Oceania News

Blackstone approved by Australian regulators to take over Crown Resorts

New York-based investment firm Blackstone has secured regulatory approvals to become the operator of Crown casinos in Perth, Sydney and Melbourne, Australia.

Blackstone has been approved as the operator of Crown Sydney by the NSW Independent Liquor and Gaming Authority following an extensive probity assessment that examined its capacity to address [...]

1 min read

Queensland aims to increase wagering tax

Lawmakers in the Australian state of Queensland have unveiled plans to increase the wagering point of consumption tax (POCT) to 20 per cent alongside other regulatory amendments that are designed to create a new sustainable funding model for the racing industry.

The proposal by the Queensland government will see the wagering [...]

1 min read

NSW releases new gambling regulations for public consultation

The Australian state of New South Wales (NSW) has launched a public consultation into new gambling regulations.

The draft regulations will replace the existing Betting and Racing Regulation and Totalizator Regulation, both of which are due to expire in September.

“A large proportion of the community derive great pleasure from wagering and [...]

1 min read

The Lottery Corporation adds Net-A-Porter co-founder to board

Sydney-listed lottery provider The Lottery Corporation (TLC) has expanded its board with the appointment of Megan Quinn as a non-executive director.

Quinn is recognised as a global brand expert and co-founded online luxury retailer Net-A-Porter, and also serves as a non-executive director of Reece, Invocare and City Chic Collective.

She will be [...]

2 mins read

PointsBet brings in Jerry Bowskill as CTO and names Australian CEO

Sydney-listed sports betting and gaming operator PointsBet has strengthened its senior management team with the appointment of Jerry Bowskill as group chief technology officer and Andrew Catterall as its new Australian CEO.

Bowskill was previously CTO for The Stars Group and Scientific Games, having held other senior technology roles at Playtech, [...]

1 min read

Genius Sports names Sir Hugh Robertson as advisor

New York-listed sports data and technology provider Genius Sports has appointed Sir Hugh Robertson as an advisor to the company.

The former UK Minister for Sport and the London Olympics will bring his wealth of experience and expertise to Genius Sports’ newly formed Business Advisory Council to help identify strategic development [...]

3 mins read

New leadership for Tabcorp as Bruce Akhurst takes over as chairman

Sydney-listed gaming giant Tabcorp Holdings has made a number of board and senior management changes ahead of its demerger of The Lottery Corporation.

With the company set to implement its demerger of its lottery and keno arm tomorrow, Steven Gregg has retired as Tabcorp chairman and non-executive director, as he takes [...]

1 min read

Lawmaker proposes higher betting taxes in Australian Capital Territory

Australian Labor Party Member Marisa Paterson is calling on the state government to initiate a comprehensive review of online gambling in the Australian Capital Territory (ACT).

In her previous role as an academic researcher, Paterson said she grew “very concerned” about the harmful impacts of online gambling, and believes that more [...]

1 min read

Intralot narrows losses as first quarter revenue grows to €97.7m

Athens-listed lottery and gaming solutions provider Intralot has reported a marginal improvement in group revenue to €97.7m for the first quarter of 2022.

Revenue rose by 0.1 per cent versus a year ago, following growth in Licensed Operations (B2C) of 6 per cent, driven by improved results in Argentina, while Technology [...]

1 min read

Sportradar launches first virtual sports cricket game

New York-listed sports data and technology provider Sportradar has strengthened its virtual sports betting offering with the launch of Virtual Cricket In-Play.

In a first for the sport, the new virtual product leverages the power of Sportradar’s historic database to generate a ‘real-match’ cricket experience in a virtual setting, bringing fans [...]

2 mins read

BetMakers seals long-term tote deal with Norsk Rikstoto

Sydney-listed betting technology supplier BetMakers has secured a ten-year contract to provide tote technology and associated services to Norwegian state-owned operator Norsk Rikstoto.

BetMakers will provide its Global Tote Quantum engine as part of a fully-managed SaaS solution to replace Norsk Rikstoto’s current pari-mutuel betting system, with the solution expected to [...]

1 min read

Tabcorp set to complete demerger of lottery and keno arm

The Supreme Court of New South Wales has approved Tabcorp’s proposed demerger of its lottery and keno division, paving the way for it to commence trading as a separately listed company in Sydney next week.

The demerger of The Lottery Corporation was overwhelmingly approved by Tabcorp shareholders at a General Meeting [...]

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