Oceania

Tabcorp enlargement struggles test investor patience

Australia ASX-listed gambling group Tabcorp Holdings Plc has posted an underwhelming corporate performance, publishing its half-year 2019 trading results (six-month period ending 31 December 2019). Despite recording a 4% increase in corporate revenues to AUS 2.9 billion, Tabcorp results detailed a number of concerns for investors as it delivered a further quarter trading performance below market expectations. Tabcorp’s group performance …

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Flutter secures Australian clearance for Stars Group merger

Flutter Entertainment Plc has received regulatory approval from the Australian Competition and Consumer Commission (ACCC) for its proposed merger with The Stars Group Inc.    The Australian competition clearance means Flutter has cleared a significant hurdle in its pursuit of a merger with The Stars Group, which it hopes to push through by Q3 2020. The ACCC had been forced to …

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NSW issues Ladbrokes and Neds with its largest ever gambling fine

The New South Wales (NSW) Independent Liquor and Gaming Authority has fined Ladbrokes Australia and Neds a record $207,500 penalty for presenting wagering inducements to New South Wales residents. The fee is New South Wales’ largest gambling fine and follows the authorities recent crackdown on gambling regulations having also fined gaming machine technician Riad Allam and machine seller Justin Layden $100,000 …

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BetEasy deploys GTG iSport Genius player engagement suite

BetEasy, the Australian flagship sportsbook property of The Stars Group Inc will deploy the GTGnetworks (GTG) ‘iSport Genius’ software suite, improving its all-round player engagement and content capacities. The partnership will see BetEasy deploy iSport Genius modules, which will see its sportsbook supported by the ‘betting choice’, GTG’s content-and-insights platform designed to inform and educate customers about their choice of …

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Neds goes live with BetMakers Racing Channel

Australia-based BetMakers Technology Group has confirmed the launch of its new customised racing channel with wagering operator Pointsbet, which has gone live across the GVC Australia-owned Neds website. BetMakers has said that the new Racing Channel is currently live streaming over 2,000 international races across six operator sites, with coverage being shown from the US, UK, Ireland, Mexico and Canada. …

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Tennis Australia deepens integrity protections with Sportradar

Coinciding with the opening day of the Australian Open, which kicks off professional tennis’ 2020 Grand Slam schedule, Sportradar has confirmed that it has expanded its partnership with Tennis Australia to bolster the governing body’s data and integrity capacities. Sportradar has served as lead data collector and distributor of Tennis Australia syndicated tournaments since 2016. The new partnership arrangement will see …

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Tabcorp donates funds and volunteer support to Australia’s bushfire crisis

Tabcorp Holdings has confirmed that it will donate AUS $1.5 million to Australian emergency services battling the bushfire crisis which has engulfed the entire Gold Coast of Sydney. The ASX listed operator has confirmed that all lottery proceeds taken from its Saturday Lotto draw scheduled for 25 January will be donated to Australia’s ‘Bushfire Relief’. Seeking to generate as much …

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Fitzdares to donate all Australian Open winnings to the Red Cross bushfire fund

Private bookmaker Fitzdares has committed to donating all winnings from the Australian Open 2020 to the Red Cross, supporting victims and emergency services countering the bush fires impacting the Gold Coast of Australia. The announcement mirrors that of tennis player Nick Kyrgios who has promised to donate $200 to the bush fire crisis for every ace he serves throughout the …

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RITA begins search for TAB NZ CEO

New Zealand’s Racing Industry Transition Agency (RITA) has confirmed that it has begun the search for the first chief executive of TAB NZ, following the reform of the country’s racing sector. The search has been carried out by executive recruitment specialists Caldwell Partners, which has been asked to find a candidate with “proven experience in Australasia across the wagering, gaming …

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DynamicOdds strengthens Racing Victoria partnership with VBA Price launch

BetMakers Technology Group’s subsidiary DynamicOdds has strengthened its existing partnership with Racing Victoria (RV) by launching its new pricing system which will be made available via its app. Under the partnership, DynamicOdds has developed the VBA Price feature for RV and the Victorian Bookmakers Association (VBA). Racing Victoria’s Chief Financial Officer Aaron Morrison commented: “We are very pleased to offer …

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