Australia’s Tabcorp Holdings signed a deed of understanding with Racing Queensland ahead of its proposed merger with rival operator Tatts Group.
This agreement is designed to show the enlarged entity's commitment to supporting racing in the state by setting out the benefits it will offer to the industry.
Tabcorp has pledged an increase in capital investment in the Queensland wagering business, currently operated by Tatts' UBet brand across retail and on-course wagering facilities. The new business will [...]