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Oceania News

PointsBet

PointsBet net win climbs to AUD$309.4m in FY21/22

Sydney-listed betting and gaming operator PointsBet grew total net win by 41 per cent to AUD$85.8m in the fiscal fourth quarter ended June 30.

The company benefited from growth in the United States and its home market of Australia during the period, with US net win climbing 72 per cent year-on-year [...]

1 min read

Australia blocks a further 90 illegal online gambling websites

Efforts to combat illegal online gambling in Australia have led to the blocking of 90 websites in the three months to June 30.

The majority of the blocked websites offered illegal online casino-style games to players in Australia, with others promoting unlicensed gambling as affiliates.

The Australian Communications and Media Authority (ACMA) [...]

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Record year for Lotterywest as lottery sales climb to AUD$1.2bn

Western Australia's state government-owned lottery operator Lotterywest has reported a 14 per cent increase in total lottery sales to AUD$1.2bn for its 2021/22 financial year.

Full year lottery sales surpassed the previous year’s record and helped the operator to contribute record returns to the Western Australian community for the second consecutive [...]

1 min read
Kindred

Kindred Group revenue falls 34% in tough second quarter

Stockholm-listed Kindred Group has reported a 34 per cent fall in total revenue to £238.7m for the second quarter of 2022, with results negatively impacted by strong comparables a year ago, a lower sportsbook margin, and the temporary withdrawal from the Netherlands.

Gross winnings revenue from B2C operations were down 36 [...]

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Jumbo Interactive reports preliminary revenue of $103.8m

Sydney-listed lottery provider Jumbo Interactive expects to report a 27 per cent increase in revenue to AUD$103.8m in its preliminary results for the year ended 30 June 2022.

The company has forecast a 36 per cent increase in total transaction value (TTV) to $660.1m for the year, driven by a strong [...]

1 min read
Sportradar

Sportradar launches Athlete Wellbeing scheme

Sportradar has launched Athlete Wellbeing, a global program to help support athletes and reduce the potential impact of sports betting on their mental health.

The program is designed for sports leagues, governing bodies and teams, and focuses on prevention and education through a curriculum of virtual sessions, webinars and in person workshops. [...]

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Sky Racing extends Greyhound Racing Victoria partnership

Tabcorp-owned horse racing content distributor Sky Racing (Sky) has secured the rights to broadcast and distribute Victorian greyhound racing for the next four years.

The partnership with Greyhound Racing Victoria (GRV) will create additional content across the Sky Racing network and drive wagering growth throughout TAB’s digital and retail networks, the [...]

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Victoria introduces new harm minimisation rules for online sports betting

The Australian state of Victoria has introduced strict new harm minimisation rules for online betting providers.

The new Ministerial Direction issued by the Labor Government aims to deliver more protection to online gamblers and requires operators to deliver monthly account activity statements to customers.

It also gives customers greater capacity to opt [...]

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PointsBet

PointsBet seals live streaming deal with IMG Arena

Sydney-listed betting and gaming operator PointsBet has sealed a two-year streaming partnership with Endeavor Group-owned sports data and technology provider IMG Arena.

The agreement gives PointsBet access to IMG Arena's portfolio of over 45,000 hours of annually streamed content from leading sports associations such as the MLS, ATP Tour, Roland-Garros, FIVB [...]

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Ainsworth Game Technology expands board of directors

Sydney-listed Ainsworth Game Technology has expanded its board with the appointment of Heather Scheibenstock as an independent non-executive director. 

Scheibenstock returns to Ainsworth's board after a three-year break, having previously served as independent non-executive director of the gaming supplier between 2016 and 2019.

In 2019, Scheibenstock joined Spectrum Gaming Group as [...]

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Entain

Entain lowers online growth expectations as customer spend declines

London-listed betting and gaming operator Entain has reported an 8 per cent increase in net gaming revenue for the second quarter of the year, with growth in retail offsetting lower revenue online.

Like-for-like retail net gaming revenue (NGR) climbed 79 per cent year-on-year following the lifting of Covid restrictions, with the [...]

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BetMakers secures Penn National racing rights

Sydney-listed betting technology supplier BetMakers has secured the right to distribute Penn National Gaming’s racing content to bookmakers outside the United States and Canada.

The agreement allows BetMakers to distribute data and visual content from more than 940 race meetings a year to licensed sports betting operators outside North America, with [...]

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