The continuation of racing across Australia and the US has come as a welcome relief for Flutter Entertainment, as its retail estate faces a blow from the postponement of global sporting events. Publishing a Q1 trading update for the three months ended 31 March 2020, Flutter reported group-wide year-on-year revenue growth of 16% in Q1, reported at £547 million for …
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Tabcorp Holdings’ flagship sportsbook property TAB has launched its new “Back the Industry” campaign, urging punters and businesses to support Australian racing during the ongoing COVID-19 crisis. Despite all Australian professional sports leagues postponing their imminent 2020 schedules, Australian horse and greyhound racing remain as the last organised sports still operating during the Australian COVID-19 lockdown, maintaining all meetings behind …
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Tabcorp Holdings has confirmed that it will donate AUS $1.5 million to Australian emergency services battling the bushfire crisis which has engulfed the entire Gold Coast of Sydney. The ASX listed operator has confirmed that all lottery proceeds taken from its Saturday Lotto draw scheduled for 25 January will be donated to Australia’s ‘Bushfire Relief’. Seeking to generate as much …
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Industry strategic consultancy Regulus Partners kick starts the week by assessing the global changes to taxes, the Australian government’s crackdown on credit cards, and the recent NHS statistics released in the UK. Global: gambling tax changes – call of duty This week has seen three elements of ‘bad news’ from a tax perspective. Denmark (€520m run-rate online market) has announced …
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The Australian Senate and House of Representatives have passed new legislation which would establish a National Self-Exclusion Register for those at risk of problem gambling behaviours. Alongside the new legislation, the government has also introduced a bill which would bring in a levyt for operators which would go towards covering the costs of the new register, which is due to …
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Australia ASX gambling group Tabcorp Holdings has confirmed the departure of c-level executive Mandy Ross, who has chosen to pursue a new career in academia. Ross has served as Tabcorp’s Group Chief Information Officer (CIO) since 2017 and is set to leave the company in April of next year. In its update, Tabcorp informs that Ross has chosen to join Griffith …
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From sponsorship to the ever-expanding world of football media coverage, when it comes to the business of football, InsiderSport has you covered. This week’s OTB reports on the latest MLS expansion franchise, FIFA’s Club World Cup announcement and Amazon’s latest fly-on-the-wall documentary featuring Tottenham Hotspur. FIFA awards hosting rights of the 2021 Club World Cup to China China PR has …
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City analysts are pondering how Flutter Entertainment will sooth competition concerns across multiple markets, attached to its bold merger pursuit with digital rival The Stars Group Inc. Since the merger was propositioned on 2 October, Flutter CEO Peter Jackson and corporate governance have emphasised confidence in clearing all regulatory hurdles to deliver a £10 billion online gambling powerhouse. The stakes …
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The management of The Victoria Racing Club (VRC) has confirmed that US pop icon Taylor Swift has withdrawn from performing live at the Flemington Racecourse, headlining Melbourne Cup Day (5 November) celebrations. Marked as the singer’s only performance in Australia for 2019, promoting her new album ‘Lover’, Swift had been scheduled to play a televised mini-set at Flemington’s ‘Mounting Yard’ …
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In this week’s edition of 6 of the Best, we hear from mkodo‘s Executive Director Sue Yoxall. She tells us all about an unforgettable day at the races, a sporting experience which literally caused her to faint, and which records still take her fancy. Best Holiday This is too tricky! I love to travel so have had many an adventure …
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