Oceania

Tabcorp extends South Australia retail exclusivity

Australian gaming operator Tabcorp has seen a retail exclusivity within one of its home states receive an tentative extension agreement, pending approval by the Independent Gambling Authority. Operating through its wholly owned subsidiary ‘UBET SA Pty Ltd,’ the retail wagering license with South Australia is now set to be exclusive until the end of 2032, after its new arrangements are …

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Australian pay TV firm seeks gambling ad dispensation

Copyright: somartin / 123RF Stock Photo

Australian pay TV firm Foxtel is pushing for exemptions to its governments gambling advertisement reforms, details the Australian Broadcasting Corporation (ABC). The upcoming gambling ban, set to take effect from next month, was pushed through by the government as it promises to ban sports betting ads during the viewing hours of children. Stating that it seeks to “provide a clear …

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Toby Oddy – Digital Fuel – Taking innovation by the horns to deliver a profitable service

Digital Fuel - Copyright: tanaonte / 123RF Stock Photo

Marketing agency Digital Fuel will mark this year’s London Affiliate Conference (LAC) by launching a new GDPR compliant acquisition platform for the online gambling sector. Ahead of the conference, the company’s founder and CEO Toby Oddy spoke to SBC News about the importance of attending high profile trade shows, how the increased regulatory responsibilities have shaped the market, and what …

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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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Rising Stars and Hill slides – divergent tracks after merger talks

The degree to which the fortunes of the Stars Group and William Hill have diverged since their failed merger talks 18 months ago provides an interesting counterpoint to the current obsession with sector M&A. A recent note on Stars published by the Canadian analyst team at Canaccord Genuity noted that the company’s share price rose 54 percent in 2017, placing …

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February Pains… European giants prepare for Australia rethink

February 2018 will be a landmark month for all industry stakeholders. The sector’s current agenda and context is dominated by the pending UK government’s judgement on industry FOBTs wagering and advertising standards. Nevertheless, it would be wise for all betting stakeholders to broaden their anxieties, as Australia moves to implement its ‘credit betting ban’ this 17 February, serving industry leadership …

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North America to receive relaunched New Zealand racing product

Copyright: somartin / 123RF Stock Photo

Sky Racing World has announced the re-launch of its New Zealand racing product, with the service to begin distributing horse-racing content from New Zealand Racing Board-operated tracks, to North American advance depositing wagering (ADW) sites. The Louisville, Kentucky, based distributor of international horse-racing content, is to distribute Kiwi content to US and Canadian ADW’s following a six month hiatus. Sky …

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Sky Bet lifts the lid on account restrictions at Parliamentary debate

Sky Bet CEO Richard Flint revealed that the bookmaker restricts 3% of its customer base in the bets that can be placed, but the bookmaker does not close the accounts of winning punters. Speaking at the All Party Parliamentary Betting & Gaming Group Seminar in the House of Lords yesterday, Flint admitted that it restricted 2% of its customers to …

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What does Kyle Edmund success mean for UK tennis betting market?

Copyright: munktcu / 123RF Stock Photo

Does the United Kingdom have a new tennis star in its midst? With 23-year-old Kyle Edmund, a 300/1 shot before the Australian Open, now a shock semi-finalist and narrowed to 16/1. The Johannesburg, South Africa, born star now stands just one win from reaching the final of the years first major (also known as a grand slam), after a stunning …

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Former syndicate chairman charged over fraud claims

Bill Vlahos, the man who spearheaded the BC3 Thoroughbreds as well as the failed betting syndicate The Edge, has appeared in court over claims he was part of a betting scam. Taking place in Melbourne, the case relates to 350 alleged counts of financial deception against Vlahos after his betting syndicate fell through, dating from 2005 to 2013, when Vlahos …

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