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Oceania News

Anaxi rolls out casino games with Penn in New Jersey

Anaxi, the iGaming division of Aristocrat, has agreed a deal to provide online casino games to Penn Entertainment in North America.

The agreement enables the rollout of classic Aristocrat titles such as Wild Lepre’coins, Wild Wild Nugget, and Miss Kitty to players in New Jersey via the Barstool website and app.

“We [...]

2 mins read
Sportradar

US drives strong first quarter revenue growth for Sportradar

Sports data technology provider Sportradar Group has reported a 24 per cent increase in revenue to €207.6 million for the first quarter of 2023, buoyed by continued growth in the United States.

Revenue from the RoW Betting segment increased by 25 per cent to €108.5 million during Q1, driven primarily by [...]

1 min read

Genius Sports shares soar on better than expected Q1 results

New York-listed sports data technology provider Genius Sports has reported a 13 per cent increase in group revenue to $97.2 million in the first quarter of 2023, surpassing its guidance by more than $5 million.

The year-on-year growth was driven by a 30 per cent increase in revenue from the company’s [...]

1 min read
IGT

IGT grows first quarter revenue despite Lottery decline

International Game Technology (IGT) has posted a 1 per cent increase in revenue to $1.06 billion for the first quarter of 2023, as growth from its Global Gaming and PlayDigital divisions offset a decline in lottery.

Global Lottery revenue fell 8 per cent to $624 million due to the sale of [...]

1 min read
Tabcorp

Tabcorp and Preston venue facing fine for allowing minor to gamble in Victoria

Australia’s Victorian Gambling and Casino Control Commission (VGCCC) has charged Tabcorp and the Preston Hotel for allowing a minor to gamble.

The state regulator launched its investigation after receiving a complaint about a minor being allowed to gamble on electronic betting terminals at the Preston Hotel on six occasions between May [...]

1 min read

Sportsbet ad under fire in Australia

Flutter Entertainment’s Sportsbet brand has been rapped by Australia’s Ad Standards Community Panel.

The self-regulatory authority of the Australian advertising industry found that a recent television ad for Sportsbet breached provisions of the AANA Wagering Advertising and Marketing Communication Code by implying a link between wagering and sexual success.

The ad opens [...]

4 mins read
GeoComply

GeoComply adds compliance and licensing expertise with OneComply acquisition

Geolocation and risk solutions provider GeoComply is expanding its offering after acquiring Vancouver-based compliance and licensing management platform OneComply for an undisclosed amount.

GeoComply said that the deal would enable the company to offer operators, suppliers and other licensed participants, a centralized licensing solution to help them streamline their compliance processes [...]

2 mins read
PointsBet

PointsBet Racing app goes live across the United States

PointsBet has launched a new standalone horse racing betting app in the United States in partnership with Stronach Group’s 1/ST Technology.

The PointsBet Racing app has been launched in 25 US states, ahead of the first of the Triple Crown series of races which begins this Saturday with the 2023 Kentucky [...]

2 mins read
Flutter Entertainment

Flutter Entertainment grows first quarter revenue to £2.4 billion

London-listed betting and gaming operator Flutter Entertainment has enjoyed a strong start to the year as revenue increased by 54 per cent to £2.41 billion in the first quarter of 2023.

The growth versus the same period last year was attributed to strong recreational customer growth across all divisions, with average [...]

1 min read

Victoria to push ahead with online betting tax increase

The Australian state of Victoria will increase its online betting point of consumption tax by 50 per cent next year.

The Point of Consumption Tax (POCT) will increase from 10 per cent of net wagering revenue to 15 per cent from 1 July 2024, with half of the proceeds earmarked for [...]

1 min read
PointsBet

North America drives record Q3 for PointsBet

PointsBet has reported a 39 per cent increase in net win to a record AUD$106.6 million for the financial third quarter ended 31 March, with net win from North America more than doubling during the period.

Sports betting handle grew by 4 per cent year-on-year to $1.45 billion, with US handle [...]

1 min read

Australia to ban credit cards for online sports betting

The Australian government has confirmed plans to ban the use of credit cards for online sports betting.

Stepping up its commitment to protect vulnerable consumers from gambling harms, the legislated ban will be applied to licensed betting services in Australia, bring online betting into line with land‑based gambling where credit cards [...]

1 min read
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