Oceania

Oceanic news – Australia and nearby countries

Packer sells Crown Resort $800 million stake in Melco Crown Entertainment

Australian gambling and leisure tycoon James Packer has sold an $800 million (£550 million) stake in joint venture Melco Crown Entertainment (MCE). Business news sources report that Packer and his advisors are seeking to limit Crown Resorts’ exposure in the declining Macau casino market. As part of a more conservative strategy Crown Resorts will focus its growth on Australian casino …

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Tabcorp extends sponsorship agreement with the ATA

SBC News Tabcorp extends sponsorship agreement with the ATA

Tabcorp have announced an extension to its sponsorship agreement with the Australian Trainers Association (ATA). It is an upgrade on the partnership which first came to fruition in 2014. The new agreement will see Tabcorp partner with the ATA, the official representative organisation for the country’s horse trainers, on a number of new raceday initiatives in 2016 including supporting the TAB/ATA Celebrate Women Trainers Handicap …

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Unfavourable sporting results impact Tabcorp 2016 performance

SBC News Unfavourable sporting results impact Tabcorp 2016 performance

Unfavourable sporting results have impacted Australian gambling operator Tabcorp’s nine-month corporate update (period ending 31 March). Issuing a market release, Tabcorp governance detailed that the company had seen revenue growth in all its core divisions; ‘Wagering & Media’ ‘Gaming Services’ and ‘Keno’, with the operator posting a 1% increase in revenues to AUS $1.4 billion. Higher customer engagement had seen Tabcorp …

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Saatchi & Saatchi wins Ladbrokes Australia creative account

SBC News Saatchi & Saatchi wins Ladbrokes Australia creative account

Ladbrokes Australia has selected Saatchi & Saatchi to be its creative lead agency following a competitive pitch process. Australian marketing news sources report that Saatchi & Saatchi Australia won the multi-million AUD $ account beating a number of agencies shortlisted by the bookmaker, including Leo Burnett, M&C (Saatchi Group) and George Patterson Y&R. Saatchi & Saatchi will be tasked with …

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ESSA responds to Australian review of illegal offshore wagering

SBC News ESSA responds to Australian review of illegal offshore wagering

ESSA have issued a response to the Australian review of illegal offshore wagering, citing the Interactive Gambling Act of 2001 and stating that Australia had enforced an inconsistent position on in-play (or live) betting. The following points from ESSA covered the inconsistency of this approach:  Australia has enforced an inconsistent position on in-play (or live) betting. The Interactive Gambling Act …

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Australia Rugby Union names Opta as data and statistics provider

SBC News Australia Rugby Union names Opta as data and statistics provider

The Australian Rugby Union (ARU) have announced a four-year partnership with Perform, naming its data brand Opta as its official data and statistics provider. Perform will supply the ARU with Opta data to power its network of websites, mobile applications and social media activity, with live scores and statistically driven insights. The ARU will use Perform’s professional services brand, OptaPro, …

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Crownbet fined for breaking NSW advertising laws

SBC News Crownbet fined for breaking NSW advertising laws

The Liquor & Gaming Board of New South Wales has fined Australian online bookmaker CrownBet AUS $20,000 in fines for breaching advertising laws relating to the promotion of gambling services. Crownbet marketing was convicted of five counts of publishing content which featured consumer inducements to gamble. The bookmaker is said to have published advertisements on its website including bonus rewards …

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