Tabcorp extends digital vision supply agreement with Sportsbet
The terms of the extended agreement are broadly similar to the existing arrangements including a link to Sportsbet turnover. It is expected the agreement will generate between $30m-$40m EBITDA in FY24.
“With more than 150,000 races broadcast live around the world every year and the best team in Racing, the extension of this agreement recognises Sky as one of the best and most valuable racing networks in the world. It’s also great news for Racing Clubs who will have more eyes on their meetings than ever before.
“The agreement extends our most significant digital rights revenue stream to 2036. Tabcorp is continuing to build momentum towards TAB25 with a new app, new products and faster speed to market as part of our transformation.”