Oceania

Australian authorities crack down on suspicious betting in esports investigation

A number of warrants for arrest have been executed across Australia this morning following an investigation into suspicious betting activity on an esports league. The investigation, carried out as part of a joint operation between the Sporting Integrity Intelligence Unit and the Organised Crime Intelligence Unit, was initiated after information was received by local police regarding  activity linked to a …

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Betfair Australia to launch exchange on Hong Kong racing

Flutter Entertainment’s Betfair Australia has confirmed that it will be launching a new betting exchange on horse races in Hong Kong, despite not being sanctioned by the Jockey Club.  Set to begin on 1 September, which coincides with the start of the Hong Kong 2019-20 racing season, Betfair Australia is due to offer exchange punters the opportunity to wager bets …

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NZ Racing boosts broadcast coverage with Sportsbet partnership

New Zealand’s ‘Racing Industry Transition Agency (RITA)’, the body charged with overseeing the restructuring of NZ racing, has secured a new deal which sees Flutter Entertainment’s Australian market subsidiary Sportsbet launch live streaming of races driving new audience engagements. The partnerships will see Sportsbet host live streams of NZ thoroughbred and harness racing fixtures, with further coverage of greyhound racing events, …

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Tabcorp shuts down Lottery split rumours

David Attenborough, the Chief Executive of Australia ASX-listed gambling group Tabcorp Holdings has stated that the company holds no intentions in splitting its lucrative lotteries and keno division into a separate entity, dismissing speculation as ‘complete nonsense’. Yesterday, Tabcorp investors were served mixed results as the company published 2018/2019 accounts (12-month period ending 30 June), reporting on the firm’s first …

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Flutter sees 24% drop in profits bitten by global regulatory demands

Flutter Entertainment Plc, the rebranded entity of Paddy Power Betfair, has seen its interim H1 2019 profits before tax drop by 24%, as FTSE100 betting group cites changes in regulations and taxation as the lead factor in its year-on-year performance decline. Operating its enlarged portfolio of Paddy Power, Betfair, FanDuel (US), Sportsbet (AUS) and the recently acquired Adjarabet (CIS), Flutter saw …

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Tabcorp defends ‘POC position’ against Racing Queensland

Australia ASX-listed gambling group Tabcorp Holdings faces a legal dispute with Racing Queensland related to Australian betting’s new point-of-consumption (POC) tax charge. Unable to reach an agreement on POC ‘additional payments’, the governance of Racing Queensland has moved to file a Supreme Court challenge against Tabcorp subsidiary UBET Queensland. Implementing its state budget mandate, in October 2018 the Queensland government …

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Tabcorp appoints Adam Newman as group financial lead

Australia ASX-listed gambling group Tabcorp Holdings continues it’s executive leadership restructure confirming the appointment of Adam Newman as inbound Chief Financial Officer (CFO). Newman is set to join Tabcorp leadership this October, departing from ASX-listed home energy network AusNet Services, where he has formerly led all financial and treasury disciplines as Group CFO (2013-2019). The appointment sees Newman replace long-term …

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NSW invests in new responsible gambling initiatives

The New South Wales (NSW) Office of Responsible Gambling has taken a number of steps into developing new responsible gambling initiatives, after investing AU$1.3m (£715,712) into player protection measures. The initiatives will include a new website, developed by the University of Sydney Gambling Treatment and Research Clinic, which will give punters the chance to self-exclude from gambling venues across the state.  …

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Better Collective ups media profile by hiring Shane Anderson as Group Content lead

Stockholm-listed industry affiliate marketing publisher Better Collective AB has appointed racing figurehead Shane Anderson as ‘Senior Director of Group Content & Brand’. Anderson, the founding Editor-in-Chief of Australian racing portal Racing.com (2014-2019), will be tasked with overseeing Better Collective’s content and editorial strategy across multiple formats and new markets. Holding an extensive broadcasting background, Anderson has worked as TV host …

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NSW launches ‘lived experience project’ to support responsible gambling strategy

New South Wales’ The Gambling Impact Society (GIS) has launched a new ‘lived experience project,’ which aims to help support communities by providing responsible gambling initiatives to raise awareness of associated harms. Funded by the New South Wales Office of Responsible Gambling, the new initiative will bring first-hand stories from individuals who have experienced such issues, and aims to encourage people across …

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