Oceania

Tabcorp appoints Patrick Mcglinchey as group legal lead

Australia ASX-listed gambling group Tabcorp Holdings has confirmed the appointment of Patrick Mcglinchey as new Group General Counsel. Mcglinchey is expected to join the legacy Australian gambling group on 4 March 2019, and will act as a chief legal aid for a much-changed Tabcorp senior executive team, following the merger completion and integration of Tatts Group assets and operating divisions. …

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Early Morning racing content switch up for SIS

SIS - Copyright: chrisvanlennephoto / 123RF Stock Photo

Horse racing from Melbourne Racing Club and South Australia is now included in the Early Morning Product from Sports Information Services (SIS), while UK and Irish greyhound racing is being phased into the service for the first time. This new Early Morning content replaces the firm’s existing early morning Australian racing, which ceased to be part of the SIS service …

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New chapter for Australian online gambling, as states commit to ‘National Framework’ mandate

Australia’s six state governments have committed to the mandate of the nation’s first ‘National Consumer Protection Framework’ ensuring greater public safeguards and standards on interactive wagering and gambling services. Referred to as the ‘National Framework’, the governments of New South Wales, Queensland, South Australia, Tasmania, Victoria and Western Australia will collaborate on developing consistent nationwide policies, regulating the online gambling sector. Despite …

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GVC boosts Aussie muscle acquiring Neds International for £37 million

FTSE100 gambling group GVC Holdings has expanded its profile within the Australian online betting scene after acquiring Neds International (Neds – neds.com.au) for an initial sum of AUS $68 million (£37 million).  A relatively new entrant within the Australian online betting scene, having launched in 2017, Neds has established itself as a dynamic incumbent achieving reported wagers of AUS $1 billion …

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Problem gambler gets $150,000 refund for unlawful Betfair activity

Betfair

Betfair failed to ‘reasonably recognise’ the red flags after one of its own customers – identified as Mr M, convinced the company to refund $150,000 which he quickly gambled away from his account. As reported by ABC News, the betting exchange should have identified “red flag behaviours” that showed the customer had a gambling problem before it agreed to reverse …

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BetEasy swoops in as competitors crash on Melbourne Cup day

Melbourne Cup

BetEasy was the biggest benefactor in Australia as sports betting sites Sportsbet, Ladbrokes and Betfair all crashed on Melbourne Cup day – the biggest day on the nation’s betting calendar. As reported by The AGE, punters on Sportsbet, Ladbrokes and online betting exchange Betfair were temporarily unable to place bets on their smartphone apps or computers, while Tabcorp also reported …

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Winning Post: Crouch bows out with “alternative facts”

Crouch

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. UK: Politics – Crouch bows out with “alternative facts” Last week’s resignation of Tracey Crouch as UK minister for sport (and gambling) marked a new low in the recent history of Britain’s …

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GLMS and Victoria Police unite to “wipe out organised crime”

Copyright: somartin / 123RF Stock Photo

The Global Lottery Monitoring System (GLMS) and Victoria Police have decided to join forces and share information regarding irregular betting patterns in order to detect and prevent sports betting manipulations in Australian sport. It is hoped the move will “wipe out organised crime involvement” in the industry.   GLMS will be providing Victoria Police with information on irregular betting patterns …

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Tabcorp shareholders dispute executive merger rewards

The governance of Australia ASX-listed Tabcorp Holdings has been served a bloody nose, as a significant number of its investors have rejected the firm’s executive remuneration report. This Wednesday, 40% of Tabcorp investors voted against 2017/18 executive packages. Australian business news sources report that investors had been incensed by the company attaching executive performance rewards (bonuses) to Tabcorp’s AUS $11 …

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Aristocrat confirms departure of Dr Ian Blackburne as corporate chairman

The governance of Australia ASX-listed Aristocrat Leisure has this morning disclosed that Dr Ian Blackburne will step down as corporate Chairman, at the firm’s upcoming ‘Annual General Meeting’ scheduled for 21 February 2019. Filing an ASX update, Aristocrat governance details that it will move to appoint Non-Executive Director Neil Chatfield as new company Chairman succeeding Dr Blackburne in 2019. The …

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