Oceania

Sportsbet files court injunction against BetEazy.com over staff poaching

Australian bookmaker Sportsbet has filed a Supreme Court injunction against Beteasy, in order to halt staff members defecting to new online betting operator Betasy.com. BetEazy.com, is the new sports betting brand of ex Sportsbet Managing Director and Founder Matthew Tripp. Sportsbet, who are owned by Irish gambling operator – Paddy Power filed a court injuncation with the State of Victoria …

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Canberra ACTTAB sale labelled a Sham Process

The sale of Australian government owned bookmaker ACTTAB, has been labelled a ‘sham process’ by corporate gambling operators who expressed interest in acquiring the retail bookmaker. ACTTAB’s sale has hit the headlines in Australia, as its appears that private bidders have been shut out of the sale to purchase the state owned operators assets. The government is looking to sell …

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Sahara fundraisers set off this week

A team of 21 volunteers, the majority from bookmaking companies, will trek the Sahara Desert this week to raise funds for the UK’s leading problem gambling treatment charity. The team will be walking for 5 days from the “Door of the Desert” at Achbarou to Anoun El Fraolia, crossing 100 kilometres of dunes and open desert. The volunteers aim to …

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Crown Resorts looks to purchase remaining stake in Betfair Australia joint venture

Australian news sources have speculated that Crown Resorts is set to acquire the remaining 50% stake of its joint venture with sports betting exchange Betfair for control of Betfair Australia . The casino operator will buy out Betfairs stake in Betfair Australia, a joint funded venture between both parties which launched in August 206, under the licence of the Tasmanian …

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FIFA worldwide ban for British match fixing players

Defender Reiss Noel and goalkeeper Joe Woolley, who both played for Southern Stars, pleaded guilty and were fined by a Melbourne court in December after manipulating games on the instruction of betting syndicates based in Malaysia and Hungary. Noel was slapped with a fine of A$2,000 (£1080) while Woolley got a penalty of A$1,200 (£720) for his role in the …

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‘Impossible’ task of finding a new Ralph Topping

William Hill chairman Gareth Davies has described the task of finding a like-for-like replacement for CEO Ralph Topping as ‘impossible’. With Topping looking to take retirement next year, it has fallen to Davies to head up the search for his successor and it is something that he ‘really goes to town on’. Speaking with CITY AM, Davies said that Topping …

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Topping targets international diversification

Ralph Topping may have his sights set on retirement next year, but he is still setting targets for his company for long after he has left. The William Hill CEO told investors last week that the bookmaker should see 35-40% of its revenues come from its international operations by the end of 2017/beginning of 2018. International operations current supply 15% …

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Matthew Tripp Acquires Betezy

Business man Matthew Tripp, ex owner of Australian focused sports betting operator Sportsbet.com.au will re-enter the Australian sports betting market. Having just finished his non-compete clause from the sale of Sportsbet.com.au to Irish sports betting operator Paddy Power, Tripp has quietly acquired  embattled operator Betezy for a reported sum of AUS $10 million (£5.42 million) The acquisition of Betezy.com.au, will …

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William Hill upbeat despite slight loss

William Hill has posted a slight loss after tax for 2013 (down 2 per cent to £226.5m) but the underlying trends in the business indicate a company still on the up. Net revenue for the whole company was up 16% to £1.49bn with Retail Net Revenue up 8% to £907m and online Net Revenue jumping 10% to £446.3m. Operating profit …

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POC needs to be ‘properly enforced’

Ladbrokes have called for ‘proper enforcement’ of the point of consumption (POC) licensing of online gaming when it is introduced in the UK later this year. The firm estimate that the new tax, despite being planned for December this year, will hit their 2014 revenues by £2m and they want to see some benefit for this expense. They said: “How …

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