Oceania

Tatts Group CEO Robbie Cooke,  stated that the Australian operator would continue to invest in its digital enterprises. The operator had witnessed a 14% growth in wagering to AUS $ 147.10 million (£82 million) for its digital sports betting division in 2014. The improved online sports betting performance was further supported by an 8% sales growth in its online lottery …

Australian betting and lottery operator Tatts Group reported a weaker than expected full year 2014 (ending 30 June) company performance, as group revenues fell 8% to  $ 2.9 billion, further resulting in  Tatts Group witnessing a net profit slump of 19% to $200 million. Tatts Group performance was impacted negatively by a $42.6 million health benefit levy charged by the …

Australian gambling operator Tatts Group today unveiled its new corporate brand identity. Tatts Group operators of lottery and gaming solutions, presented their new corporate logo, which was accompanied with a the launch of a their newly redesigned website – tattsgroup.com. The Tatts Group new corporate identity project, was undertaken with the help of branding specialists Hulsbosch. Tatts Group senior management …

Australian south east state horse racing authority Racing Victoria, have confirmed the purchase of domain name Racing.com for an undisclosed fee. Racing Victoria will use the domain to further its services and racing coverage throughout national and international markets, with a new website and further digital inventory set to be launched by mid-September. Racing.com will target a broader demographic for …

Betfair PLC today announces that it has sold its 50% stake in Betfair Australasia Pty Limited (“Betfair Australia”) to joint-venture partner Crown Resorts Limited Betfair has concurrently entered into an agreement with Crown to continue to provide its betting exchange in Australasia under a B2B model and will receive a share of revenues generated by the exchange in those markets. …

Australian gaming and sports betting operator Tabcorp, posted a net profit of AUS $ 129.9 million, up 2.6% on 2013 corresponding period. Tabcorp financial performance suffered  from its discontinued Victoria gaming operations, which impacted  business revenues with $19.2 million tax levies.  Tabcorp senior management are in the process of challenging the levies imposed and claiming revenues back. The Australian gambling …

Bet365’s Australian business division reported a yearly loss of AUS$ 40.8 million (£22.3 million). The losses amounted by the division were filed with the Australian Securities and Investments Commission. The Darwin licensed betting and gaming division began operations in 2012, in its three years in existence Bet365 Australia has accumulated total net losses of AUS$ $77 million (£42.2 million). The …

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, …

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 …

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 …