Oceania

Liquor & Gaming NSW sanctions Betchoice for gambling inducements

Betting operator Betchoice, trading as Unibet, has been ordered to pay a penalty of $25,000 for offering illegal gambling inducements to residents in New South Wales. The sanction was issued by Sydney’s Downing Centre Local Court on 15 December after the operator was found to display an advert on the Unibet website in February 2019 offering “Earn $50 CASH For …

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Tabcorp appoints ‘finance pro’ Anne Brennan as governance advisor

Issuing a market filing, the governance of Australia ASX-listed gambling group Tabcorp Holdings has confirmed the inbound appointment of Anne Brennan as a corporate non-executive director. Updating investors, Tabcorp governance awaits the necessary regulatory and ministerial approval to confirm Brennan’s appointment, with the executive expected to serve as Tabcorp governance advisor from February of next year. An expert in corporate …

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Racing Industry Bill “a significant milestone” for industry reform, says NZ’s RITA

New Zealand’s Racing Industry Transition Agency (RITA) has confirmed that the Racing Industry Bill, a major package of reforms to replace the Racing Act 2003, has had its first reading in Parliament. The introduction of the bill has been welcomed by Dean McKenzie, who has been named as the interim Executive Chair for RITA. He explained that the introduction of …

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NZ’s RITA names Dean McKenzie as interim Executive Chair

New Zealand’s Racing Industry Transition Agency (RITA) has confirmed that Dean McKenzie will take up the position of interim Executive Chair in a bid to support the passage of the country’s Racing Industry Bill. McKenzie will take up the role from January until June 2020 to oversee RITA’s transformation into TAB NZ, taking over from current Chief Executive John Allen …

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Australia introduces National Self-Exclusion Register

The Australian Senate and House of Representatives have passed new legislation which would establish a National Self-Exclusion Register for those at risk of problem gambling behaviours. Alongside the new legislation, the government has also introduced a bill which would bring in a levyt for operators which would go towards covering the costs of the new register, which is due to …

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Stars Group sanctions full buyout of BetEasy Australia

The Stars Group governance has enforced its majority rights to acquire the remaining 20% shareholding in Australian market subsidiary BetEasy. Issuing a corporate filing, Stars Group confirms that it has agreed with minority investors to purchase BetEasy’s remaining shareholding for AUS $151 million (€93m) – with governance further agreeing to settle AUS $100 million (€60m) in previous performance incentives related …

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Australia to introduce self-exclusion legislation

In a bid to support the implementation of its National Consumer Protection Framework, the Australian government has confirmed that it will be introducing legislation to create a national self-exclusion register for citizens. Under the legislation, operators would be prevented from advertising and promoting betting offers and services to those registered for self-exclusion, with the register due to be implemented by …

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NSW supports additional gambling research with academic grants

The New South Wales (NSW) Office of Responsible Gambling has upped its commitment to gambling research after releasing the details for new academic research grants which will ‘help build capability and capacity in gambling research.’ The funding, which will come from the Australian state’s Responsible Gambling Fund, will help support PhD scholarships, post-doctoral fellowships and study grants. It is hoped …

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OpenSports hits 35,000 bets per minute high for Melbourne Cup

Melbourne

OpenSports hit a peak of 35,000 bets per minute for a single operator during last week’s Melbourne Cup – Australia’s most famous annual thoroughbred horse race. At peak betting times, the maximum number of bets per minute was 35 per cent higher than the previous record across 21 years of taking bets on the race. OpenSports, said parent company SG …

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Tabcorp eyes unifying Australian Tote systems in 2020

Continuing its corporate transformation programme, the governance of Tabcorp Holdings has confirmed that it plans to launch a ‘single tote pool’ product for Australia. Tabcorp confirmed to The Sydney Morning Herald (SMH) its 2020 ambitions to merge all three separate tote systems into a single totalizer pool, sharing punter liquidity across all Australian states. Marked as a major project for …

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