Oceania

Oceanic news – Australia and nearby countries

Australia Racing Minister seeks speedy sale of state-owned TAB

SBC News Australia Racing Minister seeks speedy sale of state-owned TAB

Australian news sources have reported that Racing & Gaming Minister Colin Holt is seeking to privatise the Western Australia TAB network (WA TAB), which represents the country’s last state-owned betting agency. Holt is reported to be seeking a AUS $1 billion sale for the state asset, with the Racing Representative Group set to present its auction plans to WA regulators. …

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Tabcorp extends NSW Keno licence until 2050 with AUS $25 million payment

SBC News Tabcorp extends NSW Keno licence until 2050 with AUS $25 million payment

Australian gambling operator Tabcorp has confirmed that it will make an upfront payment of AUS $25 million (£12.2 million) to the New South Wales (NSW) government for its extension of Keno gaming services. The NSW licence, will see Tabcorp extend it Keno provisions services until 2050. The operator is expected to pay an additional Aus $3 million in yearly licence …

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Digital Fuel wins Tabcorp ‘Sun Bets’ launch contract

SBC News Digital Fuel wins Tabcorp 'Sun Bets' launch contract

Australian gambling operator Tabcorp Holdings has selected specialist online gambling marketing agency Digital Fuel Ltd to lead the UK launch of its new brand ‘Sun Bets’ in cooperation with media publisher News UK. Digital Fuel will lead first stage marketing initiatives for the ‘Sun Bets’ brand that will aim to launch in early 2016. The brand was first announced in …

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Chairman rejects suggestion of fixing at Burnie International

SBC News Chairman rejects suggestion of fixing at Burnie International

Despite recent allegations around the Australian Open, organisers of the Burnie International are confident their event has not been targeted by match fixers, even though self-confessed ‘tanker’ Nick Lindahl has played there in the past. As reported in The Mercury, two other players allegedly among the 15 former and current professionals said to have played in matches surrounded by unusual …

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Tabcorp and German Tote to pool totalisators

SBC News Tabcorp and German Tote to pool totalisators

Germany’s totalisator is the latest to join Tabcorp’s multi-billion dollar wagering pools, following an agreement completed between Tabcorp and German Tote. German Tote is majority-owned by French wagering operator Pari Mutuel Urbain (PMU), while German racetracks (BGG Betriebsgesellschaft der Galopp-Rennvereine mbH) also have a minority stake. The deal will involve the German Tote taking all Australian thoroughbred and harness racing and co-mingling their …

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Tabcorp reported to have rejected Ladbrokes Australian joint venture

SBC News Tabcorp reported to have rejected Ladbrokes Australian joint venture

The Sydney Morning Herald (smh.com.au) has reported that Tabcorp governance rejected a joint venture approach by Ladbrokes Plc, in a move that would have rocked the Australian betting market. Ladbrokes are reported to have proposed the joint venture in late 2013, with the firm looking to create Australia’s biggest gambling operator. At the time Ladbrokes had launched its Australian betting division …

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William Hill aims for strong new year following tough 2015 readjustments

SBC News William Hill aims for strong new year following tough 2015 readjustments

Having issued an unaudited 2015 trading statement this morning, William Hill governance is positive that the company is well placed for a strong 2016, following a year of re-adjustments to new market conditions and tax headwinds imposed on UK betting operators. Despite recording a 22% drop in its group operating profits to £290 million (FY 2014: £371 million), William Hill governance …

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James Fleming – Quick payments ‘the most important retention tool available’

SBC News James Fleming - Quick payments 'the most important retention tool available'

James Fleming, Commercial Director at emerchants Europe, talks about how his firm’s payment service has transformed the way customers get funds from bookmakers. Emerchants is providing gaming operators with the ability to give their customers instant access to funds via a prepaid card. Can you give a bit of flavour how it works? Our original goal was to dramatically improve …

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24/7 ESports drops former Skyred CS:GO team

SBC News 24/7 ESports drops former Skyred CS:GO team

Australian eSports company 24/7 Esports has announced that it has terminated relations with a Vietnamese CS:GO team amidst allegations of match fixing. The team were formerly signed to Skyred, an eSports organisation which is one of the biggest in Vietnam.   It’s key to note that these remain only allegations, and no evidence has been provided as yet. The decision …

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Sportsbet adds in-play betting markets

SBC News Sportsbet adds in-play betting markets

The Australian subsidiary of Paddy Power, Sportsbet has added the popular in-play betting function to its offering.  In-play betting is made complicated in Australia due to the 2001 Interactive Gambling Act which restricts in-play bets to personal ones made at betting shops, or via a phone line. Betting operators get around this in a variety of ways, the likes of …

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