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Oceania News


Shareholders delight as gaming shares bounce back in August

August proved to be a good month for shareholders of many of the leading publicly-listed gaming operators and suppliers, as the combined value of the shares on the Gaming Intelligence Stock List increased by 9 per cent.

After a tricky start to the third quarter of 2021 as gaming shares struggled [...]

1 min read

BlueBet withdraws Virginia sports betting license application

Australian sports betting operator Bluebet Holdings lost more than 20 per cent of its share value Monday after confirming the withdrawal of its license application in the US state of Virginia.

The decision to withdraw the application follows advice from the Virginia regulator, which stated that with 18 applications received for [...]

1 min read

Strong year for PointsBet as sportsbook turnover soars to $3.78bn

Sydney-listed sports betting operator PointsBet has seen net win soar by 154 per cent to AUD$208.5m for the fiscal year ended 30 June, following strong growth in Australia and the United States.

Turnover from PointsBet’s Australian and US sports betting businesses rose 228 per cent to $3.78bn during the year, with [...]

1 min read

Jumbo enters Canadian charity lottery market

Sydney-listed online lottery provider Jumbo Interactive has entered into an agreement to acquire Canadian lottery management provider Stride Management for AUD$11.7m.

The acquisition of Stride marks another strategic step in Jumbo’s international expansion strategy following the successful acquisition of UK-based Gatherwell in November 2019.

Calgary-based Stride operates in the Canadian charitable lottery [...]

1 min read

PointsBet named as an approved sportsbook operator of the NFL

Sydney-listed PointsBet has been named as an approved sportsbook operator by the National Football League (NFL) for the upcoming 2021 season.

The agreement allows PointsBet to use official NFL data and provides sponsorship opportunities and brand visibility via unique integrations across various television and digital assets, including NFL-owned networks.

“The PointsBet team [...]

2 mins read

Aristocrat expands Digital capabilities with investment in three studios

Sydney-listed gaming operator and supplier Aristocrat Leisure has significantly expanded its digital game development capabilities in Europe with the acquisition of two studios and the creation of a third studio in Helsinki.

The investments are strongly aligned to targeted genres, particularly the high growth casual and merge/match 3 segments, as well [...]

1 min read

Sports and lotteries drive Tabcorp full year revenue growth

Sydney-listed gaming operator Tabcorp Holdings has reported a 9 per cent increase in revenue to AUD$5.69bn for the fiscal year ended 30 June.

The company's Lotteries & Keno segment saw revenue increase by 10 per cent year-on-year to $3.21bn, while revenue from Wagering & Media grew by the same percentage to [...]

1 min read

PointsBet enters West Virginia with online sportsbook

Sydney-listed betting and gaming operator PointsBet Holdings has rolled out its online sportsbook in West Virginia.

Having received regulatory approval from the West Virginia Lottery Commission, the PointsBet sportsbook is now live in its seventh US state, adding to its existing operations in New Jersey, Iowa, Indiana, Illinois, Colorado, and Michigan.

PointsBet [...]

1 min read

PointsBet strengthens global sportsbook trading team

Sydney-listed betting and gaming operator PointsBet has appointed Aonghus Mulvihill as vice president of global sportsbook trading.

Mulvihill will report to PointsBet group chief operating officer Mark Hughes and brings 15 years of international sports betting experience to the role, having previously served as commercial director of Flutter-owned Betfair International Sports.

Prior [...]

3 mins read
Flutter Entertainment

Flutter exceeds expectations as first half revenue surpasses £3bn

London-listed betting and gaming operator Flutter Entertainment has seen group revenue double to £3.05bn during the first half of 2021, buoyed by a strong performance from its online sports betting product.

Revenue soared by 99 per cent following the acquisition of The Stars Group (TSG) last year, with the 2020 comparative [...]

1 min read

BlueBet secures Arizona sports betting market access

Shares in Sydney-listed sports betting operator BlueBet Holdings gained over 8 per cent Tuesday after the company announced a market access deal with the Colorado River Indian Tribes (CRIT) and BlueWater Resort & Casino.

The agreement gives BlueBet access to Arizona’s regulated sports betting market, adding to its existing Iowa market [...]

1 min read

Gaming shares struggle for growth in July

July proved to be a struggle for many of the leading publicly-listed gaming operators and suppliers as the combined value of the shares on the Gaming Intelligence Stock List fell by more than 4 per cent by the end of the month.

After a solid first quarter of the year, followed [...]

1 min read
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