premiership decider, said last night they were likely to follow suit. But the NRL said strict conditions would be placed on any arrangement entered into by clubs, including the right to prevent certain types of bets, such as the one that infuriated Storm officials last week when Sportingbet offered odds on whether or not Smith would be suspended at the judiciary.
"While we accept that sports betting is a reality and that clubs are looking to build revenue streams, we will retain the right to examine each proposal on a case-by-case basis," NRL chief executive David Gallop said.
The move by the Titans comes just weeks after the NRL prevented the Sea Eagles entering into a $2m major sponsorship deal with Betchoice. Officially, the deal was not allowed because
it conflicted with the NRL's arrangement with TAB Sportsbet but it is understood the league does not want clubs wearing the name of betting agencies on their jerseys for moral reasons.
Titans CEO Michael Searle anticipated criticism of the club's move into gambling but argued that bookmaking organisations were making money from betting on sport, including the NRL, so they might as well profit.
"There's no point being half pregnant so we've decided to take it to the next level by entering into a joint venture with a bookmaking agency," Searle said.
"Unlike other clubs, we don't rely on money from poker machines and I believe this is an opportunity to get a foothold into the growing gambling market within Australia for the benefit of rugby league."
Searle said the revenue stream created from the joint venture would fund both the football club and its charity arm, the Gold Coast Titans Community Foundation. He said Titansbet.com.au had agreed to implement certain safeguards to guarantee the integrity of the game and the players, while the club would sign a betting integrity and product fee agreement similar to those between the NRL and both Tabcorp and Betfair.
The NRL has insisted the Titans have no exposure to profit or loss from betting on a single match.
With betting in the Northern Territory expected to turn over more than $4 billion this financial year, other clubs have been approached about entering into similar partnerships. It is understood some clubs have been told they could earn $4.5 million per year from such a deal.
"It's something we've already looked at and we will consider more closely after the grand final," Manly CEO Grant Mayer said.
Melbourne Storm CEO Brian Waldron said: "It's something I envisage we will get involved with too at some stage."
Media Man Australia Profiles
NRL
Sports Betting
The Titans, who anticipate an annual $3 million boost from the online gambling operation, stunned rival clubs when they announced a joint venture with Betezy.
Punters can bet with Titanbet on the grand final. Manly and Melbourne, the combatants in Sunday's premiership decider, said last night they were likely to follow suit. But the NRL said strict conditions would be placed on any arrangement entered into by clubs, including the right to prevent certain types of bets, such as the one that infuriated Storm officials last week when Sportingbet offered odds on whether or not Smith would be suspended at the judiciary.
"While we accept that sports betting is a reality and that clubs are looking to build revenue streams, we will retain the right to examine each proposal on a case-by-case basis," NRL chief executive David Gallop said.
The move by the Titans comes just weeks after the NRL prevented the Sea Eagles entering into a $2m major sponsorship deal with Betchoice. Officially, the deal was not allowed because
it conflicted with the NRL's arrangement with TAB Sportsbet but it is understood the league does not want clubs wearing the name of betting agencies on their jerseys for moral reasons.
Titans CEO Michael Searle anticipated criticism of the club's move into gambling but argued that bookmaking organisations were making money from betting on sport, including the NRL, so they might as well profit.
"There's no point being half pregnant so we've decided to take it to the next level by entering into a joint venture with a bookmaking agency," Searle said.
"Unlike other clubs, we don't rely on money from poker machines and I believe this is an opportunity to get a foothold into the growing gambling market within Australia for the benefit of rugby league."
Searle said the revenue stream created from the joint venture would fund both the football club and its charity arm, the Gold Coast Titans Community Foundation. He said Titansbet.com.au had agreed to implement certain safeguards to guarantee the integrity of the game and the players, while the club would sign a betting integrity and product fee agreement similar to those between the NRL and both Tabcorp and Betfair.
