Tag Archives: australia

Rivalry expects to achieve profitability by H1 2024 after recording another quarter of revenue growth in Q2 2023, momentum which the firm expects to stay consistent into next year. The Canada-based firm – active in the Ontario and Australian markets, with a focus on esports – reported group-wide revenue of CAN$8.5m to its TSX investors, up 60% on corresponding Q2 …

Tabcorp has stated that it has achieved the year-1 objectives of its business transformation following its demerger from Tatts Group, in line with the group’s new TAB25 corporate strategy.  Publishing its 2022/2023 financial accounts, the reorganised ASX sports betting group achieved corporate revenues of AUS $2.43bn (€1.45bn). A year following its demerger from Tatts lotteries, the commercial make-up of Tabcorp …

Following a difficult trading period for Catena Media CEO, Michael Daly, remained optimistic in the group’s ability to reach an ‘achievable but challenging in goal’ in North America. Following a series of transformations, North America, particularly in the last year, has been the main cash cow for the Stockholm-listed media publisher. Yet, momentum was interrupted during Q2, with the firm’s trading …

BlueBet has been charged by the Victorian Gambling and Casino Control Commission (VGCCC) with violating the Australian state’s betting advertising laws. The operator, headquartered in Sydney in the neighbouring state of New South Wales (NSW), allegedly breached Victoria betting regulations by placing billboard advertisements along motorways. Victoria’s gambling regulator has charged the firm with 43 violations of state law for …

Australia has welcomed the launch of BetStop, the new ‘single point’ gambling self-exclusion scheme available across all six federal states. BetStop is operated by the Australian Communications and Media Authority (ACMA), which in 2022 was instructed to develop a federal self-exclusion scheme to protect vulnerable consumers from gambling risks better. As agreed by the gambling authorities/boards of the Capital Territory, …

Australian social betting platform Dabble has partnered with Primer – the world’s first automation platform for payments.  The firm is expanding its current payment options to allow customers – who are increasingly casual sports betting enthusiasts – to pay with preferred payment methods such as Google and Apple Pay. Dabble is now aiming to ‘transform’ its online experience, as well …

Australian gambling firm Tabcorp has extended its digital vision supply agreement with Sportsbet for an additional 10 years. The extension allows Flutter Entertainment-owned Sportsbet to broadcast Sky Racing 1 and Sky Racing 2 vision live in its betting app and website, with Sky as the exclusive provider.  Adam Rytenskild, Tabcorp Managing Director and CEO, noted: “Sky is the home of …

Flutter Entertainment Plc has reached an “inflection point” for its business, as its US FanDuel division ‘achieves profitability’ to transform its group earnings performance and prospects.  Delivering on a core strategic target, Flutter published its Interim H1 2023 results registering group revenues of £4.8bn, up 42% on 2022 comparatives of £3.38bn. Period trading marked a strong momentum, with average monthly …

The government of Victoria has unveiled a range of reforms to gambling in the state, specifically around player protection and gambling harm prevention and particularly targeting gaming machines. Daniel Andrews, Premier of Victoria, and his Labor government, aim to make player protection in the state ‘the strongest in Australia’ with reforms to electronic gaming machines (EGMs), drafted with Minister for …

 The government of New South Wales (NSW) has formed a new independent panel to deliver a “comprehensive roadmap on gambling reforms.” The panel, consisting of 16 members, will be led by former NSW Office of Liquor, Gaming and Racing Commissioner, Michael Foggo, who will serve as Chairman. Tasked with providing optimal oversight on gambling policies, the panel’s composition includes representatives …