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Tabcorp Plans Fixed Odds On Every Race
Tabcorp "plans to offer fixed odds on every race in all 3 codes by the end of the year," reported The Herald-Sun. Tabcorp chief executive Robert Nason said yesterday "the best way to fight the rise of corporate bookmakers was to continue to encroach on their territory by providing a greater fixed-odds service". Nason declared: "We need to fight fire with fire & by providing this service, along with having our own corporate bookmaker in Luxbet, is our way of taking the fight up to them." Tabcorp "recently added 8 price assessors to its ranks to bring its total to 30" & Nason noted: "By the end of the year, when a punter enters a TAB the fixed odds will be displayed prominently, giving punters a clear choice between betting on the tote or taking a fixed price."