Oceania

OtherLevels lauds “great opportunity” ahead of #BOSWEEK

In-play has enjoyed a tremendous surge in popularity since introduction, and now encapsulates such a huge chunk of many revenue streams. As in-play grows, however, so does the need for personalised, relevant real-time player engagement, which can be so instrumental with regards to those all important retention figures. This is one such area OtherLevels are to address as part of …

Read More »

New look Tabcorp refreshes Executive Management team

Australia ASX-listed Tabcorp Holdings has undertaken a series of ‘Executive General Management’ appointments seeking to strengthen its leadership team, following the firm’s merger enlargement with main market rival Tatts Group plc. Last week Tabcorp governance confirmed the appointment of Luke Waldren from online competitor  Sportsbet.com.au (Paddy Power Betfair) as new Executive General Manager of Group Marketing. The ASX enterprise details …

Read More »

Messara report outlines tough remedies for New Zealand Racing

A New Zealand government-sanctioned report undertaken by Oceania racing expert John Messara has delivered a ‘blunt appraisal’ of the nation’s horseracing industry and standards Presenting findings to NZ Racing Minister Winston Peters, Messara the current Chairman of Racing New South Wales (Australia) concludes that ‘New Zealand’s racing industry is in a state of serious malaise, and requires urgent reform.’ Furthermore, …

Read More »

Australian bookmakers show ‘no harmony’ in developing a new responsibility framework

Industry rifts appear to be hampering the progress of Australia developing a national self-exclusion policy for betting consumers. This weekend, The Sydney Morning Herald (SMH) reported that Ladbrokes Australia had split with industry standards association Responsible Wagering Australia (RWA) on the co-development of a new national responsibility framework. Working with online bookmakers, RWA seeks to develop stronger reforms which will …

Read More »

Tabcorp parts company with under investigation Elmer Funke Kupper

Business news source, ‘The Australian’ reports that Elmer Funke Kupper will no longer serve as a Tabcorp Holdings’ Director, detailing that the executive will depart the company in October. Funke Kupper was the former Managing Director & Chief Executive of Tabcorp Holdings from 2007-2011. In 2011, Funke Kupper left the Australian gambling group to take up leadership of the Australian Securities …

Read More »

Tabcorp outlines ‘new enlarged capacity’ despite Sun Bets setback

Publishing its 2017/18 (period ending 30 June) annual results, a new look Tabcorp Holdings demonstrates its enlarged capacity, recovering from its 2016/17 woes. The ASX-listed gambling group points towards a new direction as it incorporates the lottery and betting assets of Tatts Group, forming Australia’s biggest gambling enterprise (deal concluded December 2017). A significantly enlarged Tabcorp records 2017/18 group revenues …

Read More »

Sportcast powers multi betting boost for Ladbrokes Australia

Sportcast - Copyright: wavebreakmediamicro / 123RF Stock Photo

Technology from Sportcast has helped Ladbrokes Australia to launch the industry’s first limitation free accumulator betting product. The operator’s Multiverse platform enables punters to combine any selection, including Same Game Multis powered by Sportcast and singles bets from any sport or racing event, within the same accumulator. After adding selections, punters can switch on or off any combinations of singles …

Read More »

Sun Bets termination costs Tabcorp £40 million

The governance of Australia ASX-listed Tabcorp Holdings has confirmed that it has completed discussions with News UK to terminate its Sun Bets joint-venture. The Sun Bets enterprise will cease trading in the coming days, with Tabcorp set to make a £40 million payment to exit its UK betting joint-venture agreement which began in 2016. Updating investors, David Attenborough Group Chief …

Read More »

Optus feels wrath of Australia following shambolic Russia 2018 weekend broadcast

Socceroo fans have lambasted Australian media and telecoms firm Optus, for its shambolic handling of World Cup Russia 2018’s opening weekend. The SingTel subsidiary which has secured the rights to broadcast/stream all Russia 2018 matches has come under fire, as its digital platform Optus Yes could not handle the weekend demand for World Cup matches. Optus broadcast issues begun as …

Read More »

Regulatory adjustments sees XLMedia issue revenue & profit warning

London AIM-listed industry affiliate marketing network XLMedia has this morning issued a revenue and profits warning, adjusting its 2018 corporate expectations. Updating investors, XLMedia governance details that the company has had to adjust to a number of regulatory impacts within Australia and Europe. ‘Underlying trading in the year to date has been stable with the Group actively deciding to focus …

Read More »