It’s an understated sports bar on the outskirts of Portland, a low-slung, brown building that sits in a suburban strip mall surrounded by car dealerships. Inside, it’s dark. TVs everywhere, video poker, betting odds.
But The Pit Stop Sports Bar & BBQ Grill is at the heart of a growing business that appears to be taking market share from The Lottery Corporation, which was spun off onto the ASX out of Tabcorp in 2022. With a market capitalisation of $11 billion, The Lottery Corporation is one of Australia’s most profitable gaming groups.
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Zoe Samios covers wagering and the business of sport from the AFR's Sydney newsroom. She was previously the media and telecommunications reporter for The Sydney Morning Herald and The Age, and covered media at The Australian. Connect with Zoe on Twitter. Email Zoe at zoe.samios@afr.com
