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South Australian Senator Nick Xenephon wants Australia’s financial authorities to ban g credit lines facilities being offered to national consumers. A new report released on Monday calls for a blanket ban on online betting companies extending credit to gamblers, including accepting credit cards as a form of payment. The senator supported by the Australian Financial Counselling (FCA) has warned government bodies that …

Exchange rate impacts combined with a decline in derivative asset values have swung Getting Singapore into the red, as the Asian gambling operator declared combined losses of SGD $16.9 million (£7.7 million) for its Q2 2015 performance (period ending 30 June). Ahead of its performance update, Genting governance had issued a profit warning to the Singapore stock exchange. Genting would …

Ladbrokes Australia has confirmed that it will integrate Racing Victoria broadcast services, as it looks to enhance its Australian racing inventory in the coming months. The bookmaker has agreed a multi-year content agreement to allow Racing Victoria meetings to be live streamed to active account holders on Ladbrokes Australia betting platform and on subsidiary brands BetStar and Bookmaker.com.au. Ladbrokes becomes …

Ladbrokes Australia has announced the launch of its ‘Cash-In’ network which will allow customers to instantly deposit money into their player accounts at over 1000 participating kiosks and newsagents. The Ladbrokes ‘Cash-In’ network will utilise the Nparcel payment system, which will allow customers to make direct deposits ‘over the counter’ using online payment codes or via pre-paid gift-cards. The operator …

Russian sports betting operator Fonbet has agreed terms with the National Football League (FNL) to become the title sponsor of the Russian second division for season 2015/2016 The agreement comes as Russian authorities have relaxed rules on advertising of sports betting services to national consumers. The 20 team division will be officially labelled the ‘Fonbet Russian Football Championship’. Fonbet management …

The British Horseracing Authority (BHA) has today published the Fixture List for 2016, with a total of 1,482 fixtures programmed. The headline elements of the Fixture List are: A total of 1,482 fixtures have been scheduled, 11 more than in 2015. The ratio of fixtures in 2016 – Jump 40.0% : Flat Turf 38.7% : All Weather 21.3% – remains broadly similar to …

Following numerous quarters of consecutive performance declines, billionaire James Packer has confirmed that he will step down as Crown Resorts Executive Chairman. As majority shareholder in the business, Packer will be transferred to a senior executive placement within the casino operator’s governance. Packer will further maintain his Co-Chairman position of subsidiary Melco Crown Entertainment Asia. Packer will be replaced as …

Governance of Australian gambling operator Tabcorp were delighted to announce that the company had beaten market forecasts for its 2014 performance (year ending 30 June). Tabcorp would post 2014 full year net profits of $171 million up 14% on 2013’s 149 million. Tabcorp would record a performance uplift on all key top-line metrics, as the operator posted a 6% rise …

The Gaelic Athletic Association (GAA) has pleaded for further amendments to Ireland’s 2013 Gambling Control Bill, with a view to prohibit wagering on underage/minor games (under 18)   The governing body of Gaelic Games (hurling and Gaelic football) has requested for the banning of wagers at inter-county level, citing the future integrity of the sports and youth development matters. Following …

Horse Racing Ireland (HRI) has announced that Racing Post has been appointed as an official distributor of HRI Data up to the end of 2019. Racing Post have renewed the agreement with HRI to use official HRI data in all of its print and digital products and will also be licensed to sell such data to other customers alongside its own editorial, tipping and analysis of Irish horseracing. …