The NRL has insisted the Titans have no exposure to profit or loss from betting on a single match.
With betting in the Northern Territory expected to turn over more than $4 billion this financial year, other clubs have been approached about entering into similar partnerships. It is understood some clubs have been told they could earn $4.5 million per year from such a deal.
"It's something we've already looked at and we will consider more closely after the grand final," Manly CEO Grant Mayer said.
Melbourne Storm CEO Brian Waldron said: "It's something I envisage we will get involved with too at some stage."
Media Man Australia Profiles
NRL
Sports Betting
Monday, October 06, 2008
Bet shop offerings too sweet to resist, Bet shop offerings too sweet to resist, by Jacquelin Magnay - The Sydney Morning Herald - 4th October 2008
To bet or not to bet? Black or red? Yes or no?
As Melbourne and Manly battle it out for rugby league's centenary premiership, the game's administrators face a seismic shift in handling the code's public image off the field. Should the NRL plunge head-first into the betting markets and grapple and mingle with the powerful bookmakers and betting agencies, or does it sideline itself from a potential money making stream so rich it could feasibly could keep a club or 10 afloat?
This week the NRL was pushing its family image with fan days at Luna Park as well as the traditional razzamattazz grand final breakfast and corporate heavyweights enjoying the Carbine Club lunch. On the field, it is clamping down on the ugly grapple tackles and trying to bury allegations of a media-led drive to have Cam Smith sidelined for the big game.
All feelgood stuff.
But amid the headlines it also cautiously sanctioned the joint venture of the Gold Coast Titans with the betting agency Betezy. Somehow the family fun of obtaining player autographs under the big smiling face of Luna Park and the clampdown on the ugly elements of the onfield play are at odds with the potential for a massive scandal involving betting and corruption.
Clearly, the league is worried about its betting connections and associated whisper campaigns, but keen to have a hand in the money being made out of the game.
League insiders say the betting occurs anyway, so it's best to be part of the action to try to control some of that action. Sports betting is the big growth market in the betting scene - already it is a $4 billion industry in the Northern Territory and growing exponentially, far faster than horse racing. Overseas, the big sporting clubs are festooned with names of betting agencies.
But sports, particularly cricket and tennis, have been rocked by international match-fixing scandals and have struggled to retain some element of control.
Yet as rugby league faces a cashed-up AFL and a revitalised soccer competition coinciding with a domestic economic downturn which has a direct impact on crowd figures, club membership and sales of club paraphernalia, for the clubs, taking a lucrative cut from the millions of gambling dollars is too enticing.
Social impact and ethical issues have barely been debated. In the coming year, the league clubs will scurry for the cash, with few questions asked.
At a meeting of NRL chief executives earlier this year, there was even a proposal put forward to have the NRL set up its own betting agency and have the clubs as shareholders. It was rejected after some debate.
The quick-moving Titans have opened up the floodgates for betting partnerships and have been smart in formulating a commercial deal not at odds with TAB Sportsbet's minor sponsorship of the NRL.
Most clubs have already been approached by betting agencies wanting joint ventures or licence fee deals and are ready to follow the Titans' lead. Next season most clubs will be linked - in some form or other - to a betting agency. Just like the football clubs were used as a marketing front to push home loans in the past five years, club websites are already being used to link fans to various betting companies. The next step is to strengthen those financial connections.
The titansbet.com.au website offers a 25 per cent sign-up bonus and $200 if you refer a friend. Markets are being offered not just on tomorrow's grand final but also on the lower grades and other sports, including racing.
The Titans have to be at arm's length from the betting side of things, and follow a set of guidelines allowing the code to investigate suspicious bets. There is some financial prudence, too. The club cannot have exposure to profit or loss from betting on a single match.
NRL chief executive David Gallop has been loath to enter into financial negotiations with betting agencies because of the potential impact on the code's image and the need to safeguard its integrity. TAB Sportsbet sponsored the NRL to placate a state government which was reluctant to demand the agency return a percentage of revenue to the code.
