BetMakers Technology Group and Gaming Innovation Group (GiG) are going to be delivering racebook services on GiG’s sportsbook platform SportX. This will be made possible through integration with BetMakers’ Embedded Racebook Solution, which allows operators to offer a full racebook with a comprehensive platform that includes wagering, form, data and embedded video. Andrew Cochrane, CBO at GiG, commented: “This agreement …
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BetMakers seeks new CFO as Pullin resigns ahead of Punting Form deal
BetMakers has informed investors that Anthony Pullin has resigned as Chief Financial Officer (CFO) of the ASX-listed wagering technology group. Pullin, who has served as BetMakers’ financial lead since 2018, will end his CFO tenure on Wednesday, 27 March. CEO Jake Henson thanked Pullin for his significant contribution to BetMakers’ growth and development. “Over the past 5 years, Anthony has …
Read More »BetMakers maps out 2024 cost-reduction programme
BetMakers has notified investors that it expects to “normalise its operating cost base” by the end of full-year 2024 trading. The objective was outlined in the concluding statement of the ASX wagering technology group’s FY2022/2023 investor update, published on 30 August. Tough trading saw BetMakers miss the targets of its corporate consensus as group revenues increased by only 3.7% to …
Read More »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 …
Read More »Light & Wonder considering ASX listing for stronger Australian standing
Targeting an enhanced profile for its Australian gaming operation, Light & Wonder (L&W) is mulling the pros and cons of a listing on the ASX. The listing would serve as secondary to the firm’s primary public trading on the US Nasdaq exchange, with the explicit goal of supporting its Australian growth plans. L&W detailed that its Board of Directors ‘has …
Read More »Skycity NZ recruits David Attenborough as NED
Skycity Entertainment has informed the New Zealand Stock Exchange (NZX) of its intentions to appoint former Tabcorp Holdings CEO David Attenborough as a non-executive director (NED). The Auckland-based gambling group notified investors that Attenborough would serve as a corporate advisor to its board of directors from 1 March 2023. The NED appointment will require the regulatory approval of the Australian …
Read More »Aristocrat launches Anaxi to power online games vision
Aristocrat Leisure has announced the rebrand and launch of its online games division that will operate under the new domain of ‘Anaxi’. The launch of Anaxi sees the ASX gambling technology group announce its entry into the online gambling B2B marketplace. Corporate ambitions see Aristocrat targets becoming a leading supplier of real-money-games and software solutions. Aristocrat announced the creation of …
Read More »GBGB assigns Racing and Sports PTY to upgrade UK greyhounds data intelligence
Racing and Sports PTY (RAS) has announced its first major UK partnership, becoming the new data intelligence partner of the Greyhound Board of Great Britain (GBGB). Securing a long-term partnership, RAS will overhaul the GBGB’s database capabilities to help the governing body monitor and record all greyhound racing fixtures in the UK. Further to optimising GBGB’s database, RAS will aim …
Read More »Tabcorp sees TAB comeback jinxed by NSW venue restrictions
Tabcorp Holdings has underlined that its business recovery continues to be affected by COVID-19 restrictions applied across Australia’s five-state provinces. Publishing its half-year 2021/2022 results for the six-month period ending 31 December, the ASX gambling group recorded a 2% increase in corporate revenues to AUS $2.93 billion (€1.52 bn). Topline growth was attributed to Tabcorp’s Lotteries-&-Keno unit registering an 11% …
Read More »Playtech stands by Aristocrat deal as Gopher eyes bidding war
Playtech Plc has responded to media speculation regarding a counterbid that existing shareholder Gopher Investments will table to take control of the FTSE250 gambling technology group. This Sunday, Sky News reported that Gopher – a Hong Kong-based investment vehicle that maintains a 5% shareholding in Playtech – will launch an expected £3 billion counteroffer, triggering a bidding war against ASX …
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