Tag Archives: tabcorp

ACMA rules against Foxtel for betting advertising breach

The Australian Communications and Media Authority (ACMA) has ruled against Foxtel regarding a complaint made about a betting advertisement, as public debate surrounding gambling marketing in the country continues.  Foxtel notified the ACMA itself, notifying the regulator that at around 4.33pm ARST a betting commercial was shown during a half-time discussion of the Australian Football League (AFL) Easter Monday Footy: …

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Tabcorp CEO Attenborough calls for Australian advertising overhaul

David Attenborough, CEO of Tabcorp, has called on the Australian federal government to tighten restrictions around gambling advertising on prime-time television. The CEO of the ASX-registered gambling group detailed his belief that the government should reform Australia’s current advertising landscape, with a particular focus on limiting betting marketing during live sports events. He cited exposure to children being greater during …

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Tabcorp: Banks responsible for gambling credit card ban

David Attenborough, CEO of Tabcorp, has reportedly argued that banks should have responsibility for implementing a ban on the use of credit cards for making betting payments in Australia. According to ZDNet, the CEO made the remarks whilst addressing the Parliamentary Joint Committee on Corporations and Financial Security last week.  The committee is currently conducting an inquiry into the use …

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Senet moves to strengthen senior team with former Tabcorp executive

Gambling compliance, law and business consultancy Senet has hired Daniel Lovecek, the former General Counsel of Wagering and Media at Tabcorp, to join its senior leadership team. Joining former colleague Julian Hoskins at the gamlbing advisory firm, the duo will work to direct and lead complex commercial regulatory work, building on Lovecek’s experience in this role at Tabcorp. “I’m thrilled …

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Tabcorp returns to profits as focus shifts to 2022 split-off  

Tabcorp Holdings has returned to profit, as corporate governance highlights the intrinsic value of its lottery and wagering unit that will operate as stand-alone businesses from 2022 onwards.  Publishing its full-year 2020/2021 results (period ending 30 June), Tabcorp declared statutory group profits of AU$269 million (€166m) – reversing its preceding losses of 870 million (€530m). The ASX gambling group registered …

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Australian bookmakers end opposition to credit card ban

Leading betting and gaming operators in Australia have dropped their opposition to moves by federal lawmakers to ban the use of credit cards for online wagering. According to The Sydney Morning Herald, long-term opponents to the proposed ban bet365, Sportsbet and Ladbrokes have now made a u-turn and announced their support for the initiative.  ASX-listed betting and lottery operator Tabcorp …

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Sky Racing World ‘expands menu of North American content’ via AmTote deal

Tabcorp subsidiary Sky Racing World has signed an agreement with North American 1/ST TECHNOLOGY, leveraging the latter’s AmTote International product. As 1/ST TECHNOLOGY’s leading offering in its portfolio, AmTote will be utilised by Sky Racing World as its wagering platform, initially to facilitate international commingling into Australian racing hosts’ pools for greyhound racing from the North American market. The new …

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BetMakers further enhances racing content via SIS and RMG partnership

BetMakers has signed a multi-year partnership with Sports Information Services (SIS) and the Racecourse Media Group (RMG) covering live streaming of British and Irish horse racing vision and wagering content. As a result of the deal, BetMakers will act as an authorised supplier of vision and content held under rights by SIS and RMG to approved Australian corporate sports betting …

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Entain to blowout all bid competition in pursuit of TAB

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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