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Australian online sportsbook and casino reduces its options
Wednesday August 3,2011 : Taking many webmasters and affiliates in the industry by surprise this week was a communication from the Australian online gambling group Centrebet indicating a withdrawal from several markets.
The official communication read:
"As of 1st August all advertising outside our core regions must cease.
"This includes all free bets and bonus offers for all products, including sports, racing, casino, poker, games and arcade.
"The core-regions are: Australia, Denmark, Greece, Cyprus and Norway.
"If your websites are not specifically directed at Australia, Denmark, Greece, Cyprus or Norway, please remove any mention of Centrebet from your sites, this includes text, images or any links.
"Offers in our core-regions of Australia, Denmark, Greece, Cyprus and Norway will continue to be available as normal."
No reasons were given from the withdrawal, but there is already speculation that it may be related to the recent agreement by Sportingbet plc to buy Centrebet for some A$183 million, creating a global business with aggregated revenue of about A$380 million.
Chief executive officer Andrew McIver told Dow Jones Newswires recently that Sportingbet needs to balance its portfolio, since it makes 60 percent of its revenue in Europe and 20 percent in Australia, adding that the Centrebet acquisition will increase Australia's revenue contribution to 30 percent.
Once the deal completes Sportingbet plans to merge the Australian operations of Centrebet and Sportingbet into a single unified business and expects to yield synergies of about A$17 million a year.
3 Top Bitcoin Poker Sites -
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Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
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The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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