News Corp to Bet on Australian Gambling Market
April 20 2022 - 11:21AM
TipRanks
Looking to diversify its business, News Corp (NWSA) has set its
sights on the Australian gambling market. NWSA plans to launch an
online sports betting platform in the country in a joint venture
arrangement, according to a Wall Street Journal report. The Rupert
Murdoch family-controlled News Corp operates newspapers,
television, and digital media brands. News Corp’s betting
platform is tentatively named BetR. The goal is to launch it in
time for Australia’s popular horse racing season that begins at the
end of August. News Corp’s Betting Partners The Murdoch
organization is teaming up with Tekkorp Capital, BetMakers
Technology, and Matthew Tripp on the venture.
https://www.tipranks.com/news/news-corp-to-bet-on-australian-gambling-market?utm_source=advfn.com&utm_medium=referral
News (NASDAQ:NWSA)
Historical Stock Chart
From Jun 2022 to Jul 2022
News (NASDAQ:NWSA)
Historical Stock Chart
From Jul 2021 to Jul 2022