IN-DEPTH ANALYSIS FOR THE GAMING INDUSTRY
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Ainsworth CEO to step down in 2019
Ainsworth Game Technology has announced Danny Gladstone will step down as the supplier’s CEO after 30 June 2019. Gladstone was appointed in...
Ainsworth reports drop in revenue and profits for the financial year
Ainsworth Game Technology reported a 6% year-on-year decrease in its revenue from operating activities to A$265.5m (US$193.6m) for the financial year...
Australia regulator bans gambling advertising during online streaming
The Australian Communications and Media Authority (ACMA) has extended its gambling advertising ban to include live sport streamed online. Earlier this year,...
Star Entertainment annual revenue rises
Australian casino operator Star Entertainment Group grew its revenue 6% to A$2.6bn ($1.9bn) for the year up to 30 June . Normalised...
Ladbrokes Australia pulls out of gaming reform strategy
Ladbrokes has distanced itself from a multi-company collaboration on safer gambling strategies in Australia. The operator had been working with the Australian...
Crown Resorts “solid performance” in full-year results
Crown Resorts hailed a “solid performance” inits full-year results, reporting net profit after tax of A$326.7m ($242m). Normalised EBITDA across Crown Resorts...
Tabcorp annual revenue up 71% despite a number of setbacks
Tabcorp Holdings has recorded a year-on-year revenue increase of 71% to AU$3.8bn ($2.8bn) for the year ended 30 June 2018. EBITDA saw...
Sportcast and Ladbrokes Australia launch acca-building product
Supplier Sportcast has teamed up with operator Ladbrokes Australia to launch Multiverse – an accumulator betting product free of limitations. Multiverse, confirmed...
Crown Resorts maintains Melbourne casino licence
Crown Resorts will maintain its licence to operate the Crown Melbourne, following a review by regulators in Victoria, Australia. The Victorian Commission...
Crown Resorts’ tax dispute to go to court
Casino operator Crown Resorts are scheduled to appear in court next month, as they challenge a AUS$362m ($270m) tax bill, after...
Racing Australia launches new regulation to combat illegal offshore bookmakers
Racing Australia, the governing body for Australia’s thoroughbred racing, is set to introduce strict new rules to tackle illegal offshore betting...
Sportsbet successful on federal court injunction against CrownBet
Australian online sports betting operator Sportsbet have been successful in a federal court injunction, which will prevent CrownBet from rebranding themselves...
Australia bans Lottoland's lottery-betting website
Tabcorp, the Australian gambling and entertainment giant, won a major political victory late Thursday when parliament banned Lottoland and other online...
Australia to study loot box links to gambling
Australia's Senate passed a motion on Wednesday to investigate loot box systems in video games after a study found that loot...
Australia's increase in mobile betting drives online wagering
Australians are increasingly using mobile phones to place bets - but fewer are taking a punt, according to a study by Australian...
DraftKings launches in Australia as territories introduce new taxes
Boston-based daily fantasy sports platform DraftKings has announced that it has now officially launched in Australia, despite more territories introducing high...
Victoria proposes new online gambling tax
A new levy proposal by Treasurer Tim Pallas in the Australian State of Victoria would see online gambling companies taxed 8%...
Silver Heritage Group CEO resigns
Asia-focused gaming operator, Silver Heritage Group has announced the resignation of David Green, Chairman and Non-Executive Director. In a filing on the...
James Packer's Crown Resort Board vacancy filled
Crown Resorts Limited has announced John Poynton as the replacement for the vacant board position left by James Packer. James Packer left...
Crown Resorts fined for faulty machines in Melbourne
Crown Resorts Limited has announced that its Crown Melbourne operation has been fined $226,000 after 17 of their electronic gambling machines...
PlayUp acquisition spree continues with ClassicBet
The fantasy sports company PlayUp Australia Limited has announced that it has acquired the online gaming operator ClassicBet during a month...
DraftKings heads down under with Australian expansion
American daily fantasy sports company DraftKings has announced that it will begin offering daily fantasy sports (DFS) contests to Australian punters...
William Hill exits Australia with CrownBet sale
International bookmaker William Hill has announced the sale of its Australian business to fellow Australian bookmaker CrownBet, in an A$313.7 million...
The Stars Group acquires CrownBet in $117.7m deal
The Stars Group have announced the completion of a $117.7m deal to acquire a 62% equity interest in Australian sports betting...
Crown Resorts agrees to the $150m sale of CrownBet
Concluding in 2017, Crown Resorts announced that it has agreed to the $150m sale of its majority stake in CrownBet that...
Tabcorp Tatts Group $11.3bn merger begins
One of the gambling industry's longest running corporate mergers came to a head today when Australian lottery operator Tabcorp successfully began...
Date set for Tabcorp/Tatts merger following Supreme Court approval
The long running A$11.3bn merger saga concerning Australia’s two biggest lottery operators, Tabcorp Holdings and Tatts Group looks to be coming...
Australian bookies up the ante against 15% consumption tax
Australian online gambling companies have upped the ante on their lobbying attempts to block a 15% tax on digital betting in...
Australian Competition authorities drop opposition to Tabcorp/Tatts merger
The Australian Competition and Consumer Commission (ACCC) has dropped its long standing opposition to the AU$11bn merger between Australian lottery operator...
Aristocrat acquires yet another gaming company for a cool $990m
Australia-based gaming supplier, Aristocrat Leisure has said that it will acquire Seattle-based gaming company, Big Fish Games for $990m. ...
Ball Street CEO exclusive: Gambling companies are “almost in denial” over advertising regulation
Yggdrasil Chief Studio Officer: More branded slot games are a "definite possibility"
Two-Up Digital CEO: "The sports betting product is boring and is in need of excitement"
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