Article 6ERF2 Penrith Panthers grand final triumph could damage Betr after it offered gamblers 100-1 odds on win

Penrith Panthers grand final triumph could damage Betr after it offered gamblers 100-1 odds on win

by
Henry Belot
from World news | The Guardian on (#6ERF2)

News Corp-backed firm offered inducements that attracted record fine and criticism from regulator

The finances of News Corp-backed gambling company Betr' could take a big hit if the Penrith Panthers win the NRL grand final, due to a generous inducement that attracted a record fine and criticism from a regulator.

When the gambling company launched in late 2022, it offered 100-1 odds on the Penrith Panthers winning a third consecutive grand final with bets capped at $10. A Penrith victory is now short odds and a likely outcome according to most analysts.

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