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Centrebet to manage racing and sports betting
 February 19, 2009, 8:55 am (2 years ago)The Business Spectator reports that Australian online gambling group Centrebet has signed an agreement to control the fixed odds racing and sports betting product range of the ACT TAB, Racing & Wagering Western Australia and Tote Tasmania.
The agreement starts mid-quarter 2 2009, compensating Centrebet via a service fee progressively structured to aim expansion.
Centrebet m.d. Con Kafataris said: “The selection of Centrebet to manage the top increasing area of the TAB's business is a rich support of the systems, processes and experience of the Centrebet team.
"The chance to manage AU$200 million in TAB fixed odds betting earnings is thrilling. However the real value for Centrebet is in sharing the expansion in income that our expanded event coverage and new products due for release in 2009 is going to deliver.”
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