tabcorp buying betmakers, and in 2021 betmakers bid 4bn for tabcorp

Not for a good while. The app might get better eventually, which would be a first.

Longer term it depends whether rival books stay on the platform or move off it. Fewer independent suppliers means fewer distinct pricing models across the market, and that has never once worked out well for the person placing the bet.
 
tabcorp approached them in february, talks ended, six months later theres a signed deed at 24 cents
either betmakers' position got worse over those six months or february was priced higher and the gap closed downward. share sitting at 16 before the announcement points at the first
id like to know what changed in march 🤔
 
worth remembering tabcorp hired the former austrac chief exec earlier this year to steady investor confidence, and fitch now lists the austrac investigation as the main risk on the credit
hiring the ex-regulator while the regulator's still looking at you is a move. i don't have an opinion on whether it's a good one
 
ACCC piece is the one id watch. vertical deal, tabcorp already has retail exclusivity in several states, and now they own infrastructure their competitors sit on
If even one rival makes a submission it stops being a quick informal review
 
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