SAT, 29TH APR 2017
In-Depth Analysis for the gaming industry
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Legal & Regulatory
Mergers & Acquisitions
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Gambling News - Australia
Australia sets the tone with new online gambling reforms
In a continued effort to crack down on problem online gambling, an agreement has been reached among federal, state, and territory...
Pacific Consortium offers Tatts investors incentive to favour takeover bid
Pacific Consortium has agreed to allow Tatts to continue to pay dividends to its corporate shareholders, even if the proposed AUS$7.3bn...
Australia set to ban live sports betting ads
The Australian federal government is poised to introduce new laws as early as next week to ban gambling advertising during live...
Ladbrokes Coral grows in Australia despite concerns of looming tax changes
Ladbrokes Coral continues to grow steadily in Australia in the face of possible upcoming changes in regulation. From 1 July...
Pacific Consortium tables AUS$7.3bn all-cash bid for Tatts group
Pacific Consortium have today submitted a record AUS$7.3bn all-cash offer for the Australian gambling operator Tatts Group equating to $4.21 per...
32Red exits the Australian market following regulatory changes
As of today, 32Red will not accept any new registrations from any Australian punters. In line with Australia's new legislation,...
Australia outlaws online poker and live sports betting
Australia’s federal government has passed the Gambling Amendment Bill 2016 in order to close a number of regulatory loopholes, in turn...
Tabcorp fined $45m for anti-money laundering and counter-terrorism
The Federal Court has fined gaming operator giant, Tabcorp $45m for breaches of anti-money laundering and counter-terrorism financing laws on 108...
Tabcorp switch regulatory supervisor of Tatts Group merger
Australia-based gambling operator Tabcorp Holdings recently made a surprise move by switching the regulatory body supervising its merger with Tatts Group. ...
Sky Racing World Expands Partnership with TVG
Sky Racing World, distributor of horse-racing content to the Americas and subsidiary of Australian wagering operator Tabcorp, recently announced the expansion...
Tabcorp’s Sun Bets is a platform towards global expansion
Whilst UK-based companies have swamped the Australian market, Tabcorp now wants to play the UK bookies at their own game. Australian...
James Packer returns as Crown chairman steps down
Robert Rankin has stepped down from his role as chairman of Crown Resorts following a restructuring of the company’s senior governance....
Coles wants AU$1 maximum bets for pokies
Wesfarmers, operator of Coles and other retail brands have reportedly looking to pursue harm-prevention modifications to its poker machines, otherwise known...
Tabcorp found guilty of illegal gambling advertisements
Australian betting operator Tabcorp has been found guilty of illegally luring consumers to open new betting accounts. In August...
Consortium offers A$7.3bn counterbid for Tatts Group
A consortium including private equity firm KKR, Morgan Stanley Infrastructure and Macquaire Group Ltd has offered up to A$7.3bn to buy...
William Hill no longer courtside advertiser at Australian Open
Organisers of the Australian Open, which will be staged in January, have confirmed that the logo of bookmaker William Hill will...
Ladbrokes Australia integrates Digital Sports Tech’s ‘Player Props’
Ladbrokes Australia has agreed a deal with Digital Sports Tech, a B2B provider of sports betting solutions, who will provide the...
Ladbrokes Australia signs up to TopBetta's Global Tote platform
Online operator TopBetta Holdings has announced its entrance into a “landmark agreement” that sees Ladbrokes Australia sign on as the first...
Australia’s Olympic chief joins calls for $50m online lottery
Australia’s Olympic chief, John Coates has joined calls for the government to set up an AU$50m lottery to boost funding for...
Ladbrokes Coral show interest in acquiring Tabcorp
Ladbrokes Coral PLC, following the £2.3bn merger of Ladbrokes and Coral in November, are reported to be weighing up the possibility...
PokerStars may “block” players if Australia passes amendment bill
Daniel Sebag, CFO of PokerStars, announced during the Amaya’s Q3 earnings call that they would “block” Australian players if parliament passes...
Australia cracks down on online gambling operations
Australia’s federal government has implemented new legislation that will require online gaming operators active in the country to acquire local licences...
Australia to shut down Norfolk Island Gaming Authority amid corruption fears
The Norfolk Island Gaming Authority (NIGA) is to be shut down by the Australian Government, after a report found it to...
SkyCity Entertainment Group appoints new CEO
SkyCity has enlisted Graeme Stephens, current Chief Executive Officer of Sun International, a casino resorts and entertainment company listed on the...
Tabcorp shareholders voice disappointment on merger vote and executive pay
Some Tabcorp investors have expressed disappointment with Chairman Paula Dwyer’s decision to reject a vote on its deal with Tatts Group...
WantMyBet expands to Australasia
The UK social betting platform, WantMyBet, has signed a distribution deal with the Cardinal House Group to target mobile users in...
Tabcorp, Tatts agree A$11bn merger
Australian gambling giants Tabcorp Holdings and Tatts Group have unveiled the terms of a merger to create a A$11.3bn wagering powerhouse....
Tabcorp and Tatts merger talks back on
Australian business news sources are speculating whether a merger between leading gambling operators’ Tabcorp Plc and Tatts Group could be revived...
Australian greyhound racing given final reprieve
The New South Wales (NSW) Government has reversed its decision to ban greyhound racing, giving the sport “one last chance” to...
Ladbrokes Australia announces new CEO
Ladbrokes has announced a change in CEO for its Australia operations, with Dean Shannon being replaced by Paul Cherry. Shannon...
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