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Unfavourable sporting results impact Tabcorp 2016 performance

SBC News Unfavourable sporting results impact Tabcorp 2016 performance

Unfavourable sporting results have impacted Australian gambling operator Tabcorp’s nine-month corporate update (period ending 31 March). Issuing a market release, Tabcorp governance detailed that the company had seen revenue growth in all its core divisions; ‘Wagering & Media’ ‘Gaming Services’ and ‘Keno’, with the operator posting a 1% increase in revenues to AUS $1.4 billion. Higher customer engagement had seen Tabcorp …

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Saatchi & Saatchi wins Ladbrokes Australia creative account

SBC News Saatchi & Saatchi wins Ladbrokes Australia creative account

Ladbrokes Australia has selected Saatchi & Saatchi to be its creative lead agency following a competitive pitch process. Australian marketing news sources report that Saatchi & Saatchi Australia won the multi-million AUD $ account beating a number of agencies shortlisted by the bookmaker, including Leo Burnett, M&C (Saatchi Group) and George Patterson Y&R. Saatchi & Saatchi will be tasked with …

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UKGC aims to implement new consumer focused business plan

SBC News UKGC aims to implement new consumer focused business plan

Updating the industry, the UK Gambling Commission (UKGC) has set out a new consumer focused business plan which it will aim to integrate over the coming year. UKGC management detailed that the plan would cover three direct themes Building on vital work to protect the most vulnerable, and set standards for responsible and safe gambling Ensuring markets are fair and …

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GAN closes tough 2015 with £5.6 million losses

SBC News GAN closes tough 2015 with £5.6 million losses

Online gambling B2B supplier GameAccount Network (GAN) closes a tough fiscal 2015 (period ending December 2015) reporting that its operating losses have doubled to £5.6 million (FY 2014:£2.6 million). Detailing full-year 2015 metrics, GAN recorded a net revenue decrease of 8% to £6 million (FY 2014: £6.5 million). Closing 2015 GAN would report clean EBITDA losses of £3 million (FY …

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bet365 challenges Bulgaria SCG licence revoke

SBC News bet365 challenges Bulgaria SCG licence revoke

bet365 is set to take the Bulgarian national gambling regulator to court appealing its restriction to operate in the country. Industry legal news source Gambling Compliance details that a bet365’s appeal against Bulgaria’s State Commission on Gambling (SCG) was heard yesterday by the Administrative Court of Sofia, with a further hearing scheduled for 5 May. SCG governance had granted bet365 …

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Serbian Basketball League signs Sportradar integrity deal

SBC News Serbian Basketball League signs Sportradar integrity deal

Sportradar has signed a deal with the Serbian Basketball League (KLS) which will see the Serbian Superlige monitored by Sportradar’s integrity services. The company’s Fraud Detection System will monitor betting across over 450 betting operators, looking over the remaining matches in the current season from today onwards, as well as the upcoming season’s games. KLS Director Leon Deleon explained the …

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Racecourse Media Group pays out £80 million in 2015 broadcast fees

SBC News Racecourse Media Group pays out £80 million in 2015 broadcast fees

Racecourse Media Group (RMG) has detailed that it has paid its 34 syndicated UK racetracks £80 million in media rights for 2015. The figure represents an 8% increase on 2014 media pay-outs generated from licence fees of racing broadcast owners; Turf TV – betting shop service provider to Licensed Betting Offices (LBOs) Racing UK (multi-platform subscription channel) Digital (Bet2View streams) …

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ESSA responds to Australian review of illegal offshore wagering

SBC News ESSA responds to Australian review of illegal offshore wagering

ESSA have issued a response to the Australian review of illegal offshore wagering, citing the Interactive Gambling Act of 2001 and stating that Australia had enforced an inconsistent position on in-play (or live) betting. The following points from ESSA covered the inconsistency of this approach:  Australia has enforced an inconsistent position on in-play (or live) betting. The Interactive Gambling Act …

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Svante Liljevall departs as Evolution Gaming COO

SBC News Svante Liljevall departs as Evolution Gaming COO

Stockholm Nasdaq-listed live gambling solutions provider Evolution Gaming has confirmed that Chief Operations Officer (COO) Svante Liljevall has resigned from his executive role following eight years of service. The departure of Liljevall who has served as COO since 2008, sees Evolution Gaming lose one of its longest-serving executives.   Liljevall had been a key stakeholder in the company’s international growth …

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