Oceania

GVC exits partypoker from the Australian market

Updating the market, FTSE-listed GVC Holdings has informed that it has withdrawn all poker operations for the Australian market. The operator will no longer service its partypoker brand, following this month’s introduction by the Australian Senate of provisions amending the ‘2001 Interactive Gambling Bill’ banning online poker and in-play sports betting services offered by online gambling operators. partypoker, GVC’s lead …

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Tabcorp Venues gain Premier League content with Optus broadcast partnership

Australian telecoms and media firm Optus has formed an agreement with Tabcorp Holdings to broadcast English Premier League matches across the operator’s land-based retail network. The agreement sees Optus open up its exclusive Premier League content, making it available to the general public across 4,500 syndicated Tabcorp venues. Moving forward, Optus Sports Premier League content will be installed at Tabcorp …

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Australian Senate moves to shut down poker & in-play betting services

The Australian Senate has moved to revamp and amend the nation’s ‘Interactive Gambling Bill’, adding a number of new provisions and restrictions for internet gambling service providers. This Wednesday, the Senate approved the passing of its ‘2016 Amendment Bill’ seeking to overhaul a number of provisions within Australia’s existing ‘2001 Interactive Gambling Bill’. The new provisions have been designed to …

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‘Disappointing’ Sun Bets one of many impacts on Tabcorp balance sheet

Major Australian operator Tabcorp believes it has learned some lessons in its involvement with new UK operator Sun Bets, although these appear to have come at a rather expensive cost. The performance of the brand was one of three major deficits to Tabcorp’s balance sheet, which has seen the company report a loss for the financial year of AU$20.8m (£12.6m) …

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Ladbrokes Coral appoints Jason Scott as Ladbrokes Australia CEO

Ladbrokes Coral Plc has confirmed that Jason Scott will serve as its CEO of Ladbrokes Australia, following a ‘successful time in charge’ as the division’s interim leader. Last February, Scott was appointed interim CEO of Ladbrokes Australia, following the departure of Dean Shannon. Prior to the interim appointment, Scott had served as the division’s Trading Director. A key stakeholder in …

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CrownBet backs ACCC filing against ACT’s review of Tabcorp-Tatts

James Packer’s CrownBet has again reiterated its stance against the AUS $11 billion merger of Tabcorp Holdings and Tatts Group Plc, by filing a judiciary appeal against the deal’s progress. CrownBet joins the Australian Competition & Consumer Commission (ACCC) in demanding a new competition review of Tabcorp-Tatts, stating that review body Australian Competition Tribunal (ACT) had acted in an ‘inconsistent’ …

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Las Vegas relocation sees Toni Korsanos step down as CFO of Aristocrat Leisure

Australia ASX-listed gambling technology firm Aristocrat Leisure is seeking a new Chief Financial Officer (CFO), following the decision of current incumbent Toni Korsanos not to relocate to Las Vegas. Following a corporate restructure, Aristocrat has plans to relocate its executive management team to Las Vegas, moving the company closer to its main market. However, Korsanos who has acted as CFO …

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On Tour! Unibet secures Supercars Australia betting partnership

European sports betting operator Unibet (Kindred Group Plc) has furthered its Australian market presence by confirming that it has entered a two-year betting partnership with Supercars Australia (formerly The V8 Australia Supercars Championship). The agreement sees Unibet become the ‘Official Betting Partner’ of the ‘Virgin Supercars Australia Championship’, the premier motor racing series for Australian tour cars. The Unibet brand, …

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Betfair joins forces with Old Lady

Betfair has signed up to become the Official Gaming and Betting Digital Partner of Italian champions Juventus for the coming season starting from 2017/18. As part of the partnership, Betfair will be able to use Juventus’ name and image rights in their promotional material in Italy and around the world in Europe, America and Oceania. Supporters of ‘The Old Lady’ …

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Tabcorp governance reviews Luxbet asset

The Australian Business Review has reported that Tabcorp Holdings governance may fold its online sports betting brand Luxbet (Luxbet.com). The Tabcorp asset is currently under review, with Group CEO David Attenborough revealing that the sports betting brand was set to report record losses for its 2017 performance. Following this month’s Australian Competition Tribunal (ACT) approval of the merger of Tabcorp …

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