Tabcorp has boosted its international profile after the German Tote joined its wagering pools.
The deal will involve the German totalisator, which is majority-owned by French wagering operator Pari Mutuel Urbain (PMU), taking all Australian thoroughbred and harness racing and co-mingling their betting pool with Tabcorp.
Tabcorp’s existing international pooling partners include Phumelela (South Africa), Singapore Turf Club, Hong Kong Jockey Club and New Zealand Racing Board.
“As well as adding to the liquidity of the German Tote and Tabcorp pools, this arrangement will take Australian racing to a new international audience,” said Craig Nugent, Tabcorp’s chief operating officer of wagering and media.
Meanwhile, Tabcorp has also expanded its arrangements with ATG, the Swedish Horse Racing Totalisator Board, to make an extra day of harness racing available to customers.
Nugent said: “We are pleased to expand Australian harness racing’s presence in Sweden.
“As well as exposing Australian harness racing to a wider audience, the Australian racing industry shares in the revenue from Swedish customers wagering on our events.”
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