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Macbet withdraws from ARC race betting over turnover-based data fees

Business

Macbet said it would stop offering online bets on races at Arena Racing Company tracks after ARC changed its data pricing from a fixed fee to a turnover-based charge. The bookmaker said it could not absorb the new cost under its business model; it may later offer higher-margin markets on ARC races or add a separate fee.

The change could alter betting availability on ARC races and the costs smaller bookmakers face for racing data.

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