Ten Network drops bid to secure Melbourne Cup rights over Tabcorp deal

Network concerned that Victoria Racing Club partnership with gambling company is at odds with preferences of its viewers and advertisers'

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The Ten network has pulled out of bidding for the Melbourne Cup, citing the new focus on gambling by rights-holder Tabcorp as a reason.

Ten has been the Melbourne Cup Carnival broadcaster since 2019 after signing a five-year deal reportedly worth $100m which saw the cup move from Seven, where it had been broadcast since 2002.

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