Tag Archives: australia

Winning Post – Gambling Commission consults on harm prevention

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. UK: Regulation – It’s not funny that we don’t talk anymore Reports this week that British gambling operators will take action to effectively bar themselves from advertising on television during live sports …

Read More »

Early Morning racing content switch up for SIS

Horse racing from Melbourne Racing Club and South Australia is now included in the Early Morning Product from Sports Information Services (SIS), while UK and Irish greyhound racing is being phased into the service for the first time. This new Early Morning content replaces the firm’s existing early morning Australian racing, which ceased to be part of the SIS service …

Read More »

New chapter for Australian online gambling, as states commit to ‘National Framework’ mandate

Australia’s six state governments have committed to the mandate of the nation’s first ‘National Consumer Protection Framework’ ensuring greater public safeguards and standards on interactive wagering and gambling services. Referred to as the ‘National Framework’, the governments of New South Wales, Queensland, South Australia, Tasmania, Victoria and Western Australia will collaborate on developing consistent nationwide policies, regulating the online gambling sector. Despite …

Read More »

Winning Post: Changing perceptions of animal betting sports

In play - Copyright: gabe123 / 123RF Stock Photo

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. US: Florida greyhounds – dog days are over Florida, home to the oldest continually operated dog track in the world (and one of the largest) has banned wagering on greyhound races in …

Read More »

Problem gambler gets $150,000 refund for unlawful Betfair activity

Betfair

Betfair failed to ‘reasonably recognise’ the red flags after one of its own customers – identified as Mr M, convinced the company to refund $150,000 which he quickly gambled away from his account. As reported by ABC News, the betting exchange should have identified “red flag behaviours” that showed the customer had a gambling problem before it agreed to reverse …

Read More »

New look Stars Group shows first glimpse of its enlarged capacity

Toronto TSX-listed The Stars Group Inc has published its first trading update as an enlarged enterprise, incorporating the acquired assets of Sky Betting & Gaming (Sky Bet) and BetEasy Australia. Closing a group-wide transformative period, the Stars Group announces Q3 2018 (period ending 30 September) group revenues totalling $570 million (Q3 2017: $330m).   The Toronto enterprise displays its enlarged …

Read More »

Tabcorp shareholders dispute executive merger rewards

The governance of Australia ASX-listed Tabcorp Holdings has been served a bloody nose, as a significant number of its investors have rejected the firm’s executive remuneration report. This Wednesday, 40% of Tabcorp investors voted against 2017/18 executive packages. Australian business news sources report that investors had been incensed by the company attaching executive performance rewards (bonuses) to Tabcorp’s AUS $11 …

Read More »

Winning Post – Assessing tax hikes in Ireland

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. Ireland: betting duty – they never had it so good…. On Tuesday the Irish government announced a doubling of betting duty to 2% of turnover in its 2019 Budget (with exchange duty …

Read More »

Australian bookmakers show ‘no harmony’ in developing a new responsibility framework

Industry rifts appear to be hampering the progress of Australia developing a national self-exclusion policy for betting consumers. This weekend, The Sydney Morning Herald (SMH) reported that Ladbrokes Australia had split with industry standards association Responsible Wagering Australia (RWA) on the co-development of a new national responsibility framework. Working with online bookmakers, RWA seeks to develop stronger reforms which will …

Read More »

Tabcorp parts company with under investigation Elmer Funke Kupper

Business news source, ‘The Australian’ reports that Elmer Funke Kupper will no longer serve as a Tabcorp Holdings’ Director, detailing that the executive will depart the company in October. Funke Kupper was the former Managing Director & Chief Executive of Tabcorp Holdings from 2007-2011. In 2011, Funke Kupper left the Australian gambling group to take up leadership of the Australian Securities …

Read More »