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Oceania News

Betmakers to bring fixed odds betting to New Jersey’s Monmouth Park

Sydney-listed sportsbook supplier BetMakers Technology Group has secured the rights to offer fixed odds horse race betting at New Jersey racetrack Monmouth Park.

The five-year deal with the New Jersey Thoroughbred Horsemen Association and Darby Development, owner of Monmouth Park racetrack, will see BetMakers offer fixed odds betting to bettors via [...]

1 min read

New Zealand casinos return to normal as COVID-19 restrictions lifted

The government of New Zealand has confirmed that the country will move to Alert Level 1 of its COVID-19 recovery plan from June 9, lifting restrictions on mass gatherings, including land-based casinos.

From midnight tonight, New Zealand will no longer have restrictions on work, school, sports or domestic travel, and limits [...]

1 min read
Intralot

US growth fails to offset first quarter revenue decline for Intralot

Athens-listed gaming supplier and operator Intralot has reported a 47 per cent drop in revenue to €102.0m for the first quarter of 2020.

Intralot’s systems handled €3.7bn of worldwide wagers during the quarter, an increase of 6 per cent versus a year ago, benefiting from strong growth in Eastern Europe as [...]

1 min read
Flutter Entertainment

Flutter Entertainment sees improved momentum in Q2

London-listed gaming operator Flutter Entertainment has reported strong trading in the first six weeks of the second quarter, driven by the recently acquired Stars business and growth in Australia and the United States.

The company said in a trading update Thursday that it is seeing improved momentum, despite the ongoing disruption [...]

1 min read
Flutter Entertainment

Flutter Entertainment to raise £812.6m to drive continued expansion

London-listed betting and gaming operator Flutter Entertainment is seeking to raise £812.6m from a private placement of more than 8m new shares with institutional investors including US media giant Fox Corporation.

A total of 8,045,995 new ordinary shares in the company have been placed by Goldman Sachs International and J&E Davy [...]

4 mins read
PointsBet

PointsBet sees positive momentum ahead of Australian sports return

Australian and US sports betting operator PointsBet Holdings said Wednesday that it continues to see positive trends in its Australian business, driven by a shift in gambling spend online as a result of retail venue closures.

Despite the significant disruption of COVID-19 to key sporting leagues such as the National Rugby [...]

1 min read

New Zealand’s RITA lays off TAB staff due to COVID-19

New Zealand’s Racing Industry Transition Agency (RITA) has confirmed that it will lay off around 230 roles in response to the impact of COVID-19.

The decision follows consultation with staff on a range of proposed changes aimed at ensuring a sustainable future for the business to meet the needs of New [...]

1 min read
Football

IBIA speaks out in favour of global sports data standards

The International Betting Integrity Association (IBIA) has called for an industry-wide debate about global sports data standards.

The IBIA said that all parties engaged in the supply of sports event data for betting should adhere to global best practice standards, after data supplier Stats Perform called for the industry be regulated [...]

4 mins read

Betway sponsors DreamHack Masters Spring online tournament

Online betting and gaming operator Betway has been named as the exclusive betting sponsor of the DreamHack Masters Spring online tournament.

Developed by MTG’s DreamHack, the esports tournament features 16 of the best Counter-Strike: Global Offensive (CS:GO) teams in the world competing for a share of a $300,000 prize pool.

The online [...]

2 mins read

Stats Perform leads call for regulation of data suppliers

Stats Perform has said the data supply industry should be regulated by an independent body, with Genius Sports Group and Sportradar generally supportive of attempts to increase standards.

The issue has risen to a head during the COVID-19 lockdown period, as data suppliers looked to fill empty sportsbooks with a range [...]

1 min read

Digital drives first half revenue growth for Aristocrat

Sydney-listed supplier and social casino operator Aristocrat Leisure has reported a 7 per cent increase in revenue to AUD$2.25bn for the six month period ended 31 March, following strong growth in its Digital business.

Revenue from Digital rose 27 per cent to $1.04bn, equivalent to nearly half of the H1 total, [...]

1 min read

Tabcorp secures debt waiver and scraps final dividend

Sydney-listed gaming operator Tabcorp Holdings will not to pay a final dividend in relation to its 2020 financial year after securing an agreement with its lenders to waive debt covenants until the end of the year.

Tabcorp has secured agreement from its bank lenders under its Syndicated Facility Agreement (SFA), representing [...]

1 min read
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