Oceania

Scientific Games Corporation (SGC) is reportedly reviewing strategic options to list its business on the Australian Securities Exchange (ASX).  The Australian Financial Review (AFR) has reported that SGC has recruited Sydney-based investment bank Jarden Australia to draft the company’s pathway towards listing on the ASX. An ASX-listing is detailed as one option to address SGC’s long-term debt reduction, which currently …

Entain Plc has this morning confirmed that it has revised its bid to acquire the TAB unit of Tabcorp Holdings, offering the ASX gambling group AUS $3.5 billion (€2.2bn) for its wagering and media division.  The revised bid is increased from Entain’s opening offer of AUS $3 billion, proposed on 2 February – with the FTSE100 firm seeking to become …

Tabcorp Holdings has postponed its search for a new Chief Executive to replace David Attenborough, as its board undertakes a strategic review related to the firm’s future options.  Updating stakeholders, Tabcorp’s board confirmed that the company had reviewed a number of ‘unsolicited approaches’ to acquire the ASX firm’s TAB wagering unit. Tabcorp’s board has deemed the proposed valuation of TAB …

The Australian Communications and Media Agency (ACMA) has moved to block a further 10 illegal offshore betting websites in the country. Following a number of complaints, the ACMA chose to investigate the websites, and found them to be operating in violation of the Interactive Gambling Act 2001, specifically finding them to be offering betting services in contradiction of established Australian …

FIFA has enhanced its global football safeguarding policy via the launch of the Global Integrity Programme, in cooperation with the United Nations Office on Drugs and Crime (UNODC). The programme places a strong emphasis on education, aiming to enhance integrity within all 211 member organisations via resource and knowledge sharing among various Integrity Officers, with the aim of preventing match …

ASX-listed sports betting operator PointsBet has announced that it has entered into a binding agreement (SPA) to acquire Banach Technology through its Irish subsidiary Lockspell. Dublin-based Banach is a specialist developer of sports betting risk management solutions, trading software and customised wagering functionalities – cashout, acca builders, build-a-bet components. The acquisition sees PointsBet bolster its technical and trading capacities, seeking …

DraftKings has launched its Australian Rules Football daily fantasy sports product for the Australian market, seeking to engage with wider audiences ahead of the upcoming Australian Football League (AFL) season on 18 March.  Kicking-off the AFL’s new season, DraftKings will host an exclusive opening night DFS competition featuring a top prize of AUS $85,000 (€55,000), the biggest player prize in …

Sportradar has secured the official data and audio-visual rights to Australia’s NBL1 basketball league through a new long-term tie-up. Under the terms of the arrangement, Sportradar will supply data and audio-visual content from 1,500 Australian basketball games per year to its downstream partners and other basketball properties in its portfolio, including the National Basketball League (NBL). The sports data intelligence …