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Waterhouse $50m NRL deal 'dead': reports

Controversy surrounds gambling and sports' increasingly close relationship.
20th May, 2013
10

Bookmaker Tom Waterhouse’s bid to become the NRL sports betting sponsor is reportedly dead in the water, with both parties walking away from negotiations.

The NRL’s Shane Mattiske has told the ABC’s Four Corners – in a program to air on Monday night – the league had been negotiating with Waterhouse since early this year.

“At our (Australian Rugby League) Commission meeting on April 19, we reported that we had failed to reach an agreement,” said the NRL’s general manager for strategy.

Earlier this year, Waterhouse outbid Tabcorp to become the preferred bidder for the betting sponsor role.

It’s reported the combined worth of his deal with the Nine Network plus the mooted NRL deal would have been $50 million over five years.

“At this stage, we’re holding,” said Mattiske. “The commission is in discussions now assessing the current position, and we’ll make a decision on how we move forward in relation to the sports betting space.”

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