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WA’s ‘$1b’ TAB deal in strife as bookie dollars dry up

Zoe Samios
Zoe SamiosBusiness reporter

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The future of Western Australia’s wagering licence is back in limbo after a revived process to find a bookmaker struggled to attract sufficient interest for an asset that almost fetched $1 billion last time it was on the block.

Bookmakers such as Tabcorp, Entain and Sportsbet have held talks with investment bank Barrenjoey about running WA’s state-owned bookmaker.

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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

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    Original URL: https://www.afr.com/companies/games-and-wagering/wa-s-1b-tab-deal-in-strife-as-bookie-dollars-dry-up-20240320-p5fdvk