Tabcorp’s Cambodian online betting ambitions arouse regulatory scrutiny

Australian wagering operator Tabcorp Holdings has extended its sponsorship deal with the Victoria Racing Club (VRC).

On Friday, Tabcorp announced that it had inked a new eight-year official wagering partnership with the Flemingdon Racecourse-based VRC. The new pact will see the parties extend their existing relationship to 2024, when Tabcorp’s current Victorian betting license expires.

The new deal, which takes effect Aug. 1, extends Tabcrop’s official wagering partnership of the VRC and the Melbourne Cup Carnival, while also allowing Tabcorp support sponsorship of the Emirates Melbourne Cup Tour and naming rights for the Group 1 Australian Cup.

TABCORP’S $200K CAMBODIAN PAYMENT PROBED