Tag Archives: Matt Tripp

BetMakers tables AUS $4bn buyout of TAB to tempt shareholders to form a new Aussie giant.  

BetMakers has become the latest suitor to show its hand in the pursuit to acquire Tabcorp Holdings TAB wagering and media unit.  The ASX-listed racing and wagering systems provider submitted its deal proposal, which values Tabcorp wagering assets at AUS $4 billion (€2.5bn). Wooing Tabcorp shareholders, BetMakers stated that it had proposed the most compelling acquisition for TAB, whose customer …

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BetEasy pens Australia sports betting agreement with NBA

The National Basketball Association (NBA) has penned an exclusive agreement with Stars Group-owned BetEasy to enter into its first ever sports betting partnership in Australia. As part of the agreement, BetEasy will have access to and be able to use official NBA betting data and marketing materials. In addition, BetEasy will work closely with the NBA to protect the game’s …

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Tripp rebirths ‘BetEasy’ for CrownBet and William Hill Australia merger

The merger of CrownBet and William Hill Australia, formed under the majority ownership of Toronto TSX-listed The Stars Group Inc has led to the upcoming relaunch of ‘BetEasy’. Under the leadership of Australian industry veteran Matt Tripp, BetEasy will seek to become the leading player in the much-changed Australian online betting sector. Tripp had previously operated legacy online betting brand …

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On a Tripp… Ashkenazi tasks CrownBet with delivering Australian gold

Toronto TSX-listed The Stars Group Inc has perhaps undertaken the industry’s boldest investment of 2018, expanding its global footprint within a drastically altered Australian online betting market. Yesterday Stars Group Chief Executive Rafi Ashkenazi confirmed that his firm would increase its recently acquired majority stake in CrownBet Holdings, from 62% to 80%. March 2018, has delivered a widespread change to …

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The Stars Group moves to quickly expand Australian investment

Following this morning’s news that William Hill has sold its entire Australian business division to competitor CrownBet for AUS $300 million (€185 million), Toronto TSX-listed The Stars Group Inc has moved to strengthen its Australian position. Issuing a market update, Stars Group informs that it will move to increase its equity in CrownBet from 62% to 80%. On 27 February, …

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Crownbet & Paddy Power Betfair in duel for William Hill Australia

The Australian Financial Review has revealed that CrownBet and Paddy Power Betfair subsidiary Sportsbet.com.au are the two suitors bidding for William Hill Australia. Both operators are reported to have confirmed their interest this week in pursuing William Hill’s troubled Australian business division and will be allowed to perform due diligence on the asset to prepare their formal bids. The update, …

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BetEasy re-brands to Crown Bet

Australian bookmaker BetEasy is set to re-brand to Crown Bet, as the Matt Tripp operator sets to incorporate Crown Resorts’ brand and online betting services under a joint venture between the two firms. The move sees James Packer’s Crown Resorts enter the (AUS) $13 billion Australian online sports betting market. The online joint venture between the two companies had been …

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Sportsbet wins ‘Operator of the Year’ at EGR Australia Awards

Paddy Power owned Australian betting operator Sportsbet.com.au won ‘Operator of the Year’ at the eGaming Review Australia Awards, held at the Sydney Shangri-La Hotel. Sportsbet.com.au beat competition from Australian focused betting operators TAB and Tom Waterhouse (William Hill) and international operator Betfair to claim the ‘Operator of the Year’ title. The Paddy Power Australian sports betting subsidiary also took home …

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