Facing competition from Racing Victoria and Seven West Media joint-venture Racing.com, Australian gambling operator Tabcorp has been forced to significantly up its bid in order to maintain its racing broadcast rights in Australia and New Zealand. The Australian Financial Review (AFR) has reported that Tabcorp governance are prepared to pay AUD $26 million (£16 million) to secure racing content rights …
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Ladbrokes sponsors 2016 Rugby League Four Nations
Ladbrokes has become the title sponsor of the 2016 Rugby League Four Nations. Already a sponsor of the Challenge Cup and Super League, the deal will see Ladbrokes strengthen its presence in the UK and Australian markets, and extend its partnership with the sport into the international arena. Ladbrokes will get premium brand exposure from the seven matches featuring England, …
Read More »International restructure sees Intralot post H1 2016 growth
Updating the market on its H1 2016 performance (period ending 30 June), Athens-listed gambling systems provider Intralot has declared that a reorganisation of international portfolio has helped the company deliver top-line growth. Driven by growth in its markets of US, Turkey and Bulgaria, Intralot would record H1 2016 group revenues of €639 million (H1 2015: €618 million). The improved group …
Read More »NZ TAB confirms talks with Australia’s Tabcorp
Tabcorp is part of a 3-way race for a wagering deal with New Zealand’s TAB, as the Australian company looks to push into overseas markets and diversify its earnings. NZRB chief executive John Allen commented: “The New Zealand Racing Board is currently in discussions with three organisations, of which Tabcorp is one, to explore options to automate our fixed-odds betting …
Read More »Tabcorp and German Tote to pool totalisators
Germany’s totalisator is the latest to join Tabcorp’s multi-billion dollar wagering pools, following an agreement completed between Tabcorp and German Tote. German Tote is majority-owned by French wagering operator Pari Mutuel Urbain (PMU), while German racetracks (BGG Betriebsgesellschaft der Galopp-Rennvereine mbH) also have a minority stake. The deal will involve the German Tote taking all Australian thoroughbred and harness racing and co-mingling their …
Read More »MRG Systems – new solutions to address the global growth in sports betting
SBC spoke to MRG Systems, a company renowned for cutting edge display technology predominantly in the betting shop environment, to discuss what the firm’s plans were in the face of industry consolidation. SBC: MRG Systems were up for sale last year, but nothing seemed to progress. What happened? Are you still up for sale? MRG: The short answer is that …
Read More »Andy MacKenzie – what punters are predicting for Rugby World Cup
Andy MacKenzie of spread betting firm Spreadex reveals what spread betting punters are making of the Rugby World Cup. Rugby World Cup fever is about to envelope the nation and spread betters are also salivating at the prospect of six weeks of in-play betting opportunities, starting with England v Fiji on Friday. A total of 20 nations will compete in …
Read More »Unibet renames New Zealand RWC team the ‘All Backs’ as all markets favour Kiwi wins!
Bookmakers are fearing the might of the All Blacks as kick off for the 2015 Rugby World Cup (RWC) dawns this Friday (1st Match –England Vs Fiji at Twickenham ). The New Zealand team which aims to retain its 2011 RWC title, has only lost 3 matches in 47 tests since 2012. Nearly all rugby insiders are in agreement that …
Read More »New Zealand re-appoints Graeme Reeves as Gambling Commissioner
New Zealand’s Ministry of Internal Affairs has confirmed the re-appointment of Graeme Reeves as Chief Gambling Commissioner. Reeves, a commercial lawyer with experience in commercial and property law, previously served as a director of the Airways Corporation for New Zealand and spent time as a director of New Zealand Post. The re-appointment of Reeves is announced as New Zealand Racing …
Read More »New Zealand Racing urges government to clamp down on remote operators
Following on from the November 2014 announcement that New Zealand Racing had created a task force to look into policing and monitoring remote online betting. New Zealand Racing Minister Nathan Guy has urged the government to crack down on online gambling operators targeting the nation’s consumers. Guy highlighted that the rising popularity of remote based gambling and sports betting operators …
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