Oceania

Canberra Casino AU$5 spin limit rejected by GTA

Copyright: rafaelbenari / 123RF Stock Photo

A proposal to place a AU$5 spin limit on poker machines at Canberra Casino have been met with dismay by the Gaming Technologies Association (GTA). The news follows introduction of legislation by the government of the Australian Capital Territory (ACT), which allowed the venue to add 200 poker machines to its gaming floor, ending the long standing gaming machine monopoly …

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Tabcorp governance remains positive on 2017 Tatts deal closure

The governance of Tabcorp Holdings remains positive that it will conclude its planned AUS $11 billion merger with Tatts Group despite this week’s set-back following the Australian Federal Court’s ruling to ‘refer back’ the deal’s review by the Australian Competition Tribunal (ACT). The Tabcorp-Tatts merger hit a further hurdle on Wednesday, as the Federal Court sided with former deal supervising …

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ACCC’s Federal Court win derails Tabcorp-Tatts merger

The Federal Court of Australia has dealt a major blow for the planned merger of Tabcorp Holdings and Tatts Group, ruling against the Australian Competition Tribunal’s (ACT) right to approve the AUS $11 billion combination. Former merger review body the Australian Competition & Consumer Commission (ACCC) had filed for a Federal Court review in July 2017, having been dropped by Tabcorp …

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Betfair Australia moves away from generic themes with The Game Within The Game’ campaign

Betfair Australia is targeting savvy customers with the launch of its new marketing campaign ‘The Game Within The Game’. The advertising campaign has been developed by Saatchi & Saatchi Melbourne, who stated that they wanted to move Betfair away from generic themes and messaging which have inundated Australian sports betting marketing. Leading the campaign’s creative context, Mark Cochrane, MD of …

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Tabcorp-Tatts merger nears conclusion as Tatts sets up October Shareholder Vote

Updating the market, the governance of Australia ASX-listed Tabcorp Holdings Plc has provided a corporate update on its AUS $11 billion merger with Tatts Group, which will create the ‘outright Australian gambling market leader’. The Supreme Court of Victoria has ordered for a meeting of Tatts shareholders on Wednesday 18 October to vote on the proposed Tabcorp-Tatts combination. In preparation …

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TopBetta raises AUS $9 million for ‘Global Tote’ US & Euro expansion

Updating the market, Australian ASX-listed racing pools operator TopBetta Holdings has confirmed that it has raised AUS $9 million (€6 million) to expand its international services.   The funding round has seen TopBetta governance place an allotment of +21.4 million shares priced at 42 cents, with firm securing investment from ASX institutional investors. Moving forward, TopBetta governance seeks to expand …

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Tabcorp promotes Adam Rytenskild as Wagering & Media lead

Updating the market, Australian ASX-listed gambling operator Tabcorp Holdings has confirmed the promotion of Adam Rytenskild as new Chief Operating Officer of its Wagering & Media division. Tabcorp makes the appointment in preparation for the retirement of Craig Nugent as leader of the division later this year. Since 2000, Rytenskild has served in a variety of Tabcorp group senior executive …

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GVC exits partypoker from the Australian market

Updating the market, FTSE-listed GVC Holdings has informed that it has withdrawn all poker operations for the Australian market. The operator will no longer service its partypoker brand, following this month’s introduction by the Australian Senate of provisions amending the ‘2001 Interactive Gambling Bill’ banning online poker and in-play sports betting services offered by online gambling operators. partypoker, GVC’s lead …

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Tabcorp Venues gain Premier League content with Optus broadcast partnership

Australian telecoms and media firm Optus has formed an agreement with Tabcorp Holdings to broadcast English Premier League matches across the operator’s land-based retail network. The agreement sees Optus open up its exclusive Premier League content, making it available to the general public across 4,500 syndicated Tabcorp venues. Moving forward, Optus Sports Premier League content will be installed at Tabcorp …

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Australian Senate moves to shut down poker & in-play betting services

The Australian Senate has moved to revamp and amend the nation’s ‘Interactive Gambling Bill’, adding a number of new provisions and restrictions for internet gambling service providers. This Wednesday, the Senate approved the passing of its ‘2016 Amendment Bill’ seeking to overhaul a number of provisions within Australia’s existing ‘2001 Interactive Gambling Bill’. The new provisions have been designed to …

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