Oceania

Problem gambler gets $150,000 refund for unlawful Betfair activity

Betfair

Betfair failed to ‘reasonably recognise’ the red flags after one of its own customers – identified as Mr M, convinced the company to refund $150,000 which he quickly gambled away from his account. As reported by ABC News, the betting exchange should have identified “red flag behaviours” that showed the customer had a gambling problem before it agreed to reverse …

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BetEasy swoops in as competitors crash on Melbourne Cup day

Melbourne Cup

BetEasy was the biggest benefactor in Australia as sports betting sites Sportsbet, Ladbrokes and Betfair all crashed on Melbourne Cup day – the biggest day on the nation’s betting calendar. As reported by The AGE, punters on Sportsbet, Ladbrokes and online betting exchange Betfair were temporarily unable to place bets on their smartphone apps or computers, while Tabcorp also reported …

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Winning Post: Crouch bows out with “alternative facts”

Crouch

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. UK: Politics – Crouch bows out with “alternative facts” Last week’s resignation of Tracey Crouch as UK minister for sport (and gambling) marked a new low in the recent history of Britain’s …

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GLMS and Victoria Police unite to “wipe out organised crime”

Copyright: somartin / 123RF Stock Photo

The Global Lottery Monitoring System (GLMS) and Victoria Police have decided to join forces and share information regarding irregular betting patterns in order to detect and prevent sports betting manipulations in Australian sport. It is hoped the move will “wipe out organised crime involvement” in the industry.   GLMS will be providing Victoria Police with information on irregular betting patterns …

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Tabcorp shareholders dispute executive merger rewards

The governance of Australia ASX-listed Tabcorp Holdings has been served a bloody nose, as a significant number of its investors have rejected the firm’s executive remuneration report. This Wednesday, 40% of Tabcorp investors voted against 2017/18 executive packages. Australian business news sources report that investors had been incensed by the company attaching executive performance rewards (bonuses) to Tabcorp’s AUS $11 …

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Aristocrat confirms departure of Dr Ian Blackburne as corporate chairman

The governance of Australia ASX-listed Aristocrat Leisure has this morning disclosed that Dr Ian Blackburne will step down as corporate Chairman, at the firm’s upcoming ‘Annual General Meeting’ scheduled for 21 February 2019. Filing an ASX update, Aristocrat governance details that it will move to appoint Non-Executive Director Neil Chatfield as new company Chairman succeeding Dr Blackburne in 2019. The …

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Tabcorp continues Racing ATA legacy sponsorship

Australian gambling operator Tabcorp will continue its legacy sponsorship of the Australian Trainers Association (ATA) for a further 12-months. Updating the media, Tabcorp marketing detailed that it would continue to act as the ATA’s ‘official wagering partner’, a position it has maintained since 2014. Renewing sponsorship terms for a further 12-months, the ATA detailed that it would work with Tabcorp …

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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 …

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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 …

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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, …

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