Oceania

Doubling up down under

A year after acquiring tomwaterhouse.com, William Hill Australia said it has nearly doubled operating profit. The group’s interim results for the first six months of the year record gains in wagering, unique actives, and new accounts. Cost per acquisition was down 36 per cent during the same period. William Hill Australia now accounts for seven per cent of total revenue, …

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Scientific Games agrees $5.1bn Bally deal

Scientific Games Corporation is to by Bally Technologies in a deal worth US$5.1bn. “The acquisition of Bally provides us with a unique opportunity to combine two exceptional companies with long track records of creating leading-edge games and gaming technology products for players and delivering innovative solutions to our customers,” said Gavin Isaacs, Scientific Games’ President and Chief Executive Officer. “With …

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Tabcorp agrees deal for £58.4m ACTTAB

Australian wagering operator Tabcorp has reached an agreement with the Australian Capital Territory Government to acquire ACTTAB for AUS$105.5 million (£58.4m). ACTTAB is a territory-owned provider of totalisator and fixed odds wagering, Keno and Trackside products. The business offers its services and products through a distribution network comprised of 53 retail outlets located throughout Canberra, as well as telephone and …

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Numis Corp Suggests William Hill & Paddy Power Merger

Financial Stock brokers and corporate advisors Numis Corp have suggested that William Hill and Paddy Power explore a potential merger. A Numis Corp statement on Tuesdays London fianancial trading, indicated that the conditions in the sports betting and gambling market, could see the potential merger of Paddy Power and William Hill. “This would create a much more attractive investment than …

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Australian Wagering Council hits out at Racing NSW over minimum bet rules

The Australian Wagering Council has hit out at Racing NSW for implementing new minimum bet rules on wagering service operators. The group, which called for a freeze on the proposal last month, said the condition means online bookmakers will stand to lose a minimum amount on any single fixed odds wager on NSW Thoroughbred races, and criticised the policy as …

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Sports Ministers discuss sports integrity and development in Glasgow

53 international sports ministers met in Glasgow to discuss development and integrity of sports in developing countries. The ongoing meetings took place before the opening of the Glasgow 2014 Commonwealth Games, and has been named by officials as the Commonwealth Sports Ministers Meeting. The meeting between international ministers focused on the development of professional sports in underprivileged nations within the …

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AFL searches for new betting partnership

Melbourne newspaper The Age reports that the AFL will consider a new gambling partnership, once their existing Tabcorp deal expires. It’s believed that BetEasy or William Hill Australia could be lined up to replace the wagering and gaming giant, whose brands include the likes of TAB in NSW and Victoria. However, Chief Operating Officer Craig Nugent believes the firm is in a strong position to extend the contract beyond 2015, with rumours …

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William Hill appoints Isaac Ward as Commercial Director of TomWaterhouse.com

William Hill have announced the appointment of Isaac Ward ex Paddy Power’s Head of iGaming, as Commercial Director of William Hill-owned Australian igaming brand TomWaterhouse.com Ward will return to his native Australia to take up the role, which begins in January next year and is currently on gardening leave following his departure from Paddy Power, where he has worked for the past …

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Tom Waterhouse appointed as CEO of William Hill Australia

William Hill has appointed Tom Waterhouse, as Chief Executive Officer of William Hill Australia. Waterhouse is expected to take charge of the bookmakers Australian igaming division by the end of the July. The operator had been seeking to appoint a CEO for its Australian operations, former Sportingbet Australia Managing  Director Michael Sullivan had been overseeing regional operations for the bookmaker. …

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Surge in Australian betting market: $287m wagered on World Cup

Whilst Australia may have bowed out in the group stage of the World Cup, they far exceeded expectations with results which included a narrow 3-2 loss against eventual third place finishers the Netherlands. Back home Australian football fans did their bit by exceeding bookmakers’ expectations in terms of the collective amount they placed in bets. Throughout the month long competiton …

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