October 3, 2008 (InfoPowa News) — Australian media reports this week that NRL (National Rugby League) club Gold Coast Titans has entered the growing Northern Territory corporate bookmaking market by opening its own online betting agency.
The joint venture with bookmaking firm Betezy will offer betting on horse racing, entertainment and sport, and includes an NRL section, which has been approved by the league.
Last week, the Manly Sea Eagles had a proposed sponsorship agreement with Betchoice vetoed by the NRL, due to the league's existing agreement with Tabcorp.
Titans chief executive Michael Searle said: "At a time when the game is looking for new and innovative ways to inject fresh revenue streams, we see this as a major move for our organisation."
The Australian newspaper reports that the Northern Territory market is predicted to turn over more than AU$4 billion this year.