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Apollo Lack Of Sportsbook Experience Could Be Hurdle In Tabcorp Bid Say Analysts

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Last week, Apollo Global Management (NYSE:APO) upped its bid for Tabcorp’s betting and media businesses to $3.1 billion. But some analysts believe the private equity firm’s dearth of direct sportsbook operational experience could hinder its dealings with the Australian gaming company. While Apollo has been actively involved in sportsbook management, it’s no stranger to the […]

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