Tag Archives: Neds

English speakers identified as most at-risk problem gambling group by Gambless

Gambless has recorded 3,500 self-assessment tests completed via its mobile app, revealing strong differences in problem gambling across international borders, with English speakers encountering issues much more than other linguistic groups. Publishing its first annual report, the Mindspa-funded and ORCHHA-certified international gambling harm prevention app found that English speakers, mainly from the US, UK, and Australia, recorded a 57% higher …

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Entain hit with AUS $26,690 fine for Neds’ Northern Territory licence violation

The Northern Territory Racing Commission has penalised Entain with an AUS $26,690 fine after its Australia-facing Neds subsidiary was judged to have violated state licencing requirements.  An investigation into Neds’ compliance with the law began after a Commission member saw a Business Development Manager form the company inform a rage goer that bonus offers could be accessed by scanning a …

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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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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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Neds goes live with BetMakers Racing Channel

Australia-based BetMakers Technology Group has confirmed the launch of its new customised racing channel with wagering operator Pointsbet, which has gone live across the GVC Australia-owned Neds website. BetMakers has said that the new Racing Channel is currently live streaming over 2,000 international races across six operator sites, with coverage being shown from the US, UK, Ireland, Mexico and Canada. …

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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 boosts Aussie muscle acquiring Neds International for £37 million

FTSE100 gambling group GVC Holdings has expanded its profile within the Australian online betting scene after acquiring Neds International (Neds – neds.com.au) for an initial sum of AUS $68 million (£37 million).  A relatively new entrant within the Australian online betting scene, having launched in 2017, Neds has established itself as a dynamic incumbent achieving reported wagers of AUS $1 billion …

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