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Business
October 6, 2023
News Corp Divests Stake in Betr, Says Report
The up-and-coming betting start-up, Betr, launched its services last October with a groundbreaking promotional campaign. At the time, the company sought to establish a strong presence in the regulated gambling sector in Australia, while at the same time engaging and retaining a large customer base rapidly. Several months after its launch, Betr was hit with […]
Industry
September 18, 2023
Anti-gambling Expert Criticizes News Corp’s CODE Bet, Report
Identified as a serious public health issue, gambling is widely spread across Australia. With hundreds of millions of dollars lost every month, losses to gambling surpass billions every year and Australians are infamous as the world’s biggest losers when it comes to the activity. Yet, lawmakers in different states are pushing for effective changes to […]
Business
December 12, 2022
News Corp Increases Share Holding in Betr
Rupert Murdoch’s media company in Australia, News Corporation, has upped its stake in Matthew Tripp’s fast-growing bookmaker betr to almost 50%. New Investment of AUD 50 Million in Matthew Tripp’s Betr The Australian Financial Review reported that the partnership between News Corp, Matthew Tripp’s BetMakers Technology Group, and Las Vegas-based Tekkorp Capital, which created Australia’s […]
Business
April 21, 2022
Tekkorp Capital to Expand in Australia with a New Sports Betting Venture
Tekkorp Capital, a digital investment and advisory group, has announced that it will go on a challenging new sports betting venture in Australia. The company is partnering with Matt Tripp, a former chair and founder of Sportsbet, BetEasy CEO and a sports betting pioneer. The partnership also includes News Corp Australia, gaming industry titans. BetMakers […]
Industry
May 31, 2021
News Corp Australia in Talks to Launch Standalone Betting Brand
A weekend report in The Sydney Morning Herald claims News Corp Australia is in advanced negotiations to launch a new sports betting brand and reshuffle player positions in the local gaming market. Talking on Two Fronts Industry sources, which remained unnamed by the media due to the confidential nature of the talks, stated that the […]
