The Sports Trading Club assigns exclusive rights in Australia to dynamic women partnership
Online gambling has reached epidemic proportions in Australia, with punters spending more than $2 billion on internet betting every year. The surge has prompted the highly successful sports trading group, STC, to expand in a $20 million partnership.
Mrs Anne Larter has been involved in the Australian mining industry whilst Mrs Leigh Johnson is a successful Sydney lawyer. Together they have formed The Sports Trading Club Partnership and will operate out of Sydney under a 15 year exclusive license.
The Sports Trading Club’s Operations Manager, Mr Howard Robin said he saw the partnership as an exciting opportunity for growth in one of the most profitable markets in the world.
“The Sports Trading Club is very excited about the opportunity to partner with two very strong, committed and dynamic women in this venture, as we believe it will ensure our future is in safe hands in Australia,” he said.
"The Aussie market is very attractive, growth rates are good, and the opportunities to trade on Aussie sports is exciting."
The Sports Trading Club expansion to Australia follows the announcement last month that William Hill, Britain’s largest bookmaker, also expanded into the large Australian gambling market when it and partner GVC Holdings agreed a £485m deal for a buy out of Sportingbet.