Oceania News

Gaming Innovation Group

Betgenius and Gaming Innovation Group to offer complete sportsbook solution

Oslo-listed iGaming solutions provider Gaming Innovation Group (GiG) has partnered with sports data provider Betgenius to offer a fully integrated sportsbook and platform solution for operators in regulated markets.

The strategic partnership combines GiG’s platform technology with end-to-end live data, trading and risk management services from Betgenius for a complete sportsbook [...]

3 mins read

New Zealand’s SkyCity enjoys first contributions from online launch

New Zealand’s SkyCity Entertainment Group has generated revenue of NZ$4.5m from its newly launched online casino operations during the financial year ended 30 June.

Launched last August in partnership with Gaming Innovation Group, the operator said that it had experienced strong growth in customer registrations, first-time depositors and gaming revenue during [...]

1 min read

PointsBet set to raise AUD$303m to support US expansion

Australian and US sports betting operator PointsBet Holdings is looking to raise approximately AUD$303m through a new capital raising to support its long-term strategy.

The capital raising comprises a fully underwritten accelerated pro rate renounceable entitlement offer with retail rights trading to raise $153.2m at $6.50 per share, as well as [...]

1 min read

Ainsworth Game Technology sees full year revenue decline 36%

Sydney-listed Ainsworth Game Technology (AGT) has reported a 36 per cent fall in revenue to AUD$149m for its fiscal year ended 30 June, after seeing second half revenue decimated by the COVID-19 pandemic.

The company said that results were severely impacted by the coronavirus during the final quarter of the financial [...]

1 min read
Flutter Entertainment

Flutter Entertainment reports strong H1 growth

London-listed gaming operator Flutter Entertainment grew revenue by 49 per cent in the first half of the year with its acquisition of The Stars Group, as well as strong growth in Australia and the United States.

Flutter Entertainment’s group revenue for the six-month period amounted to £1,536.1m compared to £1,019.9m in [...]

1 min read

Jumbo Interactive sees full year revenue grow to $71m

Sydney-listed online lottery provider Jumbo Interactive has reported a 9 per cent increase in revenue to AUD$71m for its fiscal year ended 30 June, as the COVID-19 pandemic brought increased players online.

The company delivered a 9 per cent increase in ticket sales (total transaction value) to $349m during the year, [...]

1 min read

IMG Arena secures Brazilian basketball live streaming extension

London-based IMG Arena has secured a six-season extension to its live streaming partnership with the Brazilian Liga Nacional de Basquete (LNB).

The deal with the LNB, which brings together the top tiers of Brazilian professional basketball, covers an increased number of matches from the Novo Basquete Brasil (NBB) league, as well [...]

2 mins read

Tabcorp full year revenue drops 5% despite digital growth

Sydney-listed gaming operator Tabcorp Holdings has reported a 5 per cent drop in revenue to AUD$5.22bn for its fiscal year ended 30 June, with a strong lottery performance unable to offset the impact of retail closures as a result of COVID-19.

Revenue from Lotteries and Keno increased by 2 per cent [...]

1 min read

ACMA looks to block another eight illegal gambling sites

The Australian Communications and Media Authority (ACMA) has identified a further eight illegal offshore gambling sites that will now be blocked by the country’s internet service providers (ISPs).

The ACMA has advised Australian consumers to immediately withdraw any funds deposited with the sites, ahead of the start of ISP blocking.

The sites [...]

1 min read

PGA Tour signs up PointsBet as an official betting operator

Sydney-listed PointsBet has become the latest operator to agree an official betting partnership with golf's PGA Tour.

The multi-year content and marketing deal gives PointsBet the right to use official PGA Tour marks in the United States, and to advertise within Tour media and partner platforms.

The agreement also provides the operator [...]

3 mins read
Lotto New Zealand

Lotto New Zealand sees surge in online play during lockdown

Lotto New Zealand has outlined plans for a new technology platform after experiencing disruptions due to surging demand for online lottery products.

Lotto New Zealand has recorded nearly 200,000 new online registrations since COVID-19 related restrictions came into force in March, with online sales last week accounting for 40 per cent [...]

1 min read

Queensland bill aims to prohibit online wagering inducements

Draft legislation was introduced in the Australian state of Queensland Thursday to prohibit online wagering operators from offering inducements to new customers.

Queensland Attorney-General and Minister for Justice Yvette D’Ath said that the proposed law will help to minimise gambling related harm by preventing operators from offering any inducement to players [...]

1 min read
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