National Rugby League (NRL) chiefs are to go back to the negotiating table with Australian bookmakers, with temporary agreements set to be rolled over once again for the ongoing season, reports Fairfax Media. It’s being said Chief Executive Todd Greenberg is to be drafted in to urgent talks, two months after the start of the season, for more discussion on …
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The Formula One curtain raiser gets underway this weekend, with Melbourne once again playing host as the razzmatazz rolls back into town. Australia welcomes the glitz and glamour, to open a season which sees Lewis Hamilton aim to become back to back World Champion for the second time in his career. The enigmatic Englishman, Britain’s most successful driver, is favourite …
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Does the United Kingdom have a new tennis star in its midst? With 23-year-old Kyle Edmund, a 300/1 shot before the Australian Open, now a shock semi-finalist and narrowed to 16/1. The Johannesburg, South Africa, born star now stands just one win from reaching the final of the years first major (also known as a grand slam), after a stunning …
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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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The continued restructure of Crown Resorts and its business assets has earned Australian casino and leisure magnate James Packer approximately AUS $600 million (£375 million) in cash last week. Packer’s personal wealth vehicle Consolidated Press Holdings (CPH) informed the Australian ASX that it had sold AUS $101 million of ‘debt securities’ in Packer’s Crown Resorts enterprise. Further to the debt securities payment, …
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Novak Djokovic’s surprise five-set defeat to Denis Istomin in the second round of the Australian Open has opened the door for Andy Murray to claim a first title in Melbourne. The five-time beaten finalist and world number one is now odds on with the bookmakers to lift the trophy in the Rod Laver Arena on 29 January. However, it is …
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Australian business news sources are reporting that market leading gambling operators’ Tabcorp Plc and Tatts Group have entered advanced talks to create an AUS $9 billion enterprise. The operators have previously engaged in merger discussions. In November 2016, Tabcorp and Tatts governance entered initial discussions but quickly repealed discussions after failing to agree on any potential merger terms. Today both …
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TopBetta, Australia’s first fantasy wagering company, continued its growth by achieving a September quarterly turnover of $12 million and revenues of $1.2 million. TopBetta held 1,650 tournaments during the quarter, with a total of $1.5 million paid out to tournament winners. The company was particularly pleased that its player on player product had 5,430 active users during a quarter which …
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Australian leisure and gambling tycoon James Packer has sold approximately 4.8% equity in ASX-listed casino operator Crown Resorts (Crown) for a reported AUS $448 million (£257 million). The transaction was carried out by Packer’s investment vehicle Consolidated Press Holdings (CPH), who placed circa 35 million shares at AUS $12.80 apiece. The sell-off sees Packer relinquish his majority stake in Crown …
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The Tennis Integrity Unit (TIU) have confirmed that they received 48 alerts to suspicious betting and match-fixing during the first quarter of 2016. The figure is up by 31 from the same period in 2015, and includes one case from the Australian Open. None of the matches or players involved were named, but the TIU did confirm that one alert …
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