Friday, October 23, 2020

Tag: Australia

Aussie banks to offer payment blocking

NAB payment blocking
National Australia Bank (NAB) will begin offering its customers the ability to block themselves from making gambling payment

Katter backs US-style online gaming rights for First Australians

Katter US online gaming tax
First Australians are calling for the exclusive rights to licence and tax online gambling, proposing a regulatory model similar to US tribal compacts.

Shining bright: Stars Group bags remaining stake in BetEasy

Stars Group BetEasy
Canadian gambling giant, The Stars Group, is to take full ownership of Australian bookmaking brand BetEasy - after agreeing to acquire the remaining..

Australian state alliance launches National Consumer Protection Framework

Australia, apc
Australia has introduced its first National Consumer Protection Framework, a collaboration between the country’s six state governments to standardise safeguards across remote gambling. The legislative authorities of New South Wales, Queensland,

Australian regulators ‘waking up to reality of online gambling’

Sydney, Australia,
Australian lawmakers are tiring in their losing battle with offshore sites, says gaming consultant, Sudhir Kale - and “it’s only a matter of time” before online gambling becomes legal. The reality of enforcing a black online gambling market is becoming ever…

Tabcorp first on line in long-awaited Western Australian TAB sale

IGT 170 APAC DPS TABCORP
Tabcorp has expressed an intention to purchase the Western Australian TAB, following the state government’s decision to sell the business in a deal estimated to be worth $353m. The operator submitted a proposal to the Department of the Treasury after…

Foreigner-only casinos approved by Myanmar’s Lower House

IGT 169 APAC MYANMAR AMEND AUSTRLIA AD BAN
The Lower House of the Myanmar Parliament has passed a bill legalising foreigner-only gambling following a submission by the country’s Public Affairs Management committee. The bill, which was minorly amended to specify financial responsibility, will now be submitted to the Parliament’s Upper House, the House of Nationalities. “The Public Affairs Management committee submitted the proposal to the Bill committee which forwarded...

Streaming services latest victim of ACMA betting advert ban

IGT 169 APAC DPS AUSTRALIA BAN
The Australian Communications and Media Authority has extended its March gambling advertising ban from live daytime sports coverage to include streaming platforms. The ruling, first submitted in July, will impose the same 5am to 8.30pm restriction…

Ladbrokes comes to blows with RWA over responsible wagering implementation

gaming
Ladbrokes has criticised Australia’s gaming industry body over “frustrating” delays in the implementation of a nationwide multi-operator self-exclusion scheme. The bookmaker challenged Responsible Wagering Australia, formed by operators…

Crown Resorts focus on land-based operations despite digital driven growth

IGT 168 COMPANIES CROWN
Crown Resorts has reported net profit for FY17/18 exceeded expectations, rising 12.7 percent to $287m, $20m above analyst predictions. An 81.8 percent increase in digital revenue, driven by recent acquisitions Betfair Australia and DGN Games…

15 percent point of consumption tax rolled out across Australian states

Australian Government, Canberra
The state of Queensland and the ACT have followed South Australia’s lead by implementing a 15 percent statewide point-of-consumption betting tax, with New South Wales imposing a 10 percent levy. The ruling is designed to increase state revenue…

Lottoland fights back after Australian lottery betting ban

IGT WEBSITE LOTTOLAND
Following a lobby from newsagents in the country, the Australian parliament has banned lottery betting sites. Despite the ban, synthetic lottery operator Lottoland states it is “here to stay.” The Australian parliament has formally approved a national ban

Tabcorp agrees exclusivity extension with South Australia

Betting Business Tatts and Tabcorp
Tabcorp has signed a retail exclusivity extension in its home state of South Australia, with final approval currently being considered by the Independent Gambling Authority.   The Australian gambling operator, whose licence to operate in the state is set to expire in 2100, agreed the exclusivity extension until 2032 through its wholly owned subsidiary UBET SA Pty Ltd. “We are pleased to...

William Hill mulls sale of Australian arm

william hill australia horse racing
William Hill expects 11 percent profit growth from 2017, but new restrictions down under mean the group is considering the sale of its once-lucrative Australian division.   British bookmaker William Hill has said it is considering selling its Australian division amid tightening regulations in the $18bn market. Will Hill Australia makes up around seven percent of the group’s overall revenue - or...

SBGI 2018 Summit prepares to go live next week

India
After a robust start in planning the Sports Betting & Gaming India 2018 Summit, Eventus International is scheduled for the 27th and 28th of February 2018 at the Park Hyatt Goa Resort & Spa. Ahead of the summit, Yudi Soetjiptadi, the managing director of Eventus International has issued an advance vote of thanks to all the speakers and attendees who...

Victorian operators lobby against PoC tax

operators
  Gambling operators have launched a lobby against a proposed 15 percent point-of-consumption tax on online gambling revenue.   Bookmakers began pushing for a lower tax-rate after the Southeastern Australian became the third state to discuss implementing the remote gambling tax. South Australia first proposed the law change, making it effective from July this year, while in Western Australia the tax will be...

Gaming Laboratories names new Australia chief operating officer

Erdal-Eskin-GLI-Australia-COO1
Gaming Laboratories International (GLI) has welcomed Erdal Eskin as its new Australia chief operating officer.   With over 20 years of experience in the Australian gaming industry, Eskin has “forged strong relationships with the clients he has worked with and has served in various progressive roles within the industry”, the company said in a statement. “We are extremely fortunate to have Erdal...

