Western Australia state owned betting operator TAB is set to focus its business towards online sports betting amid a decline in its racing operations. Last week Racing and Wagering Western Australia (RWWA) issued its annual sports betting report outlining that revenue growth jumped 36% in the past 12 months to July 31 – AUS $160 million, the increase was driven …
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Melbourne Cup cruelty accusations dismissed by horse racing industry
Two horses, Admire Rakti and Araldo, died at the recent Melbourne Cup which has led to campaigners heavily criticising the event and racing industry as a whole. The horse racing industry has swiftly rebuked these criticisms, and stated that those making them have no idea how the horses are treated. Admire Rakti, a Japanese stallion, had been amongst the favourites …
Read More »bet365 appoints Daniel Moran as CEO of bet365 Australia
eGaming Review has revealed the appointment of Daniel Moran as the inaugural CEO of bet365 Australia. Moran will head up governance and operations of bet365 Australia, as the operator looks to establish itself as one of the region’s top igaming and sports betting operators. Daniel Moran had served as CEO of Sportingbet Australia (2000 – 2002) and defunct igaming operator …
Read More »Ladbrokes partners with Brisbane Roar FC
Ladbrokes has continued to expand its brand presence and coverage in the Australian sports betting market with the announcement that it had entered a marketing partnership with A-League soccer team Brisbane Roar FC. Ladbrokes Australia confirmed that it had agreed a one season deal with Brisbane Roar, the partnership agreement will see the Ladbrokes brand promoted throughout the football clubs …
Read More »Australian Government agency set to tackle illegal betting
Having heard the complaints from licensed Australian gambling and betting operators, the Australian Government is set to form a national agency to tackle illegal offshore betting activities. Federal Social Services Minister Kevin Andrews and Victoria State Premier Dennis Napthine announced federally approved measures to tackle illegal sports betting. Napthine stated that the agency had already pinpointed several offshore betting operators, …
Read More »Tabcorp urges Australian Government to get tough on offshore bookmakers
Australian betting and gambling operator Tabcorp has advised Australian policy makers for stricter policing and monitoring of offshore bookmakers. Tabcorp senior management have cited numerous concerns regarding consumer and market protections. Tabcorp Chairman Paula Dwyer yesterday told the federal government that an estimated 14% of Australian wagering was being placed with unlicensed bookmakers. Dwyer expressed that the Australian government needed …
Read More »Professor Jack Anderson ‘match fixing bigger threat than doping’
Professor Jack Anderson of Queen’s University Belfast stated that match fixing had become the number one threat to sports integrity, surpassing doping. Speaking at the International Sports Law Conference in Adelaide, Anderson urged for a review of current processes and strategies in order to tackle match fixing syndicates in international sports. Anderson further stated that sports governing bodies remained unware …
Read More »Increased race fees effect William Hill Australia wagering
William Hill Australia pointed to increased fees charged by state racing bodies for a 3% fall in Australian betting wagers placed in the past quarter. William Hill Australia currently operates betting brands Sportingbet Australia, Centrebet and Tom Waterhouse. Management of its Australian sports betting divisions outlined that it would look to improve margins on its Australian betting markets in order …
Read More »Ladbrokes targets Australian growth
Having reported its first positive set of interim results in eight rounds, Ladbrokes CEO Richard Glynn highlighted the importance of the Australian igaming market to the operator’s future corporate growth and value strategy. Speaking to investors at Ladbrokes Q3 call, Richard Glynn confirmed that Ladbrokes Australia had become profitable in just over a year of being full operations. Ladbrokes Australian …
Read More »Tabcorp confirms purchase of ACTTAB operations
Australian betting operator Tabcorp has completed its AUS $105 million (£58 millon) acquisition of racetrack betting operator ACTTAB from the Canberra Government (ACT Government). Tabcorp senior management disclosed that it had been granted permission by the Australian Competition & Consumer Commission (ACCC) to proceed with the acquisition of ACTTAB. The purchase of ACTTAB will see Tabcorp gain a 50 year …
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