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Business
February 25, 2022
PointsBet Issues Financial Health Report, Shows Revenue Improvement
Australia-based sports betting operator wants to have a place on the global stage, and its entrance into the US market is going to help. The company has provided an update to its financial health, reporting its revenue for the first half of its current fiscal year. Despite a few bumps, it’s on track, but will […]
Business
February 24, 2022
Aristocrat Makes Executive Changes to Strengthen its Industry Position
Aristocrat Leisure has always been a leading name in the gaming industry but is working to do more. The slot machine manufacturer and online games developer has made a couple of executive shifts that it hopes will fulfill that mission. Executive Appointments Come to Aristocrat Trevor Croker, Aristocrat’s CEO, announced at the company’s annual general […]
Industry
February 23, 2022
ACMA Blocks Access to 12 More Illegal Gambling Sites
The Australian Communications and Media Authority (ACMA) has been relentless over the past years in suspending illegal gambling websites. The watchdog’s first salvos against the black market may have seemed like run-of-the-mill saber-rattling but the regulator has been able to suspend over 400 illegal gaming sites so far, with some 160 operators opting to leave […]
Business
February 23, 2022
Tabcorp and Lottoland Awarded Dual Keno Licenses in Australia
Australian gambling company Tabcorp and Lottoland, the national online lottery operator, have been awarded 20-year licenses by the Victoria State Government to offer keno games in the jurisdiction. Lottoland Australia and Tabcorp may launch keno products starting on April 15 with the expiration date set for April 2042. Retail and Online Keno Products Both Coming […]
Industry
February 21, 2022
ACT Government Plans to Remove 363 Pokie Authorizations by 2024
The Australian Capital Territory (ACT) government is looking for deliberate post-COVID 19 pandemic policies to reach its 2024 target for 3500 pokie authorizations in the territory’s clubs. The target was established in accordance with the Labor-Greens governing and parliamentary agreement. The agreement also touches on other sensitive matters like housing and climate. ACT’s Government Has […]
Sports
February 21, 2022
Australia Soccer Fans Call AFL Gambling Ads as Problem
Footie fans in Australia are worried about what their favorite game has come to according to a new poll originally reported by The Age, an Australian media outlet. Among the issues that commonly spark debate are umpiring and rule changes, but a good number of fans (37%) are also worried about the prevalence of gambling […]
Casino
February 18, 2022
Crown Resorts Turns a Corner, Doubles Down on Recovery
Crown Resorts has faced some of its most challenging years of operations, with the company buffeted by regulatory headwinds, lack of travelers and players, and stringent COVID-19 restrictions that kept many properties on shutdown or running skeletal services. To Crown Resorts managing director and CEO Steve McCann, the worst may now be over with the […]
Industry
February 18, 2022
ACMA Sees Increase in Online Gambling in First Half of 2021
The Australian Communications and Media Authority (ACMA) has long embarked on a mission to uproot illegal online gambling in the country. Several years after the first salvo was fired, Australians seem to be gambling more despite the pandemic. Yet, the findings of a new survey by the watchdog may be justified. Online Gambling Climbs up […]
Business
February 17, 2022
Tabcorp Lottery and Keno H1 FY2022 Results Drive Share Price up 5%
Australian racing and sports betting firm Tabcorp has seen an increase in its revenue in the first half-year of FY 2022. The surveyed period ended on December 31, 2021, and resulted in revenues of AU$2.93 billion ($2.11 billion) or up 2.2%. The period is noted down as H1 2022 because of the specific way Tabcorp […]
Business
February 10, 2022
Tabcorp, Entain Run Neck-and-Neck to Take Over Western Australia’s TAB
Western Australia (WA) has selected the shortlist for the second and binding bid phase of its TAB auction. The field is led by ASX-listed Tabcorp and Entain, which runs bookmakers Ladbrokes and Neds. WA expects the provider of online and retail outlet wagering services in the state to have a formal data room open by […]