BOOKMAKERS (GAMBLING) – AUSTRALIA

Aussie winner declared bad for the bookies

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Original article by Mark Schliebs
The Australian – Page: 6 : 6-Nov-19

TAB has reported that its turnover for the 10 races at Flemington on 5 November was $160.7m, which is 5.9 per cent lower than previously. TAB’s turnover on the Melbourne Cup itself was $106m. TAB processed up to 108,000 bets per minute on Cup Day, while the numbers of wagers process by Sportsbet peaked at 35,000 per minute. Racing Victoria CEO Giles Thompson says the fact that an Australian-bred and trained horse won the Melbourne Cup is likely to have affected bookmakers’ profits, as many punters backed the local horse.

CORPORATES
TAB LIMITED, TABCORP HOLDINGS LIMITED – ASX TAH, SPORTSBET AUSTRALIA, RACING VICTORIA LIMITED, BETEASY PTY LTD, LADBROKES GROUP PLC, MELBOURNE RACING CLUB

Sportsbet takes AFL TV deal from CrownBet

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Original article by John Stensholt
The Australian Financial Review – Page: 23 : 19-Jan-17

Sportsbet has secured a deal to be the betting sponsor of Seven West Media’s Australian Football League broadcasts in 2017. However, rival online bookmaker CrownBet is the AFL’s official wagering partner, which gives it the first right to buy betting advertisements during the AFL broadcasts of both Seven and pay-TV channel Fox Footy. Meanwhile, CrownBet CEO Matthew Tripp says the company plans to expand its rewards scheme in states such as Western Australia.

CORPORATES
SPORTSBET AUSTRALIA, CROWNBET PTY LTD, AUSTRALIAN FOOTBALL LEAGUE, SEVEN WEST MEDIA LIMITED – ASX SWM, SEVEN NETWORK LIMITED, FOX FOOTY CHANNEL, FOXTEL MANAGEMENT PTY LTD, CROWN RESORTS LIMITED – ASX CWN, CLUBS NSW PTY LTD, RACING VICTORIA LIMITED, TABCORP HOLDINGS LIMITED – ASX TAH, WILLIAM HILL AUSTRALIA PTY LTD, BET365 GROUP LIMITED, BETEASY PTY LTD, PADDY POWER PLC

Ban on betting ads would be draconian: Seven West boss

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Original article by John Stensholt
The Australian Financial Review – Page: 5 : 15-Jul-16

It is estimated that bookmakers spent about $A150m on advertising during television broadcasts of sports events. Seven West Media CEO Tim Worner says a proposed ban is "draconian" and unnecessary, adding that Seven already has stricter internal rules on the issue than required by the advertising code. Sportsbet and CrownBet say they would agree to reduce their advertising during sports telecasts, but they oppose the blanket ban that is being advocated by crossbenchers Nick Xenophon and Andrew Wilkie.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, SPORTSBET AUSTRALIA, CROWNBET PTY LTD, ALLIANCE FOR GAMBLING REFORM, AUSTRALIAN FOOTBALL LEAGUE

Serious money on Coalition: bookies

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Original article by Michael Koziol, Nicole Hasham
The Canberra Times – Page: 6 : 1-Jul-16

Bookmakers say that betting trends suggest that the Australian Government will be re-elected on 2 July 2016. The Australian Labor Party’s chances of winning have lengthened to $A7, according to Centrebet’s odds, compared with $A1.10 for the Coalition. However, experience shows that the odds are not always a reliable guide. Labor won the 2015 election in Queensland despite punters backing the Coalition, while the odds suggested that Britons would vote to remain in the European Union.

CORPORATES
CENTREBET INTERNATIONAL LIMITED, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, LIBERAL-NATIONAL PARTY OF QUEENSLAND, SPORTSBET AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, FAIRFAX MEDIA LIMITED – ASX FXJ, IPSOS AUSTRALIA PTY LTD

We hate gambling ads? You bet we do

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Original article by Rick Wallace
The Australian – Page: 8 : 12-Feb-16

New figures shows that Australian corporate bookmakers spent $A81m on advertising in the year to 31 October 2015, which is 55 per cent higher than previously. Sportsbet accounted for about $A34m of this expenditure, while CrownBet spent $A16m. Federal MP Alan Tudge says many voters have expressed their dislike for gambling ads on TV, and he notes that some state governments are taking action to increase regulation of such advertising.

CORPORATES
SPORTSBET AUSTRALIA, CROWNBET PTY LTD, WILLIAM HILL AUSTRALIA PTY LTD, LADBROKES, BET365 GROUP LIMITED, TATTS GROUP LIMITED – ASX TTS, TABCORP HOLDINGS LIMITED – ASX TAH, VICTORIA. DEPT OF JUSTICE. CONSUMER AND BUSINESS AFFAIRS VICTORIA