Tag Archives: australia

Lottery ‘Record Breaking Year’ lifts Tatts Group 2016 performance

SBC News Lottery 'Record Breaking Year' lifts Tatts Group 2016 performance

Presenting its 2016 full year report (period ending 30 June), Australian ASX-listed gambling operator Tatts Group has revealed a mixed set of results reporting strong digital growth hindered by legal costs. Closing its FY 2016 Tatts Group (Tatts) would post a statutory net profit decline of -7% to AUS $233 million (£136 million). Tatts 2016 earnings would be impacted by …

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Ladbrokes Australia is ‘Up for the Challenge’ with Saatchi & Saatchi

SBC News Ladbrokes Australia is ‘Up for the Challenge’ with Saatchi & Saatchi

Ahead of busy period for Australian sports with the AFL and NRL Finals commencing in September, Ladbrokes Australia has announced the launch of its new nationwide marketing campaign ‘Up for the Challenge’. ‘Up for the Challenge’, is the first marketing campaign delivered by Saatchi & Saatchi, who were appointed Ladbrokes Australia’s lead creative agency in May following an account pitch …

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Equotion goes East with Cardinal House Group

SBC News Equotion goes East with Cardinal House Group

Betting data and insights provider Equotion Ltd, has signed a new white label agreement with Cardinal House Group to take its sports betting predictor technology into Australia, New Zealand and Asia. Equotion. said the deal will provide data analytics, web front end and back office services to Cardinal House Group Pty Ltd, an Australian registered business-to-business and business-to-consumer provider of …

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Richard Moffat – OLBG – Testing Times: New Market Expansion

SBC News Richard Moffat - OLBG - Testing Times: New Market Expansion

Richard Moffat Managing Director of leading UK sports betting affiliate OLBG (olbg.com) speaks to SBC on his firm’s recent international expansion and business strategy which has seen OLBG launch its player referral services in Spain, Australia, Ireland and Romania. Moffat details to SBC readers how entering new international markets has tested OLBG’s day-to-day operations and marketing values as an industry …

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South Australia bans esports gambling

SBC News South Australia bans esports gambling

The state government in South Australia has moved to stamp out all forms of esports wagering.  Consumer and Business Services Minister John Rau has informed the Independent Gambling Authority that it should not approve betting on competitive gaming events, irrespective of where the event occurs. This includes for instance The International, the Dota 2 tournament which is currently underway in Seattle, …

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bet365 Australia narrows operational losses to AUS $10.9 million

SBC News bet365 Australia narrows operational losses to AUS $10.9 million

Independent bookmaker bet365 has reduced its Australian market losses to AUS 10.9 million (£6.3 million) for the 12-month period ending 27 March. The figure represents a marked improvement on its fiscal 2015 market losses of AUS $31 million. Since beginning its operations in Australia under a Darwin license in 2012, the Stoke-based bookmaker has accumulated losses of AUS $133 million …

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Legal & expansion costs see Tabcorp post 49% 2016 profits decline

SBC News Legal & expansion costs see Tabcorp post 49% 2016 profits decline

Footing a legal bill of AUS $20 million (£11.5 million) Australian ASX-listed gambling operator Tabcorp Holdings (Tabcorp) has witnessed its full-year 2016 net profits decline 49% to AUS $169 million (FY 2015: AUS $334 million). Presenting its FY 2016 results (financial period ending 30 June), Tabcorp governance stated that 2016 business conditions had been ‘Volatile.’ The gambling operator would report …

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Tabcorp strengthens Board advisory with Bruce Akhurst & Vickki McFadden appointments

SBC News Tabcorp strengthens Board advisory with Bruce Akhurst & Vickki McFadden appointments

Australian ASX-listed gambling operator Tabcorp Holdings has moved to strengthen its governance advisory by appointing Bruce Akhurst and Vickki McFadden as Non-Executive Directors. Tabcorp adds to its advisory board Bruce Akhurst, a veteran Australian technology and management expert who currently serves as Executive Chairman of advertising services firm AdStream. Vickki McFadden will further assist Tabcorp governance on strategic investments, banking and …

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Tabcorp strengthens technical capabilities with INTECQ acquisition

SBC News Tabcorp strengthens technical capabilities with INTECQ acquisition

Australian gambling operator Tabcorp Holdings has today confirmed that it has acquired ASX-listed gaming systems and technology provider INTECQ Limited for AUS $128 million (£74 million). The acquisition sees Tabcorp strengthen its technical and operational capabilities by acquiring INTECQ systems (formerly eBet Gaming) specialists in gaming business intelligence tools and player loyalty reward programmes. INTECQ currently services 1200 licensed venues …

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AWC addresses concerns over the advertising of sports betting

SBC News AWC addresses concerns over the advertising of sports betting

The Australian Wagering Council (AWC) has explained that advertising remains an important legal right for Australian licensed wagering operators, but committed to working with the Federal Government to address community concerns over the advertising of sports betting. The Council was responding to calls from independent MP Mr Andrew Wilke and Senator Nick Xenophon for a national approach on advertising regulation. Wilke …

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