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While the model sparked a storm of controversy when it arrived in Australia over the potential probity issues it raised, it has not been nearly as popular as traditional fixed-odds offerings. Betfair Australasia now offers a fixed-odds service, but Crown is understood to be keen to boost this.
The deal will give Crown per cent control of the Tasmanian bookmaking licence the company operates under, and the capacity to push harder into the lucrative fixed-odds segment. The deal comes at a time of consolidation in the online betting sector. Please try again later.
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