I noted this Facebook post (apparently sourced from the Australian Financial Review):
"With the news this week that the Entain Group are looking to carve off both Australia and NZ from their business, with some urgency it would seem, and the only likely buyer at this stage being Matthew Tripps' Betr, who met with Entain executives in London recently to negotiate a sale, what impact will it have on Racing in NZ? Will Betr look to further carve NZ off? What impact will it have on the $100 million Entain guaranteed handout? Was it ever "guaranteed"? Why would Betr have interest in NZ given Entains' Annual Report blamed the poor performance of NZ with losses of $322 million as a major factor in their $465 million annual loss, and then on page 189 state that the outlook for NZ was "bleak". If Betr do carve NZ off, will the NZ government be the only likely bidder? Interesting times ahead!!"
How much longer will the Entain money keep rolling in?