Oceania

NZ’s RITA names Dean McKenzie as interim Executive Chair

New Zealand’s Racing Industry Transition Agency (RITA) has confirmed that Dean McKenzie will take up the position of interim Executive Chair in a bid to support the passage of the country’s Racing Industry Bill. McKenzie will take up the role from January until June 2020 to oversee RITA’s transformation into TAB NZ, taking over from current Chief Executive John Allen …

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Australia introduces National Self-Exclusion Register

The Australian Senate and House of Representatives have passed new legislation which would establish a National Self-Exclusion Register for those at risk of problem gambling behaviours. Alongside the new legislation, the government has also introduced a bill which would bring in a levyt for operators which would go towards covering the costs of the new register, which is due to …

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Stars Group sanctions full buyout of BetEasy Australia

The Stars Group governance has enforced its majority rights to acquire the remaining 20% shareholding in Australian market subsidiary BetEasy. Issuing a corporate filing, Stars Group confirms that it has agreed with minority investors to purchase BetEasy’s remaining shareholding for AUS $151 million (€93m) – with governance further agreeing to settle AUS $100 million (€60m) in previous performance incentives related …

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Australia to introduce self-exclusion legislation

In a bid to support the implementation of its National Consumer Protection Framework, the Australian government has confirmed that it will be introducing legislation to create a national self-exclusion register for citizens. Under the legislation, operators would be prevented from advertising and promoting betting offers and services to those registered for self-exclusion, with the register due to be implemented by …

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NSW supports additional gambling research with academic grants

The New South Wales (NSW) Office of Responsible Gambling has upped its commitment to gambling research after releasing the details for new academic research grants which will ‘help build capability and capacity in gambling research.’ The funding, which will come from the Australian state’s Responsible Gambling Fund, will help support PhD scholarships, post-doctoral fellowships and study grants. It is hoped …

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OpenSports hits 35,000 bets per minute high for Melbourne Cup

Melbourne

OpenSports hit a peak of 35,000 bets per minute for a single operator during last week’s Melbourne Cup – Australia’s most famous annual thoroughbred horse race. At peak betting times, the maximum number of bets per minute was 35 per cent higher than the previous record across 21 years of taking bets on the race. OpenSports, said parent company SG …

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Tabcorp eyes unifying Australian Tote systems in 2020

Continuing its corporate transformation programme, the governance of Tabcorp Holdings has confirmed that it plans to launch a ‘single tote pool’ product for Australia. Tabcorp confirmed to The Sydney Morning Herald (SMH) its 2020 ambitions to merge all three separate tote systems into a single totalizer pool, sharing punter liquidity across all Australian states. Marked as a major project for …

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Tabcorp seeks new CIO as Mandy Ross departs for academic fields

Australia ASX gambling group Tabcorp Holdings has confirmed the departure of c-level executive Mandy Ross, who has chosen to pursue a new career in academia. Ross has served as Tabcorp’s Group Chief Information Officer (CIO) since 2017 and is set to leave the company in April of next year. In its update, Tabcorp informs that Ross has chosen to join Griffith …

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Tabcorp governance survives investor AGM backlash

Tabcorp Holdings governance has survived a bruising annual general meeting (AGM), in which the firm’s corporate governance and executive leadership were questioned by frustrated investors of the ASX-listed gambling group. AGM voting saw 35% of Tabcorp shareholders oppose the re-election of Paula Dwyer as corporate chairman, extending her tenure for a further two-years. Further investor upheaval saw 37% of Tabcorp …

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Tabcorp boosts TAB broadcast capacity with NBA TV deal

Australian ASX gambling group Tabcorp Holdings has announced a major coup for its TAB sportsbook subsidiary, which has become the official Australia broadcast and betting operator for the NBA. Securing a multi-year agreement, TAB is set to broadcast ‘NBA TV’ across its digital platforms and 4,400 retail venues. Confirming the partnership Scott Levy, Executive VP of NBA Asia, said: “Tabcorp’s extensive …

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