Sports wagering start up company Betr has been fined a record $210,000 (USD$140,00) by Liquor and Gaming New South Wales (L&G NSW) for breaching the state’s laws in its promotional ads during its launch in October.
The News Corp-backed wagering company Betr offered 100-to-1 odds and 20-1 odds on major events including the Melbourne Cup, Cox Plate and NRL and AFL markets as part of its launch.