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The Guardian - AU
The Guardian - AU
Business
Amanda Meade

Ten Network drops bid to secure Melbourne Cup rights over Tabcorp deal

Tabcorp TEN Network 10 Nine Entertainment VRC
Jockey Jye McNeil rides Twilight Payment to victory during Melbourne Cup Day in 2020
Tabcorp has secured a deal with the Victoria Racing Club which sees a wagering company control broadcast rights for the first time.
Photograph: AAP

The Ten network has pulled out of bidding for the Melbourne Cup, citing the new focus on gambling by rights-holder Tabcorp as a reason.

Ten has been the Melbourne Cup Carnival broadcaster since 2019 after signing a five-year deal reportedly worth $100m which saw the cup move from Seven, where it had been broadcast since 2002.

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