Oceania

Oceanic news – Australia and nearby countries

Black market betting websites in Australia targeted by ACMA

SBC News Black market betting websites in Australia targeted by ACMA

The Australian Communications and Media Authority (ACMA) intends to request that Internet Service Providers (ISP) in the country remove 18 offshore black market betting websites. An official statement by the ACMA revealed that 222 illegal gambling operators have been removed from the web in Australia since its first blocking request was made in November 2012. The websites removed were Syndicate …

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GSlot Casino joins Alpha Affiliates program

GSlot

The project manager for GSlot told SBC News that the online casino plans to “create more than five new brands” having joined the affiliate program from Alpha Affiliates. “Among our plans with one of the most famous partner programs in the gambling industry is to create more than five new brands that will cover all countries and markets,” he said. …

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Tabcorp points to recovery by delivering positive interim results 

tabcorp

Tabcorp Holdings has reported improved group trading, as the company’s lottery and wagering units hold-up against continued COVID-19 challenges. Publishing its 2020/2021 interim results (period ending 31 December), Tabcorp records a 1.5% decline in group revenues to AUS $2.87 billion. Tabcorp underscored its slight revenue decrease as a ‘positive outcome’ given the maintained growth of its ‘lottery and keno’ division …

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Entain first to bat with AUS $3bn cash-offer for TAB

Tabcorp revenue bitten by ‘softer trading’ in 1Q24

Entain Plc has emerged as the first suitor to disclose its interest in acquiring Tabcorp Holdings’ TAB racing and sports betting unit, tabling an AUS $3 billion (£1.9 bn) all-cash offer to take control of the underperforming business. The FTSE100 firm’s cash offer represents, it said, the ‘market valuation’ placed by ASX analysts on Tabcorp’s wagering unit.   The Australian Financial …

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Australia’s Senet launches new CSR accreditation

Australia’s Senet launches new CSR accreditation

Senet – an Australian gambling law, regulatory, and compliance advisory – has released a new compliance accreditation to protect individuals from the risks associated with problem gambling and money laundering. Known as Senet Assure and Senet Assure Premium, the accreditation has been designed to safeguard gaming organisations and venues, their customers, and their communities. Paul Newson, a regulatory and gambling …

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TAB chasing pack must clear regulatory hurdles

tabcorp

Suitors pursuing a break-up of Tabcorp Holdings’ wagering and media assets will have to clear a number of regulatory hurdles in order to complete a deal. As further parties declare their interests in bidding to acquire TAB, the Australian Competition and Consumer Commission (ACCC) has stated that it is ‘monitoring developments closely’ in a situation that will likely change the …

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Cellxpert a ‘natural fit’ for The Lottery Office affiliate programme

Cellxpert a ‘natural fit’ for The Lottery Office affiliate programme

Operating under The Lottery Office brand, Global Players Network will enhance its affiliate experience through the launch of a new affiliate programme running off the Cellxpert platform. Through the new programme, The Lottery Office affiliates will be able to utilise ‘a range of business models’ that suit their individual needs and marketing strategies. “We are pleased to be working with …

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Hot pursuit is on for Tabcorp shake-up

SBC News Hot pursuit is on for Tabcorp shake-up

The board of Tabcorp Holdings is reportedly reviewing a number of individual offers and options from companies looking to acquire its TAB wagering and media units. Grabbing yesterday’s business headlines, FTSE100 Entain Plc revealed its interest to acquire TAB units and merge the heritage betting brand with its active Australian market portfolio.  Despite its public announcement, Entain chose not to …

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Entain pursues Tabcorp’s floundering wagering units

tabcorp

Entain Plc has this morning issued a short statement confirming Australian media speculation that it has made a formal approach to acquire Tabcorp Holdings‘ ‘wagering and media’ assets.  The FTSE100 betting group said that ‘discussions were at an early stage’ and chose not to disclose any information with regards to its valuation of Tabcorp’s sports betting assets.  Entain stated that …

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SIS takes greyhound content down under with Sportsbet deal

SIS takes greyhound content down under with Sportsbet deal

Sportsbet will strengthen its coverage of UK and Irish greyhound content after signing a new agreement with Sports Information Services (SIS).  The operator’s new greyhound offering will consist of up to 53 meetings per week from British tracks including Central Park, Crayford, Doncaster, Harlow, Henlow, Hove, Monmore, Romford, and Towcester as well as Irish action from Cork, Kilkenny, Limerick, Mullingar, …

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