Oceania

Oceanic news – Australia and nearby countries

NSW government lifts betting restrictions to aid consumer rights

The New South Wales Government (NSW) and Racing NSW are set to introduce regulatory changes to ensure that racing operators cannot refuse reasonable sized bets placed by punters. The changes will force operators to pay a minimum AUS $2000 win bet at Sydney Metropolitan race tracks and AUS $1000 win bet at NSW Provincial tracks. NSW Racing had responded to …

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Tabcorp takes Victoria Gov to high court over AUS $686 million claim

Australian betting operator Tabcorp will take its $686 million compensation claim against the Victorian government to the Australian High Court Tabcorp lost a Victorian Supreme Court appeal over the compensation it says it is owed after the expiry of poker machine licences. The Victorian Supreme Court in June ordered the government to pay Tatts $540 million in compensation, while Tabcorp’s push …

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On a Tripp! James Packer’s Crown Resort secures control of BetEasy

Australian billionaire James Packer has secured control of new betting operator BetEasy through his Crown Resorts leisure enterprise. Crown Resorts released a statement this morning confirming the tie-up between the two parties, which will see Crown Resorts own two thirds of the BetEasy enterprise. Crown Resorts controlling investment in BetEasy is set to give the leisure operator quick access into …

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TattsBet reveals ‘TAB of the future’ retail concepts

TattsBet, has revealed its concept for the ‘TAB of the future’ – a world-leading retail wagering experience – as it continues the evolution of its wagering operations. The release of the new retail concept follows the announcement last month that the business would be rebranded as UBET from early next year. Betting customers will benefit from a fully immersive and …

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Tatts Group eyes WA TAB acquisition

Tatts Group has stated its ‘strong interest’ in acquiring Western Australia licensed betting operator TAB (WA TAB), if it were to be put on the market by the state government. Tatts Group currently owns TAB operations for Queensland, South Australia, Northern Territory and Tasmania. The operator is keen to acquire the Western Australian operator, to complete its full acquisition of …

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Betfair focuses on B2B partnerships for smaller market entry

Breon Corcoran, Chief Executive of Betfair, has outlined that the operator will look to enter smaller international markets through strategic B2B partnerships. Betfair senior management will integrate the strategy following its August 2014 B2B model switch for the Australian sports betting market. Betfair had sold its Australasia betting exchange to casino and leisure operator Crown Resorts Limited. Speaking to EGR …

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BetEasy scores official AFL betting partnership

Australian online sports betting upstarts BetEasy, have won the rights to become official betting partner of the Australian Football League (AFL). Marketing news sources report that BetEasy, paid AU $10 million for the betting rights, the term of contract will begin from the 2015/2016 AFL season, and will last a period of five years. BetEasy replaces Tabcorp’s TAB brand as …

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Job of the Week: Sports Trading Integrity Analyst

LOCATION: Sydney, AU JOB TYPE: Permanent The Sporting Integrity Trading Analyst will be part of Sportradar’s expanding Security Services team. Since 2004, Sportradar has provided its Fraud Detection System (FDS) to sports federations across the world in order to monitor the global betting market for signs of corruption and match-fixing. The FDS now monitors in excess of 65,000 matches each …

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Betfred ends Australian operations

UK bookmaker Betfred has announced that it has shut down its Australian facing operations, just six months after its launch. Betfred Australia began operations in May 2014 after securing a licence under the Northern Territory Gaming Commission. The company had appointed former Centerbet Marketing Director Luke Brill as Managing Director of Betfred Australia. Betfred had entered the Australian market with …

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New Zealand Racing Board appoints John Allen as Chief Executive

Former New Zealand Ministry of Foreign Affairs & Trade (MFAT) John Allen has been appointed Chief Executive of  the New Zealand Racing Board. Allen will join the Racing Board as its chief executive in March, after end his five-and-a-half years heading the government department in Januaray, MFAT said in a statement. He will take over from Stewart McRobie, who has acted …

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