The ASX-listed bookmaker says an agreement to put Ladbrokes and Neds advertising in venues could be a breach of its exclusive license in the state.
Entain and the Australian Hotels Association have been ordered to hand Tabcorp confidential documents and legal advice relating to a deal which broke the ASX-listed wagering giant’s lucrative monopoly at NSW pubs.
That deal means Entain can place its Ladbrokes and Neds digital betting brands in some 1800 pubs across the state – venues which previously only had Tabcorp-branded products. Entain and the NSW Australian Hotels Association have been ordered to provide Tabcorp with the details of its advertising deal as well as all legal advice ahead of said deal.Tabcorp successfully argued the there was insufficient information in the public domain for Tabcorp to determine if the deal amounted to a breach of its exclusive licence rights.
However, Tabcorp’s chief legal officer, John Fitzgerald, told the court that he was concerned the partnership was unlawful because it had an “apparent intention to create ‘gambling premises’ within venues”. “I believe that the publicly available materials are unlikely to give a full picture of what the Entain partnership is, in fact, intended to involve,” he added.
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