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Oceania News

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

EveryMatrix acquires DeepCI affiliate optimisation business

iGaming software provider EveryMatrix is strengthening its affiliate business through the acquisition of Australian affiliate optimisation service DeepCI.

Based in North Sydney, DeepCI’s proprietary technology monitors affiliate sites globally to identify the location of each gaming brand on every website.

This allows DeepCI to establish how much exposure each brand receives and [...]

2 mins read

The Lottery Corporation proposes Steve Morro as new director

The Lottery Corporation is set to expand its board with the appointment of experienced lottery and gaming executive Steve Morro as a non-executive director.

Morro currently serves as a non-executive director of Light & Wonder and previously served on Aristocrat’s board for more than twelve years until January 2022.

He has also [...]

2 mins read
PointsBet

PointsBet shareholders approve sale of US business to Fanatics

Shareholders in PointsBet Holdings have voted overwhelmingly in favour of selling its US operations to Fanatics Betting and Gaming for US$225 million.

At the company’s Extraordinary General Meeting (EGM) earlier today, 99.16 per cent (equivalent to 195,567,388 votes) of PointsBet’s shareholders voted in favour of the proposed sale to Fanatics.

The successful [...]

1 min read

Australian Capital Territory raises Point of Consumption tax to 25%

The Australian Capital Territory (ACT) has made a surprise move to increase the point of consumption tax on online betting from 20 per cent to 25 per cent.

Industry body Responsible Wagering Australia (RWA) said it was disappointed by the increase in the tax rate, which was made as part of [...]

1 min read

Australian parliamentary inquiry recommends blanket ban on gambling advertising

A parliamentary inquiry into online gambling and its impacts on those experiencing gambling harm has recommended introducing a phased blanket ban on online sports betting advertising in Australia.

The report by the House of Representatives Standing Committee on Social Policy and Legal Affairs provides 31 recommendations that apply a public health [...]

1 min read
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