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Betfair to be licensed in New South Wales

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While Tabcorp said the horse flu that hit Australia from August onwards will cost the betting company as much as $30 million in pre-tax profits and just as Prime Minister John Howard denied a newspaper report claiming that Australian MPs are betting on the outcome of the federal election using confidential opinion polls, the online betting exchange Betfair is reportedly close to be granted a license in NSW.

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Bookmakers Review
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