Tag Archives: UBET

Hot pursuit is on for Tabcorp shake-up

The board of Tabcorp Holdings is reportedly reviewing a number of individual offers and options from companies looking to acquire its TAB wagering and media units. Grabbing yesterday’s business headlines, FTSE100 Entain Plc revealed its interest to acquire TAB units and merge the heritage betting brand with its active Australian market portfolio.  Despite its public announcement, Entain chose not to …

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Intralot strengthens U*BET offering with virtual sports addition

Intralot and its Maltese subsidiary, Maltco Lotteries, have launched a new U*BET Virtual Sports product, which will broaden U*BET’s sports betting portfolio. The product, which will be provided in collaboration with Inspired Entertainment, will be made available across Maltco Lotteries’ retail network which the company hopes will be a ‘key driver’ in offering a ‘diversified and entertaining sports betting portfolio’. …

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Intralot enhances Malta games offering with E*SOCCER launch

Intralot and its Maltese subsidiary Maltco Lotteries have strengthened their portfolio of virtual sports with the launch of E*SOCCER. The product, which is hoped to strengthen Maltco Lotteries’ U*BET sportsbook, will be made available across Maltco Lotteries’ retail network, offering betting opportunities on worldwide electronic football leagues of FIFA20, powered by Sportradar. “Maltco Lotteries is always seeking to innovate and …

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Tabcorp enlargement struggles test investor patience

Australia ASX-listed gambling group Tabcorp Holdings Plc has posted an underwhelming corporate performance, publishing its half-year 2019 trading results (six-month period ending 31 December 2019). Despite recording a 4% increase in corporate revenues to AUS 2.9 billion, Tabcorp results detailed a number of concerns for investors as it delivered a further quarter trading performance below market expectations. Tabcorp’s group performance …

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Tabcorp places ‘revitalising TAB’ at top of its enlarged agenda

Australia ASX-listed gambling group Tabcorp Holdings Plc, has upgraded its corporate integration and synergy targets, as governance aims to display the firm’s enlarged capacity across all product verticals and services. Publishing its interim 2018/19 results (period ending 31 December 2018), a significantly enlarged Tabcorp records group revenues of AUS $2.7 billion, primarily attributed to incorporating Tatts Group keno and lottery …

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Tabcorp appoints M&C Saatchi to develop new AUS profile

Australian marketing news source Mumbrella has reported that ASX gambling group Tabcorp Holdings has awarded its creative advertising account to M&C Saatchi Australia. The Sydney based marketing agency will takeover the AUS $ multi-million account from incumbent Clemenger (BBDO Group), who have served as Tabcorp’s creative lead since 2016. Mumbrella reports that M&C Saatchi, were not required to pitch for …

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Tabcorp drops UBET focusing on TAB as lead betting domain

Australia ASX-listed gambling group Tabcorp Holdings has confirmed it will utilise its flagship ‘TAB’ brand as its lead sports betting property. Tabcorp governance continues its corporate re-alignment, integrating the assets of Aus $11 billion merger partner Tatts Group, detailing that its enlarged enterprise will deliver ‘stronger consumer-facing properties’ in 2019. The decision to lead with TAB as its sole sports …

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UBET moves towards paperless betting with new product

Australian bookmaker UBET has unveiled a new digital product that it hopes will eventually lead to paperless tickets in its betting shops. Named TAPPY, the new product allows customers to build a bet on their phone, after which they will receive a unique code that can be scanned at terminals to receive a cash payout. Customers will also have access …

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Tabcorp extends South Australia retail exclusivity

Australian gaming operator Tabcorp has seen a retail exclusivity within one of its home states receive an tentative extension agreement, pending approval by the Independent Gambling Authority. Operating through its wholly owned subsidiary ‘UBET SA Pty Ltd,’ the retail wagering license with South Australia is now set to be exclusive until the end of 2032, after its new arrangements are …

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Ladbrokes Coral & William Hill eyeing Tatts wagering assets

‘The Australian’ newspaper has this weekend reported that FTSE-listed betting operators’ Ladbrokes Coral and William Hill are eyeing the potential takeover of ASX-listed Tatts Group’s sports betting assets, should the company be acquired by the Pacific Consortium. Last week, Pacific Consortium a group of investors led by London private equity firm Macquarie and New York fund KKR made a formal AUS …

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