Tag Archives: australia

Rising Stars and Hill slides – divergent tracks after merger talks

The degree to which the fortunes of the Stars Group and William Hill have diverged since their failed merger talks 18 months ago provides an interesting counterpoint to the current obsession with sector M&A. A recent note on Stars published by the Canadian analyst team at Canaccord Genuity noted that the company’s share price rose 54 percent in 2017, placing …

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February Pains… European giants prepare for Australia rethink

February 2018 will be a landmark month for all industry stakeholders. The sector’s current agenda and context is dominated by the pending UK government’s judgement on industry FOBTs wagering and advertising standards. Nevertheless, it would be wise for all betting stakeholders to broaden their anxieties, as Australia moves to implement its ‘credit betting ban’ this 17 February, serving industry leadership …

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Tougher regulatory requirements see NetEnt report Q4 2017 revenue & earnings lag

Publishing a corporate update, Stockholm-listed industry games developer NetEnt has detailed that its Q4 2017 results (period ending 31 December) will ‘lag behind market forecasts’. Updating stakeholders, NetEnt governance expects to deliver Q4 2017 corporate revenues of SEK 419 million (Q4 target: SEK 447 million), combined with a period EBIT of circa SEK 150 million (Q4 target: SEK 170 million). …

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ESSA and Victoria Police in world first integrity link up

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A new world’s first agreement between ESSA and Victoria Police is to target suspicious betting activity and deter betting related match fixing. Law enforcement is to be provided with information from across the world, with the deal set to be in place for 2018 sporting events, including the Australian Open tennis which got underway today (Monday 15 January). ESSA, the …

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At The Races – Innovative ways of utilising data in racing

acceptphoto / 123RF Stock Photo

As the consumption of sports betting in the UK continues to develop, racing has retained its status as a stalwart amongst the nation’s most cherished betting events. Nonetheless, in 2018 the importance of the continued evolution of racing can’t be understated, SBC spoke to the Commercial Manager at broadcaster At The Races, Joe Andrews about why the future remains positive for racing …

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Tabcorp shuts down loss making Luxbet

Tabcorp Holdings has decided to shut down online property Luxbet (luxbet.com), as the company focuses on completing its approved AUS $11 billion merger with Tatts Group. The underperforming online betting division had been under strategic review throughout 2017. In its latest trading update, Tabcorp governance disclosed that Luxbet had made pre-tax losses of approximately AUS $13 million (£7.5 million) for …

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Winning Post – How 2017 shaped up for the gambling industry

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at how the gambling industry fared this year in its ‘Winning Post’ column. 2017 in review: growing up? Three key themes dominated the changing shape of the online gambling market in 2017: continuing channel shift, the continued march of Point of Consumption regimes, and increased …

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Poker machine debate grips Australia

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Australia has been lambasted by Canberra based think tank The Australia Institute, after new figures revealed its poker machine habits. With 835,000 of the worlds 1,076,000 poker machines, representing almost 80%, located in dedicated gambling venues, such as casinos, race tracks, betting agencies and slot halls, the paper points the finger at the remaining 241,000, situated in the worlds pubs …

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