Horse Racing

Watchdog issues News Corp’s Betr show cause notice two days after launch

Summarized by: Live Sports Direct
 

Watchdog issues a show cause notice to News Corp-backed Betr two days after launch. Liquor & Gaming NSW is investigating BetR's advertising in News Corporation's newspapers. The company has until October 20 to respond to the notice. It is the first foray into betting on horse racing in Australia by NewsCorp. The Murdoch family has pushed heavily into sports betting in the US. Betrs could be fined up to $110,000 for each public ad or prosecuted in court.

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Fledgling wagering company Betr will pay a six-figure fine to the NSW gaming regulator despite arguing it did not breach advertising laws when it aired a controversial promotion last year. Liquor & Gaming NSW is expected to issue a record penalty of $210000 to the outfit following a long-running investigation into advertisements that ran in News…
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The Advertising Standards Authority was unhappy with a tweet by the sports betting operator Ladbrokes. According to the regulator, the bookmaker's post breached the rules outlined in the Committee on Advertising Practice (CAP). The tweet in question is actually a fairly old post from October. The company shared imagery featuring Jesse Lingard,…
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Betr’s new cash: News Corp ups stake in online bookmaker

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Nevertheless, it seems Demetriou (who brokered revenue-sharing agreements with bookies while AFL boss) is twice bitten, none shy, confirming to us on Wednesday he had re-entered the gambling industry as an adviser to Betr. That would be the same News Corp-backed bookmaker that, on its second day of operation last month, skilfully lured the…
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Betr: Punters slam News Corp-backed sports betting app for deactivated accounts

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Watchdog issues News Corp’s Betr show cause notice two days after launch

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News Corp-backed online wagering group Betr has been hit with a regulatory investigation just two days after its highly anticipated launch, with a key state government authority warning a promotion the outfit ran this week may have breached advertising laws. Liquor & Gaming NSW on Friday issued Betr a "show cause" notice after the company ran…
Horse Racing
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Horse Racing
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Cricket
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