Of around us$ 133.3 million
UK bookmaker made “substantial bid” for Australian betting business
(Australia).- A top UK-based betting operator has made a “substantial offer” to buy Tomwaterhouse.com, Australian largest individual bookmaker according to news reports in the country.
2013-03-22
Reading time 24 seg
(Australia).- A top UK-based betting operator has made a “substantial offer” to buy Tomwaterhouse.com, Australian largest individual bookmaker according to news reports in the country.
The offer from the unnamed bookmaker is thought to have been around us$ 133.3 million, although a spokesperson for Waterhouse issued a firm 'no comment' when asked about the speculation. "We get at least one call a week about this (takeover bids)," the spokesman added.
The betting firm, established in 2010, is estimated to have betting turnover of more than us$ 133.3 million a year and holds a dual bookmaker's licence in Victoria and Northern Territory.
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