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Oceania News

Gaming Innovation Group on top as gaming shares rebound in February

After a slow start to the year in January, there was better news for industry stakeholders in February as shares in the leading operators and suppliers rose by a combined 5.6 per cent by month end.

After posting a decline of 7.8 per cent last month, the 50 publicly-listed operators and [...]

1 min read
Entain

Entain posts 2020 revenue of £3.6bn as international gains offset by COVID-19 impact

London-listed betting and gaming operator Entain has reported flat net gaming revenue (NGR) of £3.63bn for 2020, with strong growth in international operations offset by the impact of the COVID-19 pandemic on its retail businesses.

In the first half of the year, NGR decreased by 11 per cent, with a strong [...]

1 min read
William Hill

William Hill posts 2020 profit despite COVID-19 impact on retail

London-listed betting and gaming operator William Hill has reported a 16 per cent fall in net revenue to £1.32bn for 2020, as the COVID-19 pandemic led to the disruption of live sporting events and closures and restrictions to retail.

Retail net revenue was down by 51 per cent at £354.2m in [...]

1 min read
Flutter Entertainment

Flutter slips to 2020 loss as Stars’ acquisition weighs on bottom line

London-listed Flutter Entertainment has posted a 106 per cent increase in reported group revenue to £4.4bn in 2020, including results from The Stars Group (TSG) from May.

On a pro forma basis, which includes TSG’s results for both 2019 and 2020, group revenue was up 27 per cent year-on-year to £5.26bn [...]

1 min read
Sportradar

Sportradar secures official data partnership with Australia’s NBL1

Sportradar has signed a long-term data and audio-visual partnership with Australia’s semi-elite basketball league, NBL1.

The deal covers all national NBL1 Conferences for both men’s and women’s competitions, as well as the Victoria-based State Championship.

Sportradar has secured the official data and audio-visual rights to over 1,500 games annually, which the company [...]

2 mins read

Playtika grows revenue to $2.37bn in 2020

New York-listed social gaming operator Playtika has seen annual revenue surpass $2bn for the first time following a 26 per cent year-on-year increase to $2.37bn in 2020.

The operator enjoyed a strong end to the year as revenue climbed 17 per cent to $573.5m in Q4, benefiting from strong performances from [...]

1 min read

Jumbo Interactive sees first half revenue grow to AUD$40.9m

Sydney-listed online lottery provider Jumbo Interactive has reported a 9 per cent increase in revenue to AUD$40.9m for its financial first half period ended 31 December.

The company said that the impact of the COVID-19 pandemic had been positive for the group in general, as lockdown restrictions drove people to purchase [...]

1 min read
Entain

Entain strengthens board with two new directors

London-listed betting and gaming operator Entain is poised to strengthen its board with the appointment of Stella David and Vicky Jarman as directors.

David joins the Entain board on 4 March as an independent non-executive director and will serve on the Remuneration, ESG and Nomination Committees.

She was previously CEO of distiller [...]

3 mins read

Australian ISPs sets to block 18 additional illegal gaming sites

The Australian Communications and Media Authority (ACMA) has identified a further 18 online casinos that illegally serve Australian consumers.

A total of 18 websites are included in ACMA’s latest sweep of illegal operators, who will now be subject to blocking by Australian internet service providers.

The majority of the sites operate under [...]

1 min read

BetMakers secures $75m investment to expand B2B capabilities

Sydney-listed Betmakers Technology Group has secured a AUD$75m investment to accelerate its B2B sports betting strategy.

Betmakers has entered into an agreement with former Sportsbet and BetEasy founder Matt Tripp, who will assist the company with its B2B expansion and acquire $25m of new BetMakers shares.

In addition to potential opportunities for [...]

3 mins read
Entain

Entain lauds new preventative approach to player protection

London-listed gaming operator Entain has completed the initial stage of its pioneering preventative approach to customer protection through the use of analytics and data science to minimise gambling problems before they arise.

The company said that its ARC (Advanced Protection and Care) programme has significantly extended behavioral indicators used to identify [...]

3 mins read
Tabcorp

Tabcorp H1 revenue falls to $2.87bn due to ongoing COVID-19 hit

Sydney-listed betting and gaming operator Tabcorp has reported a 1.5 per cent drop in group revenue to AUD$2,870m for the first half period ended 31 December, with results negatively impacted by COVID-19 restrictions on its retail network.

The company posted year-on-year growth from its Lotteries & Keno and Wagering & Media [...]

1 min read
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