{"id":312,"date":"2021-06-04T09:46:54","date_gmt":"2021-06-04T06:46:54","guid":{"rendered":"https:\/\/xxbet-company.com\/news-corp-australia-aiming-for-fox-bet-debut-could-pursue-tabcorp-sports-wagering-unit\/"},"modified":"2021-06-04T09:46:54","modified_gmt":"2021-06-04T06:46:54","slug":"news-corp-australia-aiming-for-fox-bet-debut-could-pursue-tabcorp-sports-wagering-unit","status":"publish","type":"post","link":"https:\/\/xxbet-company.com\/ja\/news-corp-australia-aiming-for-fox-bet-debut-could-pursue-tabcorp-sports-wagering-unit\/","title":{"rendered":"News Corp Australia Aiming for FOX Bet Debut, Could Pursue Tabcorp Sports Wagering Unit"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_34 counter-flat ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">\u76ee\u6b21<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/xxbet-company.com\/ja\/news-corp-australia-aiming-for-fox-bet-debut-could-pursue-tabcorp-sports-wagering-unit\/#Tabcorp_Could_Be_Objective_Too\" title=\"Tabcorp Could Be Objective, Too\">Tabcorp Could Be Objective, Too<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/xxbet-company.com\/ja\/news-corp-australia-aiming-for-fox-bet-debut-could-pursue-tabcorp-sports-wagering-unit\/#More_Moving_Parts_for_News_Corp_Tripp\" title=\"More Moving Parts for News Corp, Tripp\">More Moving Parts for News Corp, Tripp<\/a><\/li><\/ul><\/nav><\/div>\n<p>News Corp Australia is reportedly in late-stage discussions with a group headed by renowned Australian bookmaker Matthew Tripp. That could lead to the creation of a new wagering entity and a run at Tabcorp\u2019s media and sports betting businesses.<\/p>\n<figure aria-describedby=\"caption-attachment-175131\" data-style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"wp-image-175131 lazyload\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/tripp2-142x80.jpg?x38396\" data-src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/tripp2-142x80.jpg?x38396\" alt=\"News Corp Tripp\" width=\"1200\" height=\"675\" data-srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/tripp2-142x80.jpg 142w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/tripp2-1024x576.jpg 1024w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/tripp2-768x432.jpg 768w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/tripp2.jpg 1280w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" data- title=\"\"><img loading=\"lazy\" class=\"wp-image-175131\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/tripp2-142x80.jpg?x38396\" alt=\"News Corp Tripp\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/tripp2-142x80.jpg 142w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/tripp2-1024x576.jpg 1024w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/tripp2-768x432.jpg 768w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/05\/tripp2.jpg 1280w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" title=\"\"><figcaption class=\"text-description\">Australian bookmaker Matthew Tripp. He may be teaming with News Corp to make a run at Tabcorp assets. (Image: <em>The Australian<\/em>)<\/figcaption><\/figure>\n<p><strong>Unidentified sources with knowledge of the matter tell <i>The Sydney Morning Herald <\/i>that the media giant is also in discussions with its US operation \u2014 Fox Corp. (NASDAQ:FOXA) \u2014 to procure licensing rights to use the FOX Bet brand for the new Aussie venture.<\/strong><\/p>\n<p>Fox previously sought to bring the betting business to Australia with the help of another wagering company. But local media reports indicate Rupert Murdoch\u2019s enterprise will run FOX Bet in the Land Down Under.<\/p>\n<p>That jibes with News Corp\u2019s efforts to bolster its <a href=\"https:\/\/www.casino.org\/news\/fox-could-bid-for-tabcorp-to-increase-sports-betting-exposure\/\" rel=\"nofollow noopener\" target=\"_blank\">sports wagering profile<\/a> in Australia, which is one of the most active, mature sports betting markets in the world.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tabcorp_Could_Be_Objective_Too\"><\/span>Tabcorp Could Be Objective, Too<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>News of a potential arrangement between News Corp Australia and a Tripp-backed consortium emerges just days after BetMakers \u2013 a company to which the famed bookmaker is a special adviser \u2013 <a href=\"https:\/\/www.casino.org\/news\/betmakers-joins-bidding-party-for-tabcorp-media-sports-betting-assets\/\" rel=\"nofollow noopener\" target=\"_blank\">lobbed a $3.1 billion offer <\/a>for Tabcorp\u2019s coveted media and sports wagering divisions.