Tatts Tabcorp merger blocked again, with appeal from competition authority

BB155-Betting2-Tatts Tabcorp
Australia’s competition authority has withdrawn its injunction against the Tatts Tabcorp merger, to focus on the “main game” of appealing the deal - as Packer’s Crown-Bet prepares to poach Tatts if all falls through.   The merger was approved last month via a less vigilant competition tribunal - yet the snubbed Australian Competition and Consumer Commission has come outfighting for its...

Scientific Games prepares innovations for AGE

BBI - Scientific Games AGE
Scientific Games has confirmed it will showcase 'next-level' innovations at Australasian Gaming Expo August 15-17 in Sydney, Australia.   Scientific Games Group Chief Executive, Derik Mooberry said: "At AGE, we are looking forward to showcasing the innovative games, table products, systems, and lottery technologies that are designed to help our customers drive revenue, enhance operating efficiencies, and make smarter business decisions....

GLI a hit with Asia-Pacific audience ahead of AGE

ICR - GLI AGE
The world leader in gaming certification and testing, GLI, has confirmed its products have been a success with clients in the Asia-Pacific as the company prepares to discuss a wide variety of tools and services at the Australasian Gaming Expo (AGE) 2017 next month.   Gaming Laboratories International (GLI®) has reported that regulators, suppliers and operators are experiencing great success in...

Lightning Box’s new RedRoo bounces into view

BBI - RedRoo
The Australia-based slot designer, Lightning Box Games, has launched its latest title, RedRoo, focusing on the country’s own iconic animal.   Lightning Box Games has confirmed the release of its latest slot title, RedRoo, featuring a red kangaroo and set against the backdrop of the Aussie Outback. RedRoo is a 4x5 reel, 1024 ways slot which includes other symbols of the...

Tatts Tabcorp merger given green light

Betting Business merger
Shares in Tatts and Tabcorp climbed five percent a piece on midsummer’s eve when news broke that the duo’s long-conceived tie-up merger had finally been approved. The realisation of Tatts-Tabcorp had been resisted for over a decade, by the Australian Competition and Consumer Commission (ACCC), rival bookmakers and Racing Victoria. The deal would diminish competition for licences and broadcast rights,...

Australia moots PoC igaming tax

BBi - Australia PoC tax
Only days after Australia passed amendments to black out its online gaming market, the federal government has announced plans for Point of Consumption tax similar to that used in the UK.   At the end of March federal treasurer Scott Morrison said an agreement had been reached to start preparing for a uniform PoC approach across Australia, applied to all domestic...

SIS and Tabcorp’s greyhound partnership a hit in Australia

Betting Business - SIS Tabcorp Greyhound Australia deals vermantia
A partnership between SIS and Tabcorp which provides UK greyhound races in Australia has got off to a flying start with encouraging figures and turnover.   The leading streaming supplier SIS and Australia’s foremost gambling and entertainment company, Tabcorp have heralded a positive start to their UK greyhound partnership. Tabcorp’s racing media arm, Sky Racing commenced broadcasting pictures across Australia from UK...

Anti-gaming MP revealed as gambling stakeholder

Betting Business - Australian MP stakeholder
An Australian MP who is known for her anti-gambling stance has egg on her face after reporters discover she’s also a gambling stakeholder.   An MP for Australia’s Liberal party who has regularly spoken out against gambling faces embarrassment after various news sources reported that she actually owns stocks in the industry. Sarah Henderson, a Liberal backbencher, had publicly denounced gambling as...

Coalition of online bookies form new Australian lobby group

A new lobby group for the Australian gaming industry has been formed and received backing of major operators in the territory.   A coalition of domestic and international online bookmakers have formed a new lobby group for the Australian industry, controversially headed by former Labor senator Stephen Conway, who quit his political post in September. Responsible Wagering Australia, that replaces the...

Digital Sports Tech gives props to Ladbrokes Australia

Betting Business Ladbrokes Australia
In the latest sportsbook partnership for Digital Sports Tech the company has confirmed it will be supplying its ‘Player Props’ proposition to Ladbrokes Australia.   Digital Sports Tech continues to partner with key industry operators as Ladbrokes Australia becomes the latest sportsbook to supply its new player proposition, Player Props. The new product allows customers to create and customise their own bets...

Tatts and Tabcorp in last-ditch attempt to win back Aussie market

Betting Business Tatts and Tabcorp
As competition hots up in Australia’s online gambling markets, the two biggest firms - Tatts Group and Tabcorp - on the island have announced a £7bn merger to protect their market share.   The two biggest players in Australian gaming are looking to join forces, in an attempt to fend off foreign rivals making gains in their home market. Previously state-owned enterprises,...

Tabcorp announces UFC Australia wagering partnership

Betting Business Tabcorp UFC
Tabcorp partner with UFC Australia ahead of ‘Fight Night Melbourne’ in November   Australian gambling operator Tabcorp has confirmed that its online betting subsidiary Tab.com.au has signed a multi-year partnership with the UFC, becoming its official Australian wagering partner. Tabcorp marketing secures the partnership ahead of the UFC returning to Australia on 27 November for ‘Fight Night Melbourne’ Luke Rockhold vs Jacare...

Ladbrokes Australia moves Cherry to chief exec

Betting Business Ladbrokes Australia Cherry
As Dean Shannon steps away for the helm, the division’s long serving COO Paul Cherry moves to replace his as chief executive   Ladbrokes Australia has announced that its chief operating officer Paul Cherry will replace company stalwart Dean Shannon (pictured) as the division’s chief executive. Shannon, who founded the Bookmaker website in Australia, which was then sold to Ladbrokes in 2013,...

STAY CONNECTED

138FansLike
383FollowersFollow

SECTOR NEWS