Certainly, league wants a fee from the agencies, as much as 10 per cent, similar to a model in New Zealand, but more realistically could claim as much as 5 per cent for the rights to its intellectual property. This week officials continued talks with the NSW Government about a national, all-sports response to the issue, worried about the proliferation of exotic bets, such as the book on Cam Smith's judiciary outcome. It is a fair bet this issue will bubble along for some time yet.
Media Man Australia Profiles
NRL
Sports Betting
Sports News
As Melbourne and Manly battle it out for rugby league's centenary premiership, the game's administrators face a seismic shift in handling the code's public image off the field. Should the NRL plunge head-first into the betting markets and grapple and mingle with the powerful bookmakers and betting agencies, or does it sideline itself from a potential money making stream so rich it could feasibly could keep a club or 10 afloat?
This week the NRL was pushing its family image with fan days at Luna Park as well as the traditional razzamattazz grand final breakfast and corporate heavyweights enjoying the Carbine Club lunch. On the field, it is clamping down on the ugly grapple tackles and trying to bury allegations of a media-led drive to have Cam Smith sidelined for the big game.
All feelgood stuff.
But amid the headlines it also cautiously sanctioned the joint venture of the Gold Coast Titans with the betting agency Betezy. Somehow the family fun of obtaining player autographs under the big smiling face of Luna Park and the clampdown on the ugly elements of the onfield play are at odds with the potential for a massive scandal involving betting and corruption.
Clearly, the league is worried about its betting connections and associated whisper campaigns, but keen to have a hand in the money being made out of the game.
League insiders say the betting occurs anyway, so it's best to be part of the action to try to control some of that action. Sports betting is the big growth market in the betting scene - already it is a $4 billion industry in the Northern Territory and growing exponentially, far faster than horse racing. Overseas, the big sporting clubs are festooned with names of betting agencies.
But sports, particularly cricket and tennis, have been rocked by international match-fixing scandals and have struggled to retain some element of control.
Yet as rugby league faces a cashed-up AFL and a revitalised soccer competition coinciding with a domestic economic downturn which has a direct impact on crowd figures, club membership and sales of club paraphernalia, for the clubs, taking a lucrative cut from the millions of gambling dollars is too enticing.
Social impact and ethical issues have barely been debated. In the coming year, the league clubs will scurry for the cash, with few questions asked.
At a meeting of NRL chief executives earlier this year, there was even a proposal put forward to have the NRL set up its own betting agency and have the clubs as shareholders. It was rejected after some debate.
The quick-moving Titans have opened up the floodgates for betting partnerships and have been smart in formulating a commercial deal not at odds with TAB Sportsbet's minor sponsorship of the NRL.
Most clubs have already been approached by betting agencies wanting joint ventures or licence fee deals and are ready to follow the Titans' lead. Next season most clubs will be linked - in some form or other - to a betting agency. Just like the football clubs were used as a marketing front to push home loans in the past five years, club websites are already being used to link fans to various betting companies. The next step is to strengthen those financial connections.
The titansbet.com.au website offers a 25 per cent sign-up bonus and $200 if you refer a friend. Markets are being offered not just on tomorrow's grand final but also on the lower grades and other sports, including racing.
The Titans have to be at arm's length from the betting side of things, and follow a set of guidelines allowing the code to investigate suspicious bets. There is some financial prudence, too. The club cannot have exposure to profit or loss from betting on a single match.
NRL chief executive David Gallop has been loath to enter into financial negotiations with betting agencies because of the potential impact on the code's image and the need to safeguard its integrity. TAB Sportsbet sponsored the NRL to placate a state government which was reluctant to demand the agency return a percentage of revenue to the code.
