Thursday, August 18, 2022

CrownBet asks to expedite approval for clubs deal


Australian wagering operator CrownBet is going to the Supreme Court of NSW in a bid to expedite approval of its digital wagering advertising deal with licensed clubs in NSW, local media reports.

CrownBet first announced its partnership with ClubsNSW in February, allowing the online operator to offer its digital betting services to punters in NSW venues.

Under the terms of the partnership, participating clubs in NSW for the first time will be able to earn commission on any bets made with CrownBet, while in-venue punters will be incentivized with club loyalty points.

However, shortly after the announcement, Liquor and Gaming NSW announced it will review the arrangements given Tabcorp’s exclusive license to run wagering operations in NSW, and the review has been running since.

"There has been substantial demand for CrownBet's offering from licensed venues across New South Wales that we want to meet as soon as we can," said CrownBet chief executive Matt Tripp.

"We've taken this step to provide certainty to the hundreds of clubs that want us to be able to advertise in their venues."

Clubs NSW chief executive Anthony Bell said in a circular that he wanted clubs to be "able to make a commercial decision in the comfort they will comply with the law".

"We expect, through this process, to be able to bring clarity to the legal standing of CrownBet's offer and our legal advisors are highly confident the Court will support it in full."

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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