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“It’s a tax grab that will be directly responsible for the withdrawal of funding to local cricket and footy teams and children’s sport,” says Anthony Ball, Executive Director of Clubs Australia. “And that will be on the government”.
The company’s new deal will see Novomatic expand into Romania, as Loteria Romania spends €75 million on 10 000 Novomatic-powered pokies. The profits from the games will be shared equally between both parties, and they will also split business expenses. The partnership will last for the next 15 years.
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Online sports betting has taken over and made it difficult for offline sportsbooks to thrive in a world where convenience is key to so many. There is one Australian company, called Tabcorp, a licensed Aussie gaming company, who own the Victorian and New South Wales TAB. There are approximately 2,900 TAB retail outlets, offering Totalisator and fixed odds wagering on sporting and racing events across NSW and Victoria, in hotels, pubs and clubs.
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