Perth Racing has signed a two-year media partnership deal with Craig Hutchison-led Sports Entertainment Group, effective from May 1, for an undisclosed amount.
Sports Entertainment Group is poised to further increase its footprint across Australia's racing codes, following news of a proposed acquisition of TABradio.
Craig Hutchison-led Sports Entertainment Group has signed an agreement with MT Arena Capital Investment to accelerate the remaining staged sale of the Perth Wildcats.
Tech entrepreneur Mark Arena has signed a $40 million deal to purchase the Perth Wildcats from Craig Hutchison's ASX-listed Sports Entertainment Group.
Craig Hutchison-backed Sports Entertainment Group has revealed it has received a non-binding indicative offer from MT Arena Capital Investment to acquire the Perth Wildcats.
Perth Wildcats may have missed the playoffs for the first time in 36 years, but that didn't stop the league's most successful franchise from booking a profit of $750,000 for the financial year.
Troy Georgiu has finished up as Perth Wildcats' chief executive after the NBL trailblazer fell short of a finals berth for the first time since the 1980s.
