Sport is made for betting

A poorly-kept secret which has been doing the rounds but as I knew one of the shareholders, I couldn't comment on it until it became public. UniTAB have stepped into the corporate bookmaking world by buying out Terry Lillis' CentreRacing business, effective Dec 1. No surprise considering TABCorp now have their own in Luxbet, but UniTAB are more likely to run it as a business rather than a loss-leading sabotage unit designed to bring down the oppostion like Luxbet. With UniTAB highly likely to snap up more states to join their pools, it looks like their business is going forward, while TABCorp are still in dreamland...