Tag Archives: Sun Bets

Tabcorp outlines ‘new enlarged capacity’ despite Sun Bets setback

Publishing its 2017/18 (period ending 30 June) annual results, a new look Tabcorp Holdings demonstrates its enlarged capacity, recovering from its 2016/17 woes. The ASX-listed gambling group points towards a new direction as it incorporates the lottery and betting assets of Tatts Group, forming Australia’s biggest gambling enterprise (deal concluded December 2017). A significantly enlarged Tabcorp records 2017/18 group revenues …

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Sun Bets termination costs Tabcorp £40 million

The governance of Australia ASX-listed Tabcorp Holdings has confirmed that it has completed discussions with News UK to terminate its Sun Bets joint-venture. The Sun Bets enterprise will cease trading in the coming days, with Tabcorp set to make a £40 million payment to exit its UK betting joint-venture agreement which began in 2016. Updating investors, David Attenborough Group Chief …

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End of UK affair… Tabcorp moves to terminate Sun Bets

Australia ASX gambling group Tabcorp Holdings has entered discussions with News UK to terminate its involvement in the Sun Bets joint-venture. Launched in 2016, the operating woes of Sun Bets have been well documented, with the Tabcorp-News UK joint venture reporting operating losses of AUS $46 million (£26 million) for FY2017 trading. Last October, Tabcorp governance moved to place an …

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Stamford Bridge to host the inaugural five-a-side SBC Global Championship

SBC Global Championship

Five-a-side teams featuring players from some of the sports betting industry’s leading operators, suppliers, affiliates and media organisations will be taking part in the inaugural SBC Global Championship at Stamford Bridge on Tuesday 22 May. Supported by headline sponsor Trustly Group, the eight-team tournament played out in Chelsea kits will be officiated by former FIFA and Premier League referee Dermot …

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Sun Bets sharpens in-play engagement with OtherLevels partnership

Multi-channel messaging platform OtherLevels has launched its innovative in-play messaging module with Sun Bets, significantly improving the operator’s engagement and scalability with bettors during live sporting events. It means the UK-facing sportsbook will now be able to dynamically deliver personalised, contextually-relevant messages promoting its latest in-play odds across the long-tail of all live sports and matches. OtherLevels’ in -play messaging …

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Cost of Tatts pursuit weighs heavily on Tabcorp’s 2017 results

The AUS $11 billion merger pursuit of Tatts Group, has significantly impacted the performance of Australia ASX-listed gambling group Tabcorp Holdings. Following a year of judicial hearings and compliance reviews, Tabcorp governance announced last December that it had secured final approval to complete its merger with Tatts Group. However, publishing its half-year 2018 results (period ending 31 December), Tabcorp reports …

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Tabcorp reviews current business assets as Tatts merger decision looms

Entering a new financial year, Australia ASX-listed gambling group Tabcorp Holdings has detailed a solid opening for its 2018 operating guidance, publishing its opening quarter trading statement (period ending 30 September). Although no longer required to provide quarterly trading statements, due to its ongoing merger with Tatts Group, Tabcorp governance has proceeded to update its investors and stakeholders. Tabcorp would …

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Tabcorp governance remains positive on 2017 Tatts deal closure

The governance of Tabcorp Holdings remains positive that it will conclude its planned AUS $11 billion merger with Tatts Group despite this week’s set-back following the Australian Federal Court’s ruling to ‘refer back’ the deal’s review by the Australian Competition Tribunal (ACT). The Tabcorp-Tatts merger hit a further hurdle on Wednesday, as the Federal Court sided with former deal supervising …

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Sadio’s sending off leaves fantasy football managers in shock

In what was a tough week for fantasy football managers, goals from Marcus Rashford and Romelu Lukaku helped James Birch extend his run at the top of SBC’s league of Legends. William Hill’s Al Romulus had another impressive round, racking up 60 points and putting himself within 15 points of the top spot. Al’s midfield made the difference this week, as …

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Top Dogs… Sun Bets sponsors 71st East Anglian Derby at Yarmouth

Sun Bets marketing has informed that it will sponsor the 71st East Anglian Derby at Yarmouth Stadium (Norfolk) taking place this September. The News UK and Tabcorp joint-venture bookmaker undertakes’ its first greyhound racing sponsorship, in which it will contribute £15,000 towards the Derby’s racing prize-pool. Furthermore, the bookmaker will secure the title name on all syndicated races, which will be …

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