Australian Rugby Team Enters Bookmaking Joint Venture

2 October 2008

The Gold Coast Titans, an Australian professional rugby league football team, has entered the bookmaking world in a joint venture with Betezy, an online Northern Territory-licensed bookmaker.

Michael Searle, chief executive for the club, told The Herald-Sun that the deal, which is estimated to make the Titans up to $3 million in three years, could fully cover the loss of league club funding.

The Australian paper also reports that since the announcement of the deal, the National Rugby League is in now under pressure to set up its own agency.