Gambling Company Betfair Inks an Agreement with the NRL in Australia

Gambling Company Betfair Inks an Agreement with the NRL in Australia

Gambling giant Betfair has inked a deal with the National Rugby League (NRL), as part of which punters will be permitted to bet against each other for the restart of the season. The 11-hour deal was reached after the gambling company projected that its turnover is to experience a decline considering the fact that the NRL commission is four times higher than the one of the Australian Football League (AFL). The announcement of the deal was made last night by Betfair, which has previously declined to ink an integrity agreement…

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TAB to Lay Off about 30% of Its Overall Workforce Due to Coronavirus’ Negative Impact on New Zealand’s Racing Industry

TAB to Lay Off about 30% of Its Overall Workforce Due to Coronavirus’ Negative Impact on New Zealand’s Racing Industry

Yesterday, the sports betting company TAB notified its staff of job losses due to the negative effect that the coronavirus outbreak has been having on the firm’s performance. Over the last two weeks, TAB had held consultations on cutting a total of 220 jobs, which represent 30% of its workforce. A spokesperson has refused to confirm the final number of the jobs that are to be laid off or any other details of the redundancies but explained that staff were being informed about the fate of their jobs prior to…

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