Tag Archives: Ladbrokes Australia

Ladbrokes Australia fined AUS $76K for servicing fraudulent player

Ladbrokes Australia

The Northern Territory Racing Commission (NTRC) has issued a A$78,540 fine (€50,000) against Ladbrokes Australia for failure to carry out due-diligence on a customer’s source of funds.  The customer in question had informed the NTRC – which serves as a licence issuer for several Australian bookmakers – that he was on a $145,000 annual salary but had ‘far less’ discretionary …

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Entain to face AUSTRAC investigation of Australian business

SBC News Entain to face AUSTRAC investigation of Australian business

Entain Plc is to face an investigation into whether it has complied with the anti-money-laundering (AML) and counter-terrorism financing laws of Australia. The investigation has been announced by AUSTRAC – the Australian Transaction Reports and Analysis Centre – as part of an “extensive supervisory campaign covering the whole corporate bookmaking sector”. AUSTRAC provided no specific details as to why it …

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Report: Entain Australia targeting status as ‘fully fledged media business’

SBC News Report: Entain Australia targeting status as ‘fully fledged media business’

Entain Australia is developing a media arm, as reported by The Sydney Morning Herald, which will manage a suite of online television channels. The newspaper reported today that Entain has created four online horse and greyhound racing channels and is producing both written and video content – the latter in the form of documentaries.  One of the documentaries will focus …

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Ladbrokes Australia brings the bromance with ‘Mates Mode’

SBC News Ladbrokes Australia brings the bromance with 'Mates Mode'

Ladbrokes Australia has debuted a new nationwide advertising campaign ‘Mates Mode’, showcasing its mobile app as the most fun and interactive device for Aussie sports fans to play on. The new campaign devised by Sydney-based creative advertising agency The Monkeys, part of Accenture Interactive, forms part of the betting group’s ongoing Australia brand campaign ‘Ladbroke It Together’. Mates Mode showcases …

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Racing and Sports PTY upsizes IPO as Entain backs ASX enterprise

SBC News Racing and Sports PTY upsizes IPO as Entain backs ASX enterprise

Entain Plc is reported to be backing the upcoming ASX IPO of Racing and Sports PTY – the dedicated premium data, content and media supplier for Australian horseracing.  Sydney-based investment fund Ord Minnett confirmed that Racing and Sports would be elevating its target IPO raise to AUS $29 million (€19m) in order ‘to accommodate a cornerstone investment by Entain’. Though …

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Entain to blowout all bid competition in pursuit of TAB

Tabcorp revenue bitten by ‘softer trading’ in 1Q24

Australia’s sports betting incumbents will be closely monitoring the interim results of Entain Plc, published on Thursday 8 July, to see if the FTSE100 gambling group increases its offer to acquire Tabcorp Holdings’ TAB wagering unit. First off the mark, last February Entain launched its initial AUS $3 billion (€2bn) offer to acquire TAB’s wagering and media divisions – an …

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GVC extends Optimove CRM suite to service global profile

SBC News GVC extends Optimove CRM suite to service global profile

GVC Holdings will retain Optimove as lead software provider of its group-wide customer retention management (CRM) provisions for a further five-years. Expanding its existing agreement, GVC has moved to integrate Optimove’s ‘Relationship Marketing Hub’ to serve as the FTSE100 firm’s ‘group enterprise software’ across its expanded global igaming portfolio. GVC maintains Optimove’s CRM software as it undertakes a series of …

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NSW issues Ladbrokes and Neds with its largest ever gambling fine

SBC News NSW issues Ladbrokes and Neds with its largest ever gambling fine

The New South Wales (NSW) Independent Liquor and Gaming Authority has fined Ladbrokes Australia and Neds a record $207,500 penalty for presenting wagering inducements to New South Wales residents. The fee is New South Wales’ largest gambling fine and follows the authorities recent crackdown on gambling regulations having also fined gaming machine technician Riad Allam and machine seller Justin Layden $100,000 …

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GVC secures global racing partnership with BetMakers

SBC News GVC secures global racing partnership with BetMakers

GVC Holdings has strengthened its commitment to racing after securing a new global racing partnership with Australia-based BetMakers Technology Group, which will roll out BetMakers’ technology and wagering products rolled out in Australia and other international markets. Under the terms of the new agreement, BetMakers has confirmed that it will continue to service GVC Australia brands. However, it has now …

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GVC appoints Dean Shannon as Australia CEO

Ladbrokes Australia

The governance of FTSE250 GVC Holdings Plc has this morning confirmed the appointment of Dean Shannon as inbound Chief Executive of its Australian division. Shannon will succeed Jason Scott as leader of GVC’s Australian business unit, overseeing the corporate development of ‘Ladbrokes Australia’ and ‘Neds’ brands. Prior to the appointment, Shannon has maintained a close relationship with GVC, serving as an …

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