Oceania

Oceanic news – Australia and nearby countries

Labor Party calls for AUS blanket ban on gambling ads 

SBC News Labor Party calls for AUS blanket ban on gambling ads 

Australia’s governing Labor Party has outlined its support for a blanket ban on gambling advertising, stating that the country should not accept “another generation experiencing escalating gambling harms”.  Labor MPs have backed the findings of a parliamentary inquiry recommending a “ban on ads for online gambling across all media, to be implemented within a three-year period”. The inquiry follows months …

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BetMakers signs deals home and away with Dabble and Parx Racing

BetMakers signs deals home and away with Dabble and Parx Racing

BetMakers Technology Group has signed two new contracts this week, renewing its existing partnership with Dabble in Australia and partnering with Parx Racing in the US. The prior contract in the company’s home market of Australia enables the continued use of BetMakers’ Price Manager technology solution, eyeing up a strengthened position in the local racing market. BetMakers added that the …

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Ladbrokes and NSWGR : ‘Most significant sponsorship in Australia greyhounds history’

SBC News Ladbrokes and NSWGR : ‘Most significant sponsorship in Australia greyhounds history’

Entain Australia has announced a partnership with Greyhound Racing NSW (GRNSW) which includes a multi-million-dollar investment into the sport.  The agreement will see the FTSE 100 operator’s Ladbrokes brand takeover naming rights of the world’s richest greyhound race series – the Ladbrokes Million Dollar Chase – for the next ten years. The association has described it ‘the most significant track …

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Australian operators warned to knuckle down on TV gambling harm messages

SBC News Australian operators warned to knuckle down on TV gambling harm messages

The NSW Government (New South Wales) is calling on wagering operators to ensure that responsible gambling messages are communicated effectively in advertising. The announcement comes as Liquor & Gaming NSW has issued show cause notices to two betting operators due to irregularities in their TV ads that undermined previously-agreed responsible gambling messages. Liquor & Gaming NSW is responsible for ensuring …

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Tabcorp exploring sublicensing Melbourne Cup TV rights

SBC News Tabcorp exploring sublicensing Melbourne Cup TV rights

Tabcorp has invited commercial television networks to express  an interest in purchasing the domestic broadcast rights for the Melbourne Cup. The ASX-listed gambling group has asserted that it expects the deal could generate up to AU$100m (£53,171,300) over five years. Tapcorp already owns the international broadcasting rights to the thoroughbred event, and has now been granted permission by the Victoria …

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Australian reformists call for European style regulatory changes

Rivalry: Seizing Australian esports betting opportunities

The Alliance for Gambling Reform (AGR), an Australian campaign group lobbying for changes to the country’s regulatory framework on betting, has harshly criticised existing provisions. In its Online Gambling Policy, the AGR has asserted that Australia’s national regulations on gambling are lagging behind those of other jurisdictions, such as in Europe. The report took note of recent changes in European …

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ACMA contacts Curaçao over licence holders’ Australian law violations

ACMA

The Australian Communications and Media Authority (ACMA) has written to the Curaçao Ministry of Finance over the activities of operators holding ‘master’ licences in the territory. Reforms planned by the government of the Dutch Caribbean island could see a change to the current system, in which five ‘master’ licences are currently available. Four of the aforementioned ‘master’ licences are currently …

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BetMakers on ‘path to profitability’ with restructuring and cost reductions

BetMakers pon ‘path to profitability’ with restructuring and cost reduction

Australia-based international betting solutions provider BetMakers Technology Group has detailed progress on its operational restructure, as the firm seeks to streamline its business model. The company updated its ASX investors that the operational review it has been undertaking over the past four months will lead to a reduction in operating costs – from AUS$91.5m in H1 FY2023 (June 2022-June 2024) …

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RWA: Racing and sports ‘could lose $3bn’ to illegal offshore gambling

SBC News RWA: Racing and sports ‘could lose $3bn’ to illegal offshore gambling

Responsible Wagering Australia (RWA) has revealed that illegal offshore gambling could cost nearly $3bn in lost taxes and racing and sport product fees unless action is taken. It was in the Australia Offshore Wagering Market Analysis 2023 Report that it states the illegal offshore market in Australia is now worth more than $1.1bn – which is around 15% of the …

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Racing And Sports identifies ‘new opportunities for innovation’ with Tabcorp

SBC News Racing And Sports identifies ‘new opportunities for innovation’ with Tabcorp

Racing And Sports (RAS) has signed a deal with Australian-based Tabcorp to supply an expanded offering of data and content on its app, retail and web platforms, as well as Sky Racing. The three-year partnership will see RAS provide the gambling company with its analytics, predictive models, and content from global horse racing, harness racing, and greyhounds too.  RAS CEO, …

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