Certainly, league wants a fee from the agencies, as much as 10 per cent, similar to a model in New Zealand, but more realistically could claim as much as 5 per cent for the rights to its intellectual property. This week officials continued talks with the NSW Government about a national, all-sports response to the issue, worried about the proliferation of exotic bets, such as the book on Cam Smith's judiciary outcome. It is a fair bet this issue will bubble along for some time yet.
Media Man Australia Profiles
NRL
Sports Betting
Sports News
Titans punt on grand final with online gambling move, by Brad Walter - The Sydney Morning Herald - 1st October 2008
A controversial new betting agency launched by Gold Coast Titans will not be allowed to offer odds on judiciary hearings such as last week's Cam Smith case.
The Titans, who anticipate an annual $3 million boost from the online gambling operation, stunned rival clubs when they announced a joint venture with Betezy.
Punters can bet with Titanbet on the grand final. Manly and Melbourne, the combatants in Sunday's premiership decider, said last night they were likely to follow suit. But the NRL said strict conditions would be placed on any arrangement entered into by clubs, including the right to prevent certain types of bets, such as the one that infuriated Storm officials last week when Sportingbet offered odds on whether or not Smith would be suspended at the judiciary.
"While we accept that sports betting is a reality and that clubs are looking to build revenue streams, we will retain the right to examine each proposal on a case-by-case basis," NRL chief executive David Gallop said.
The move by the Titans comes just weeks after the NRL prevented the Sea Eagles entering into a $2m major sponsorship deal with Betchoice. Officially, the deal was not allowed because it conflicted with the NRL's arrangement with TAB Sportsbet but it is understood the league does not want clubs wearing the name of betting agencies on their jerseys for moral reasons.
Titans CEO Michael Searle anticipated criticism of the club's move into gambling but argued that bookmaking organisations were making money from betting on sport, including the NRL, so they might as well profit.
"There's no point being half pregnant so we've decided to take it to the next level by entering into a joint venture with a bookmaking agency," Searle said.
"Unlike other clubs, we don't rely on money from poker machines and I believe this is an opportunity to get a foothold into the growing gambling market within Australia for the benefit of rugby league."
Searle said the revenue stream created from the joint venture would fund both the football club and its charity arm, the Gold Coast Titans Community Foundation. He said Titansbet.com.au had agreed to implement certain safeguards to guarantee the integrity of the game and the players, while the club would sign a betting integrity and product fee agreement similar to those between the NRL and both Tabcorp and Betfair.
The NRL has insisted the Titans have no exposure to profit or loss from betting on a single match.
With betting in the Northern Territory expected to turn over more than $4 billion this financial year, other clubs have been approached about entering into similar partnerships. It is understood some clubs have been told they could earn $4.5 million per year from such a deal.
"It's something we've already looked at and we will consider more closely after the grand final," Manly CEO Grant Mayer said.
Melbourne Storm CEO Brian Waldron said: "It's something I envisage we will get involved with too at some stage."
Media Man Australia Profiles
NRL
Sports Betting
Sporting Bet
Betfair
Sports News
The Titans, who anticipate an annual $3 million boost from the online gambling operation, stunned rival clubs when they announced a joint venture with Betezy.
Punters can bet with Titanbet on the grand final. Manly and Melbourne, the combatants in Sunday's premiership decider, said last night they were likely to follow suit. But the NRL said strict conditions would be placed on any arrangement entered into by clubs, including the right to prevent certain types of bets, such as the one that infuriated Storm officials last week when Sportingbet offered odds on whether or not Smith would be suspended at the judiciary.
"While we accept that sports betting is a reality and that clubs are looking to build revenue streams, we will retain the right to examine each proposal on a case-by-case basis," NRL chief executive David Gallop said.
The move by the Titans comes just weeks after the NRL prevented the Sea Eagles entering into a $2m major sponsorship deal with Betchoice. Officially, the deal was not allowed because it conflicted with the NRL's arrangement with TAB Sportsbet but it is understood the league does not want clubs wearing the name of betting agencies on their jerseys for moral reasons.
