Oceania

Optus feels wrath of Australia following shambolic Russia 2018 weekend broadcast

Socceroo fans have lambasted Australian media and telecoms firm Optus, for its shambolic handling of World Cup Russia 2018’s opening weekend. The SingTel subsidiary which has secured the rights to broadcast/stream all Russia 2018 matches has come under fire, as its digital platform Optus Yes could not handle the weekend demand for World Cup matches. Optus broadcast issues begun as …

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Regulatory adjustments sees XLMedia issue revenue & profit warning

London AIM-listed industry affiliate marketing network XLMedia has this morning issued a revenue and profits warning, adjusting its 2018 corporate expectations. Updating investors, XLMedia governance details that the company has had to adjust to a number of regulatory impacts within Australia and Europe. ‘Underlying trading in the year to date has been stable with the Group actively deciding to focus …

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Australian Capital Territory pushes forward with 15% POC tax charge

The Australian Capital Territory (ACT) has confirmed that it will move to implement a 15% point-of-consumption (POC) tax charge on all remote gambling services. The ACT government which overseas legislation for Canberra, has confirmed that it will move to implement its POC tax charge by the beginning of 2019. The new policy will charge betting operators a 15% tax on …

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Victoria to introduce lowest consumption tax in Australia

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The Victorian Government is to introduce an eight per cent online point of consumption tax, which it has been stated will raise an estimated $30m per year, report Australian media outlets. Coming into force at the start of 2019, and taking a proportion of bookmakers monthly earnings, Treasurer Tim Pallas, announcing its introduction, said the tax has been designed to …

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More Please! Sportsbet Australia recommissions SportCaller FTP games

Paddy Power Betfair (PPB) Australian subsidiary Sportsbet (Sportsbet.com.au) has launched a host of tailored ‘free-to-play (FTP)’ sports games developed by SportCaller studios, designed to broaden the bookmaker’s audiences and improve retention. Sportsbet expands its existing partnership with SportCaller games development, which saw the bookmaker launch its NBA mobile game as its first FTP game property. PPB’s Australian sportsbook has recommissioned …

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Twitter signs Australian World Cup broadcasting deal

Twitter has signed a groundbreaking deal with Australian broadcaster SBS to broadcast a live show at this Summer’s World Cup. The show which will be called #WorldGameLIVE, will be broadcast on a daily basis throughout the duration of the much anticipated tournament.    Suzy Nicoletti, Twitter Australia Managing Director, commented: “Aussie football fans don’t need to look any further than …

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Peter Jackson – Paddy Power Betfair eyes growth in disruption  

Taking on Paddy Power Betfair’s Q1 investor conference call, Group Chief Executive Peter Jackson has stated that the FTSE100 betting group has made substantial progress on its key initiatives, despite closing a disappointing trading period. With PPB development teams delivering the firm’s combined technology platform this January, Jackson details significant progress on his initial leadership goal of ‘returning Paddy Power …

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Adverse conditions see Paddy Power Betfair report tough opening to 2018

Publishing its Q1 trading update (period ending 31 March), FTSE100 betting group Paddy Power Betfair (PPB) has reported a tough opening for 2018, as the firm’s corporate performance was impacted by several factors. Updating the market, PPB reports a 2% decline in group revenues to £408 million (Q1 2017: £416 million). The betting group detailed that its punters had been …

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Lottoland urges Australian government to revise proposed ban

Copyright: Phillip Minnis / 123RF Stock Photo

Lottoland is calling on the Australian federal government to review its proposed ban within the country, after raising concerns over the financial security of the Australian Lottery and Newsagents Association (ALNA). The new legislation wouldn’t permit Australians to bet on the outcome of international lotteries, with ALNA heavily lobbying for a ban which it has previous labelled as a “positive …

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NRL set to go back to the negotiating table over integrity fee

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National Rugby League (NRL) chiefs are to go back to the negotiating table with Australian bookmakers, with temporary agreements set to be rolled over once again for the ongoing season, reports Fairfax Media. It’s being said Chief Executive Todd Greenberg is to be drafted in to urgent talks, two months after the start of the season, for more discussion on …

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