Luxbet to open in Singapore

By Bookmakers Review21 June 2013
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Luxbet to open in Singapore

With the local horse racing industry booming, the Singapore Turf Club is looking to attract foreign betting operators and Luxbet, the Northern Territory bookmaker owned and managed by Tabcorp Holdings, could become the first foreign bookmaker to open in Singapore.

The Singapore Turf Club and Tabcorp have had a co-mingling deal in place since 2010 when they extended an earlier agreement to bring simulcast races to each other's countries to include the co-mingling of tote pools.