• MXYp3Lk66yKv@aussie.zone
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    1 year ago

    That 4 corners report last night was a bit of an eye opener.

    I hadn’t realised that eg, Football Australia had signed contracts with sports betting related companies, and that they actually get a cut of each bet. And “The NRL earnt 50 million dollars last year from this agreement. It takes a 1-point-2 per cent commission from every bet in Australia on its games, more for riskier bets and gambling on big games like the State of Origin and finals. On some bets … the NRL can take 17.5 per cent of a bookmaker’s profit.”

    They won’t want to do anything to reduce gambling. They are incentivised to increase gambling !!