Dabble: Tabcorp Announces New AU$33-Million Investment in Socialised Online Betting Platform Dabble Sports

Tabcorp announced that it has agreed to make a strategic investment worth AU$33 million in Dabble Sports, a socialised online betting platform. The investment, which will be subject to customary regulatory conditions, including the official approval of the Northern Territory Racing Commission, involves a 20% equity interest calculated on the overall number of shares that would be outstanding in case all potential shares were issued upon Dabble Sports' convertible securities. Through the deal, Dabble Sports will be able to appoint a director to its board, with the appointment also being...The post Tabcorp Announces New AU$33-Million Investment in Socialised Online Betting Platform Dabble Sports appeared first on Casino Guardian - Latest United Kingdom Casino News.