Tag Archives: australia

Crownbet drops all oppposition to Tabcorp-Tatts merger

Updating the market, Australia ASX-listed gambling group Tabcorp Holdings has confirmed that it has fully settled its Tatts Group merger dispute with competitor Crownbet Limited. “CrownBet has agreed not to apply for judicial review of the Tribunal’s decision on 22 November 2017 to grant authorisation for the Transaction. CrownBet has also agreed not to take any action which would impede …

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William Hill eyes Australian expansion by entering CrownBet takeover talks

Crown Resorts, the Australian gaming and entertainment group, and William Hill have both moved to confirm discussions have taken place, and are ongoing, regarding the formers 62% stake in online betting firm CrownBet. Speculation first came to light in The Australian newspaper, that ‘in depth’ talks over a potential deal were believed to ongoing between governances. Presenting a statement to the media, Crown Resorts …

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Australia favourites as Ashes fever descends on Brisbane

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Australia and England have a rivalry steeped in history, one that particularly comes to the fore whenever the two nations are pitted against each other in a sporting arena. That is epitomised by the Ashes, with the tiny urn the ultimate prize for whichever side can hold their nerve in the various cauldrons of noise over the course of the …

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Dmitry Starostenkov – EvenBet Gaming – Raising the bar in daily fantasy sports

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Earlier this year EvenBet Gaming unveiled its new daily fantasy sports (DFS) product, with the feature packed turnkey solution designed to break new ground within the vertical. Dmitry Starostenkov, CEO of EvenBet Gaming, has been speaking to SBC about what makes the online gaming software developers DFS product stand out from the crowd, developments that it has been going through …

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Philip Bowcock – William Hill sees international growth as the fix for potential UK downturns

Updating investors on William Hill Plc Trading, Group CEO Philip Bowcock has detailed that the  FTSE bookmaker will move to prioritise expansion within overseas markets in an attempt to combat any potential growth impacts felt from forthcoming UK regulatory increases. William Hill recorded positive results for its 17-week trading period to 24 October, however, Bowcock believes further international growth will plug any …

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Tabcorp hails “significant step” following merger greenlight

The tortuous progress of the long planned AU$11bn merger between Tabcorp and Tatts has been eased after the Australian Competition Tribunal (ACT) gave the deal the go-ahead, for the second time. The case had been referred back to the ACT for a second review, following opposition to the deal from the Australian Competition and Consumer Commission (ACCC) and rival betting …

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On track William Hill set to deliver £40 million in group 2017 savings

Presenting its latest trading update (unaudited 17-week period to 24 October), FTSE-listed bookmaker William Hill Plc details that its corporate performance is ‘in-line with expectations’, as the company seeks to deliver £40 million in annualised cost efficiencies for group reinvestment. Updating the market, William Hill continues its digital recovery, recording a 13% increase in online wagering, combined with 6% net …

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Betfred expands its Playtech SSBT inventory

Playtech BGT Sports (PBS) has agreed a second deal this year to install an additional fleet of self service betting terminals (SSBT) across Betfred’s 1,700 strong retail estate. The provider of omni-channel sports betting solutions, is to supply a number of its state of the art widescreen terminals to the operator’s best performing shops. John Pettit, Managing Director for the …

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Australia geared for “the race that stops a nation”

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A crowd of 100,000 people are expected to descend on Flemington Racecourse on Tuesday for the 2017 Melbourne Cup. ‘The race that stops a nation’ is the most prosperous handicap race in the world, with prize money of $6.2m available this year, and a rich history dating back over 150 years. Ahead of the race, at 4am tomorrow (Tuesday 7th November) …

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Half a billon Melbourne Cup Carnival represents ‘make-or-break’ territory for Australian bookmakers

Australian sports betting industry stakeholders are gearing up for a market breaking ‘half-a-billion’ Melbourne Cup Carnival week (4-11 November). Flemington Racetrack is certain of sell-out crowds each day, as its showpiece Carnival takes over Australian sports commentary, context and debate. Carnival week is ‘make-or-break’ territory for Australian bookmakers. Last year it was reported that Australian betting giant Tabcorp, had signed-up …

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