Oceania News


Scientific Games brings in Nick Negro as new finance chief

Lottery supplier Scientific Games has appointed Nick Negro as its new finance chief to replace the recently retired James Bunitsky.

Negro is a finance professional with 20 years of progressive financial, strategic, operational management and leadership experience, who has worked for the likes of Honeywell, Dover Corporation and Navistar.

He has been [...]

2 mins read

ATP selects Sportradar as next data and betting streaming partner

Sportradar has secured the right to distribute data and betting streams from the ATP Tour.

The company was selected as the successful bidder for the global ATP data and betting streaming rights in an RFP process that launched in January and attracted submissions from five bidders.

“We are grateful to all the [...]

2 mins read

Genius Sports losses continue as US drives revenue growth

New York-listed sports data and technology provider Genius Sports has exceeded its guidance for 2022 as group revenue increased by 30 per cent to $341.0m, with revenue from the United States more than doubling.

The company enjoyed a strong finish to the year as fourth quarter revenue rose 25 per cent [...]

1 min read

Retail recovery drives Entain revenue growth but profit falls 93%

London-listed betting and gaming operator Entain grew full year net gaming revenue by 12 per cent to £4.35bn in 2022, with growth in retail operations offsetting a slight decline online.

Total online net gaming revenue (NGR) was below the company’s expectations and fell by 1 per cent to £3.05bn in 2022, [...]

1 min read

PokerStars renews sponsorship of F1’s Red Bull Racing

Flutter Entertainment-owned PokerStars has renewed its sponsorship of Formula 1’s Oracle Red Bull Racing team for a second season.

PokerStars is returning to the racetrack with plans to bring fans closer to F1 through behind-the-scenes content and experiences throughout the season.

The partnership will also see the PokerStars brand feature on the [...]

3 mins read

Entain fined in Australia for responsible gambling failings

Entain’s Ladbrokes sports betting business in Australia has been fined AUD$78,540 for responsible gambling failures that occurred between 2018 and 2020.

The fine follows an investigation launched by the Northern Territory Racing Commission in August 2020 into the activities of a gambler who lost AUD$758,510 on deposits of more than $2.2m [...]

1 min read

TAB NZ betting turnover fall 5% in January

TAB NZ’s betting turnover from racing and sports fell by 5 per cent year-on-year in January to NZ$230.1m (€134.6m).

The monthly turnover was actually NZ$2m ahead of budget, with the operator reporting that it had won back a number of high value customers from offshore competitors, which helped to strengthen turnover.

Gross [...]

1 min read
Flutter Entertainment

Flutter full year revenue grows 27% as US tops £2.6bn

London-listed betting and gaming operator Flutter Entertainment has reported strong results for 2022 as group revenue increased by 27 per cent to £7.69bn, including £2.6bn in revenue from the United States.

Revenue from sports betting grew by 21 per cent year-on-year to £4.79bn, while gaming revenue was up 23 per cent [...]

1 min read

Americas drive first half revenue growth for Ainsworth

Sydney-listed gaming supplier Ainsworth Game Technology (AGT) has reported a 23 per cent increase in revenue to AUD$124.1m for the six-month period ended 31 December 2022, buoyed by continued growth in the Americas.

International revenue grew by 20 per cent year-on-year to $100.9m and now accounts for 81 per cent of [...]

1 min read

PointsBet shares dip as first half loss widens to AUD$178.2m

Sydney-listed betting and gaming operator PointsBet has reported a 24 per cent increase in net win to $182.2m for the financial first half period ended 31 December 2022, although higher expenses widened the company’s loss for the period.

Sports betting turnover increased by 40 per cent to $3.23bn, with the US [...]

1 min read

Higher expenses push BlueBet into loss

Australian and US sports betting operator BlueBet Holdings has posted a loss of AUD$9.9m for the first half of its 2022/23 financial year after seeing net win decline by 5 per cent.

Turnover increased by 6 per cent to $280.5m during the six-month period ended 31 December, with active customers climbing [...]

1 min read

BetMakers reduces loss as revenue climbs to AUD$46.7m

Sydney-listed betting technology provider BetMakers has reported a 7.5 per cent increase in revenue to AUD$46.7m for the financial half-year period ended 31 December 2022.

The year-on-year growth was driven by a 21 per cent increase in revenue from the company’s Global Betting Services division to $21.7m, benefiting from the launch [...]

1 min read
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