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PlayUp

PlayUp fined in Australia over self-exclusion failure

PlayUp has been fined by the Northern Territory Racing Commission (NTRC) in Australia after a self-excluded player was allowed to open a new account and resume gambling.

The NTRC, which licenses a host of online betting operators in Australia, has ruled that PlayUp Interactive contravened condition 15 of its sports bookmaker [...]

1 min read
BlueBet

BlueBet shares climb on strong Q4 performance

Australian and US sports betting operator BlueBet Holdings has recorded a 1 per cent drop in net win to AUD$54.0 million in its financial year ended 30 June, despite strong growth during the final quarter of the year.

Turnover in the company's fourth quarter rose by 7 per cent year-on-year to [...]

1 min read

First civil penalty proceedings issued for illegal gambling in Australia

The Federal Court of Australia has ordered Diverse Link to pay a civil penalty of AUD$5 million for breaching the country’s Interactive Gambling Act 2001 (IGA).

In a judgment released Monday by Justice David Thomas, Diverse Link was found to have provided a prohibited interactive gambling service through Redrawpoker.com and the [...]

1 min read
Kindred office Stockholm

Kindred Group delivers strong second quarter as revenue hits £307.3 million

Kindred Group has reported a 29 per cent increase in revenue to £307.3 million for the second quarter of 2023, buoyed by strong growth in its core markets.

Gross winnings revenue from Kindred’s B2C business grew by 28 per cent to £298.3 million, while B2B revenue from Relax Gaming increased by [...]

1 min read
PlayUp

PlayUp loses New Jersey license

PlayUp has lost its license to operate in New Jersey after failing to respond to information requests from the Division of Gaming Enforcement (NJDGE).

The New Jersey regulator had been seeking information on the company’s finances, including details of employee withholding tax payments, payroll registers, and bank statements.

The information request was [...]

1 min read

BetMakers adds Penn National content for fixed odds wagering

BetMakers Technology Group has added racing content from Penn National Race Course to its fixed odds wagering product in New Jersey.

The agreement enables customers of MonmouthBets in New Jersey to place fixed odds bets on races from Penn National Race Course in Pennsylvania, with additional Penn racetracks expected to be [...]

2 mins read

OpenBet to provide odds and pricing for professional bull riding

Endeavor-owned sports betting solutions provider OpenBet has agreed a deal to provide official pricing and odds on Professional Bull Riders (PBR) events for the first time.

The deal with PBR, which is also owned by Endeavor, will provide new betting opportunities for bull riding fans, beginning with next week’s 2023 PBR [...]

2 mins read

Victoria proposes gaming machine reforms to reduce gambling harm

Electronic Gaming Machines (EGMs) in the Australian state of Victoria will be subject to sweeping reforms under a new government proposal.

Premier Daniel Andrews announced the new reforms on Sunday alongside minister for casino, gaming and liquor regulation Melissa Horne, aiming to reduce gambling harm at venues with EGMs across the [...]

1 min read

Jumbo Interactive begins search for new CFO

Sydney-listed online lottery provider Jumbo Interactive has begun a search for a new finance chief to replace David Todd, who is stepping down for health reasons.

Todd has been Jumbo’s chief financial officer for the past sixteen years, but has advised the company’s Board of his intention to resign due to [...]

2 mins read

NSW establishes independent panel to oversee gambling reform

The New South Wales government has established an independent panel to oversee its gambling reform roadmap as it looks to reduce gambling harm across the Australian state.

The panel will oversee the state’s cashless gaming trial and recommend an implementation roadmap for gambling reform in NSW.

“We know the harmful effects of [...]

1 min read

Australia’s Federal Court concludes civil penalty proceedings against Crown

The Federal Court of Australia has ordered Crown Resorts to pay a AUD$450 million penalty after concluding civil penalty proceedings commenced by financial intelligence agency AUSTRAC.

AUSTRAC had launched civil penalty proceedings against Crown Melbourne and Crown Perth for historical breaches of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF [...]

1 min read

Australia set to launch national gambling self-exclusion register

Australia’s first national self-exclusion register for online gambling will launch next month, fulfilling one of the remaining recommendations of the National Consumer Protection Framework for Online Wagering.

The national self-exclusion register, BetStop, will launch on August 21 and will be administered by the Australian Communications and Media Authority (ACMA).

It will allow [...]

3 mins read
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