Betchoice, an Australian betting operator which trades as Unibet, has been fined AUS$60,000 by the New South Wales (NSW) regulator. Liquor & Gaming NSW determined that Betchoice had breached state gambling laws by including ‘inducements’ to gamble or open betting accounts via its promotional activity. The regulator asserted that these promotions came in the form of ‘price push’ offers, a …
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Rivalry edging towards profitability with record Q1 revenues
Rivalry has further cut down net losses in Q1 2023 as the international betting and media company moves ahead with its investment and development plan. The firm – based in Toronto and listed on the TSXV – reported Q1 revenue of CA$12m as of 31 March 2023, its highest-ever figure for a single quarter and marking a growth rate of …
Read More »Entain takes wagering control of reorganised TAB NZ
Entain Plc has significantly bolstered its presence in Oceania following the approval of its strategic partnership with TAB NZ by the New Zealand Minister for Racing. TAB NZ had chosen Entain to serve as ‘preferred partner’ to provide technology systems for the management of Racing New Zealand’s (Racing NZ) wagering, retail and broadcast offering on 28 March. Partnership terms have …
Read More »Tabcorp to bid for Melbourne Cup domestic and global media rights
Tabcorp is planning a +AUS $100m (€61.m) bid to become the Melbourne Cup broadcast rights holder, the marquee fixture of Australia’s Spring Carnival. The ASX betting group is reported to be in negotiations with Victoria Racing Club, in which it seeks to become the ‘local and global’ distributor for the “race that stops the nation”. Held every November, the Melbourne …
Read More »NeoGames to join Aristocrat portfolio as takeover terms agreed
NeoGames SA has announced that it has reached an agreement with Aristocrat Entertainment which will see the latter acquire the B2B betting and gaming solutions provider. Due to be conducted at a price of £29.50 per NeoGames share, the business combination agreement values the NASDAQ-listed company at $1.2bn, and represents a 104% premium over the volume weighted average price of …
Read More »BetMakers takes stateside leap as MonmouthBets goes to market
Australia-based betting technology firm BetMakers Technology Group has completed a major milestone in North America, supporting the launch of MonmouthBets. MonmouthBets will accept wagers from New Jersey’s Monmouth Park from 13 May onward, building on BetMakers’ launch of retail fixed odds horse racing at the track in 2022. The product, regulated by the New Jersey Division of Gaming Enforcement, marks …
Read More »PandaScore teams with Ladbrokes Australia to rollout BetBuilder
PandaScore has announced that it’s BetBuilder offering is now live with long-time partner Ladbrokes Australia, which is part of the sports betting group Entain. Through the partnership, Ladbrokes Australia will be able to offer ‘catered’ and ‘more engaging’ betting opportunities for one of the biggest betting events on the Counter-Strike calendar, as well as for each individual esport. Ladbrokes Australia …
Read More »Tabcorp enlists Mindway AI to improve customer intervention
Tabcorp Holdings has announced a partnership with Mindway AI to enhance its responsible gambling capabilities using AI technology. Through the collaboration, Tabcorp aims to improve its customer protection and assist with problem gambling at an earlier stage. Mindway AI, which has already implemented customer care software in 20 countries and has 6.5 million active users worldwide per month, will be …
Read More »Flutter finds its ‘global edge’ amid regulatory and business changes
Flutter Entertainment has ‘got its mojo back’ in the UK and Ireland, according to Group CEO Peter Jackson, who addressed investors alongside the firm’s newly appointed Chief Financial Officer (CFO) this morning. Following the group’s Q1 2023 trading update, Jackson, along with Paul Edgecliffe-Johnson, provided a breakdown of the group’s market performance across a range of international jurisdictions. A leading …
Read More »ACMA issues Entain max penalty for illegal online bets on LIV tournament
Entain has been asked to pay an infringement notice of AU$13,320 by the Australian Communications and Media Authority (ACMA) after offering online in-play betting to customers. Through its two Australian sportsbook brands, Ladbrokes and Neds, the operator offered bets on an LIV golf tournament held in Bangkok in October 2022, accepting a total of 78 in-play bets online, which were …
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