Betfair Australia to focus on exchange business
Many thanks to posted on this thread on the forum for pointing out the news that is coming from Australia.
Basically Betfair sold their operations to Crown and Crown has done a deal to split off the Sportsbook business to BetEasy and retain the Exchange as a brand in its own right and to allow that to gain it’s own focus. It’s a complete volta-face from the situation in the Uk and is worth watching. You couldn’t have two more diverse strategies it seems.
This interview is revealing – https://www.rsn.net.au/audioplayer/1418774571.Wednesday%27s%20Racing%20Ahead%20171214.mp3
Should be interesting situation to watch.
Category: Betfair
