Exclusive: Bookmakers consider fighting proposal to increase fees from 0.9% to 1.5% of turnover from most bets

The AFL’s bid to secure a bigger share of gambling losses – despite public health warnings and criticism of sports betting – faces a potential legal challenge from bookmakers who believe it is already taking too much.

A draft proposal sent to bookmakers shows the AFL wants to significantly increase the cut it takes from bets placed on its matches. The cut, known as a product fee, is a percentage of a bookmaker’s turnover or revenue, whichever is highest.

Sign up for Guardian Australia’s breaking news email

Continue reading...