Oceania

Venture capital fund Tekkorp Capital has announced that it will launch a new sportsbook business in Australia, partnering with the Murdoch family’s News Corp Australia media subsidiary.   Expected to launch in the latter half of this year, Tekkorp’s venture will be led by Australian market figurehead Matt Tripp, Founder of Sportsbet AUS, who will be charged with establishing Australia’s next …

Racing and Sports PTY (RAS) has announced its first major UK partnership, becoming the new data intelligence partner of the Greyhound Board of Great Britain (GBGB). Securing a long-term partnership, RAS will overhaul the GBGB’s database capabilities to help the governing body monitor and record all greyhound racing fixtures in the UK. Further to optimising GBGB’s database, RAS will aim …

Directors of the Australian lottery, gaming and wagering corporation Tabcorp have ‘unanimously recommended’ that shareholders vote in favour of the proposals to demerge its Tatts lottery and keno operations from its gaming and wagering business. Publishing its ‘Demerger of The Lottery Corporation – Briefing Presentation’, the firm detailed the proposed new business structure which would see Tabcorp separate into two ASX-listed …

Andrew Jones has been appointed as the new Chief Executive of Racing Victoria (RV), as the racing sanctioning body looks to maintain momentum on the growth of the sport. Moving forward, the new lead has detailed his key objective as to expand the fan base of racing in the state of Victoria, whilst also boosting revenues, social licence and investment …

Two major Australian National Rugby League (NRL) clubs have joined the New South Wales government’s ‘Reclaim the Game’ initiative, distancing themselves from sports betting. By signing up to Reclaim the Game, the Canterbury-Bankstown Bulldogs and South Sydney Rabbitohs have become the first teams from the NRL – one of the most-watched tournaments in Australia, with a TV audience of 101.9 …

Australia-based betting data provider RAS Pty has appointed Brent Dolan as its Managing Director, tasking the new hire with coordinating its expansion in the Northern Hemisphere.  In pursuit of strengthening RAS’ foothold outside the Asia-Pacific region, Dolan will oversee development of the brand in Europe, including the launch of its Racing and Sports UK digital assets this spring.  The company …

Australian betting and gaming operator Tabcorp and Lottland’s regional subsidiary Lottoland Australia have been awarded 20 year licences in Victoria.  Both licences commence on 15 April 2022 and run until 2024, with the two companies permitted to provide Keno games services across online and retail verticals by the Victorian State Government.  ASX-listed gambling group Tabcorp had previously been active in …

The shift from retail to online betting is continuing in Australia, according to the Australian Communications and Media Authority (ACMA). Research from the Authority found that 11% of Australians reported participating in online gambling during the previous six months, an increase on the figure of 8% in 2020.  Online sports betting in particular has proven popular among Australian gamblers, with …

Tabcorp Holdings has underlined that its business recovery continues to be affected by COVID-19 restrictions applied across Australia’s five-state provinces.  Publishing its half-year 2021/2022 results for the six-month period ending 31 December, the ASX gambling group recorded a 2% increase in corporate revenues to AUS $2.93 billion (€1.52 bn). Topline growth was attributed to Tabcorp’s Lotteries-&-Keno unit registering an 11% …