📈 69% of S&P 500 stocks beating the index - a historic record! Pick the best ones with AI.See top stocks

BRIEF-Tabcorp says co and News UK to partner to launch online business in the UK

Published 10/12/2015, 08:42 am
Updated 10/12/2015, 08:50 am
© Reuters.  BRIEF-Tabcorp says co and News UK to partner to launch online business in the UK
TAH
-

Dec 10 (Reuters) - Tabcorp Holdings Ltd TAH.AX :

* Tabcorp and News UK partner to launch new online business TAH.AX

* The business will be known as sun bets and will launch in 2016.

* Says signing of an agreement to partner in the launch of a new online wagering and gaming business in the UK and Irish markets

* Agreement is structured as a revenue share arrangement with News UK undertaking internal and external media promotion of the business

* Tabcorp will provide News UK with a share of the revenue from the new business each year

* Says agreement is subject to Tabcorp obtaining the necessary licences and regulatory approvals

* Agreement runs for an initial term of 10 years

* Source text for Eikon ID:nASX3KMGmh

*

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.