Its called Fantasy Sports gambling not TAB/Sportsbet, its a totally different dimension.
Does Crown pay for the tv rights for NRL Answer no
Does Murdoch pay for the tv rights for the NRL Answer YES
Do you get it yet?
Do you know how big the Murdoch empire is?
The Murdoch family has profited big time from the gambling industry over the years and they are doing it again with Dublin-based Flutter Entertainment, which last week
bought an additional 37% stake in US fantasy sports outfit FanDuel for a whopping US$4.2 billion.
The fantasy sports gambling is huge in the USA
The Murdochs built up Sky Betting & Gaming which ended up delivering clear profits of about $2 billion to the broader Murdoch interests (via Sky PLC) when that business was sold to Canada’s The Stars Group for US$4.7 billion in 2018.
Having tasted success in the UK, Fox Corp subsequently created the 50-50 Fox Bet joint venture in the US with The Stars Group once the US Supreme Court legalised sports gambling in May 2018.
Fox Corp took a 5% stake in Stars for US$236 million as part of the Fox Bet joint venture which then became a 2.6% stake in Flutter once those two businesses merged earlier this year. The original 3.23 million Flutter shares which Fox Corp inherited through the merger are now worth around US$650 million but Fox Corp has subsequently supported two further placements by Flutter this year as it dives further into the gambling business.
And now it will come to Australia and be just as huge here with a push through Foxtel, which just happens to be owned by the Murdochs and just happens to boradcast the NRL
Am I leaving enough breadcrums for you to follow the path? Hansel and Gretel style...
Life is not linear.