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Sky Racing secures NSW thoroughbred racing but Victorian rights still in negotiation

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Tabcorp has tied up a long term deal with the racing authorities in NSW with its subsidiary Sky Racing for a 10-year broadcast contract, although it is currently unclear when the contract will actually start.

The betting firm had been in dispute with the authorities in NSW and Victoria since December, and lost rights to show racing from the states, currently held by a joint-venture company called TVN, taking races from the states off air in pubs and TABs across the country until an interim agreement in late December.

Racing NSW has since walked away from the TVN joint venture allowing for today’s deal to go ahead, although the new contract cannot start until TVN has been officially disbanded. Tabcorp says it is also separately in negotiations with Racing Victoria, which also has to agree to disband the TVN venture.

Today’s deal will see NSW thoroughbred racing feature on Sky Racing’s channels on subscription TV and commercial platforms as well as digital channels tab.com.au, skyracing.tv and the Sky Racing and TAB apps.

Tabcorp managing director and CEO David Attenborough said: “Sky Racing is delighted to have finalised binding heads of agreement for the long-term media rights for NSW thoroughbred racing. We look forward to continuing to expand the reach of NSW racing – both domestically and internationally.”

Today’s announcement also said thoroughbred showcase channel Sky Racing World will be included on Foxtel’s base tier.

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