Tag Archives: Sportsbet Australia

Paddy Power Betfair positive on performance despite facing new international realities

FTSE100 betting group Paddy Power Betfair Plc (PPB) has readjusted its full-year 2018 underlying EBITDA to be between £460 – 480 million range, detailing that its momentum will be impacted by the introduction of ‘new taxes in Australia and costs incurred by its acquisition of US fantasy sports operator FanDuel’. Despite the cost adjustments, PPB governance declares positive interim H1 …

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More Please! Sportsbet Australia recommissions SportCaller FTP games

Paddy Power Betfair (PPB) Australian subsidiary Sportsbet (Sportsbet.com.au) has launched a host of tailored ‘free-to-play (FTP)’ sports games developed by SportCaller studios, designed to broaden the bookmaker’s audiences and improve retention. Sportsbet expands its existing partnership with SportCaller games development, which saw the bookmaker launch its NBA mobile game as its first FTP game property. PPB’s Australian sportsbook has recommissioned …

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Peter Jackson – Paddy Power Betfair eyes growth in disruption  

Taking on Paddy Power Betfair’s Q1 investor conference call, Group Chief Executive Peter Jackson has stated that the FTSE100 betting group has made substantial progress on its key initiatives, despite closing a disappointing trading period. With PPB development teams delivering the firm’s combined technology platform this January, Jackson details significant progress on his initial leadership goal of ‘returning Paddy Power …

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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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Peter Jackson makes first moves as Paddy Power Betfair CEO

Having taken over the official leadership duties of Paddy Power Betfair (PPB) this week, new Chief Executive Peter Jackson has announced two major executive appointments for the FTSE100 bookmaker. Issuing a short statement, PPB governance confirmed the promotion of Dan Taylor to the newly created role of Chief Executive of Europe. A Paddy Power executive since 2015, Taylor has previously …

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Home crunch triggers FTSE bookmakers’ Australian arms race

FTSE bookmaker William Hill Plc has lit-up the Australian gambling market, by confirming that it has entered ‘in-depth discussions’ with Crown Resorts to acquire its controlling 62% stake in online betting subsidiary Crownbet. The cumbersome merger of Tabcorp-Tatts has dominated the Australian betting industry’s agenda and context in 2017, however, seeking to expand its international assets William Hill may have …

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Paddy Power Betfair – Breon Corcoran leaves ‘fine-tuned machine’ for Peter Jackson

Taking on his last investor conference call as Paddy Power Betfair CEO, outgoing leader Breon Corcoran details that PPB’s executive team has achieved its enterprise year 2 ambition of securing ‘structural advantages’ within the firm’s enlarged operations. Closing a solid Q3 performance, in which PPB governance ups its 2017 year-end guidance to an EBITDA range of £450-465 million. Corcoran details …

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iSport Genius and Sportsbet announces partnership to invigorate Australian betting experience

Sisal - Copyright: anyaberkut / 123RF Stock Photo

Sports data platform provider, iSport Genius has signed a deal with Sportsbet that will allow the Australian online sportsbetting market to utilise a data proposition that informs and educates customers about their betting options. iSport Genius’ interactive consumer-facing platform leverages data via an intuitively designed interface and creates a large volume of engaging calls to action, helping to improve the …

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Australian sports stakeholders take stance against ban on betting advertising during sports broadcasts

Australian sports stakeholders are preparing to launch a fightback against the mandate put forward to the Malcolm Turnbull government which sets out to ban gambling advertising during sports broadcasts on all media verticals. This week Australian pro-sports executives were warned by Communications Minister Mitch Fifield that its restrictive gambling advertising mandate had been put forward to the cabinet for review, …

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ACMA files in-play complaint against Sportsbet Australia

The Australian Communications & Media Authority (ACMA) has reopened its investigation into in-play betting services by referring online bookmaker Sportsbet to the Australian Federal Police (AFP). Filing a complaint the ACMA claims that Sportsbet’s ‘Bet Live’ telephone betting product is in breach of Australia’s Interactive Gambling Act provisions regarding in-play wagering. The authority has asked the AFP for assessment of …

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