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Australia-Based Tabcorp Signs Betting Deal With NBA

Betting company Tabcorp has reached a deal with the NBA to be the league's "authorised betting operator" in Australia. Tabcorp will become an "official -- but non-exclusive -- NBA betting partner in Australia," which means the company "can use the official NBA logos on its website." The league also has a betting deal with online bookmaker BetEasy. Tabcorp customers "bet more on NBA games than they do on any other sporting league." Tabcorp last month signed a deal with the NFL, marking that league's first "such wagering agreement" (SYDNEY MORNING HERALD, 10/22).

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Quote of the Day
It doesn’t take account of all the investments we make in many things, the costs of delivering the Championships to the standard that we deliver it to -- which, of course, builds a value in our brand, which, particularly for the top-10 players, they’ll see the benefits of when you look at the kind of contracts that they will have personally. Our business model, really carefully balanced over 150 years, has delivered that value -- yes, to us, yes, to British tennis -- but also back to the players.
-- All England Lawn Tennis Club CEO Sally Bolton, on how a source of frustration for AELTC leadership is the player group’s proposed revenue share structure as the mode of deciding the total prize money pool.
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