<\/p>\n<div class=\"callout\">\n<p>With today\u2019s news that Tripp and News Corp are considering a partnership of some kind, speculation is intensifying that the two parties could come together to make a run at the Tabcorp businesses. That would make sense, because rumors previously indicated the media company could enter the Tabcorp bidding process at some point.<\/p>\n<\/div>\n<p>It\u2019d also be practical on another level: News Corp\u2019s deep pockets. While BetMakers\u2019 offer for the Tabcorp assets tops <a href=\"https:\/\/www.casino.org\/news\/tabcorp-could-take-month-to-decide-on-sale-of-media-betting-arms\/\" rel=\"nofollow noopener\" target=\"_blank\">proposals made by<\/a> Apollo Global Management (NYSE:APO) and Entain Plc (OTC:GMVHY), there are concerns the sportsbook operator\u2019s bid of a mix of cash and equity won\u2019t be compelling to Tabcorp shareholders that are looking to wash their hands of the aforementioned units. Conversely, Apollo and Entain are offering cash.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"More_Moving_Parts_for_News_Corp_Tripp\"><\/span>More Moving Parts for News Corp, Tripp<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Tripp\u2019s BetMakers isn\u2019t part of the group that\u2019s aiming to bring the FOX Bet brand to Australia. But he could get involved on that front assuming the suitor\u2019s bid for the Tabcorp assets proves successful.<\/p>\n<p>If that happens, the plan would be for Tripp to run the new FOX Bet Australia platform in conjunction with Tabcorp\u2019s popular TAB sportsbook, with the aim being to capture younger bettors that prefer sports to horse racing, according to the <i>Sydney Morning Herald<\/i>.<\/p>\n<p><strong>The Murdochs, which control News Corp and the Fox assets in the US, have some experience with two sports wagering brands operating under one corporate umbrella. FOX Bet in the US functions side-by-side with FanDuel under Flutter Entertainment (OTC:PDYPY) management.<\/strong><\/p>\n<p>However, that\u2019s an <a href=\"https:\/\/www.casino.org\/news\/fanduel-ceo-matt-king-is-leaving-spin-off-could-be-affected\/\" rel=\"nofollow noopener\" target=\"_blank\">increasingly contentious relationship<\/a>, indicating the Murdochs have potentially learned some lessons that will be applied to any potential marriage between Tripp and FOX Bet Australia. Still, teaming with Tripp is an alluring prospect for the media company, as it looks to shore up its sports wagering exposure. He created Sportsbet \u2014 Australia\u2019s second-largest bookmaker behind TAB.<\/p>\n<p>The post <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\/news-corp-may-team-with-matthew-tripp-on-aussie-sports-betting-group\/\" target=\"_blank\">News Corp Australia Aiming for FOX Bet Debut, Could Pursue Tabcorp Sports Wagering Unit<\/a> appeared first on <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\" target=\"_blank\">Casino.org<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>News Corp Australia is reportedly in late-stage discussions with a group headed by renowned Australian bookmaker Matthew Tripp. That could lead to the creation of a new wagering entity and a run at Tabcorp\u2019s media and sports betting businesses. Australian bookmaker Matthew Tripp. He may be teaming with News Corp to make a run at Tabcorp assets. (Image: The Australian) Unidentified sources with knowledge of the matter tell The Sydney Morning Herald that the media giant is also in discussions with its US operation \u2014 Fox Corp. (NASDAQ:FOXA) \u2014 to procure licensing rights to use the FOX Bet brand for the new Aussie venture. Fox previously sought to bring the <a href=\"https:\/\/xxbet-company.com\/ja\/news-corp-australia-aiming-for-fox-bet-debut-could-pursue-tabcorp-sports-wagering-unit\/\" class=\"more-link\">&#8230;<\/a><\/p>","protected":false},"author":1,"featured_media":313,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/posts\/312"}],"collection":[{"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/comments?post=312"}],"version-history":[{"count":0,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/posts\/312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/media\/313"}],"wp:attachment":[{"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/media?parent=312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/categories?post=312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/tags?post=312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}