Titans CEO Michael Searle anticipated criticism of the club's move into gambling but argued that bookmaking organisations were making money from betting on sport, including the NRL, so they might as well profit.
"There's no point being half pregnant so we've decided to take it to the next level by entering into a joint venture with a bookmaking agency," Searle said.
"Unlike other clubs, we don't rely on money from poker machines and I believe this is an opportunity to get a foothold into the growing gambling market within Australia for the benefit of rugby league."
Searle said the revenue stream created from the joint venture would fund both the football club and its charity arm, the Gold Coast Titans Community Foundation. He said Titansbet.com.au had agreed to implement certain safeguards to guarantee the integrity of the game and the players, while the club would sign a betting integrity and product fee agreement similar to those between the NRL and both Tabcorp and Betfair.
The NRL has insisted the Titans have no exposure to profit or loss from betting on a single match.
With betting in the Northern Territory expected to turn over more than $4 billion this financial year, other clubs have been approached about entering into similar partnerships. It is understood some clubs have been told they could earn $4.5 million per year from such a deal.
"It's something we've already looked at and we will consider more closely after the grand final," Manly CEO Grant Mayer said.
Melbourne Storm CEO Brian Waldron said: "It's something I envisage we will get involved with too at some stage."
Media Man Australia Profiles
NRL
Sports Betting
Sporting Bet
Betfair
Sports News
Australian Sports Club Partners With Online Gambling Operator - 1st October 2008
Online gambling exists whether or not the American government and United States sports leagues wants to admit it. While American sports leagues continue to operate as if gambling on their sports does not exist, other countries' teams are embracing online gambling.
The Gold Coast Titans have formed a partnership with Betezy, an online gaming company. The interesting part of this scenario is that the Titans are not the only club that is expected to enter into this type of agreement.
Manly and Manchester, the two teams that will face off in The premiere league decider, also have stated that they will most likely be entering into agreements with online gambling operators as well.
In fact, many of the clubs are moving towards this type of partnership. The NRL has approved some of these partnerships while they have denied others. They are reviewing all cases involving sports betting companies.
"While we accept that sports betting is a reality and that clubs are looking to build revenue streams, we will retain the right to examine each proposal on a case by case basis," said NRL Chief Executive, David Gallop.
In the United States, sports leagues such as the NFL have pretended that gambling does not exist on their sport. They like to believe that the millions of viewers that tune in to their championship game, the Super Bowl, do so for the product.
The reality is that most of the people who watch could care less about the product and are only interested in one of the gambling wagers they have on the game.
In Australia, they are recognizing that sports betting exists and allowing to let the industry grow with regulations in place to ensure the integrity of their game.
Media Man Australia Profiles
Sports Betting
Sports News
Casino News Media
The Gold Coast Titans have formed a partnership with Betezy, an online gaming company. The interesting part of this scenario is that the Titans are not the only club that is expected to enter into this type of agreement.
Manly and Manchester, the two teams that will face off in The premiere league decider, also have stated that they will most likely be entering into agreements with online gambling operators as well.
In fact, many of the clubs are moving towards this type of partnership. The NRL has approved some of these partnerships while they have denied others. They are reviewing all cases involving sports betting companies.
"While we accept that sports betting is a reality and that clubs are looking to build revenue streams, we will retain the right to examine each proposal on a case by case basis," said NRL Chief Executive, David Gallop.
In the United States, sports leagues such as the NFL have pretended that gambling does not exist on their sport. They like to believe that the millions of viewers that tune in to their championship game, the Super Bowl, do so for the product.
The reality is that most of the people who watch could care less about the product and are only interested in one of the gambling wagers they have on the game.
In Australia, they are recognizing that sports betting exists and allowing to let the industry grow with regulations in place to ensure the integrity of their game.
Media Man Australia Profiles
Sports Betting
Sports News
Casino News Media
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