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CrownBet Launching This Week
Monday March 16,2015 : BETEASY AND CROWN RESORTS SET TO LAUNCH CROWNBET THIS WEEK
Major contender in Australian online betting market to go live
Australian bookmaker BetEasy, led by former owner and chief executive officer of sportsbet.com.au Matthew Tripp, is expected to go live this week rebranded as CrownBet.
InfoPowa readers will recall Crown Resorts International acquiring a 67 percent controlling interest in BetEasy late last year forming a joint venture (JV) which combined BetEasy's online sports book business with that of Betfair Australasia - a loss-making online betting exchange business acquired by Crown for A$10 million from a former UK partner .
The JV subsequently registered the CrownBet trademark earlier this year sparking speculation of the launch of a new Australian betting brand.
At the time, James Packer said the alliance has been designed to compete with major international online betting groups that had moved into and dominate the Australian market such as William Hill and Sportsbet.
"This exciting new venture will help build an Australian-owned business that can compete strongly with the largely foreign-owned competitors in our wagering industry," Packer said.
BetEasy also became the AFL’s official betting partner, a five-year deal that caught major competitors off guard. The bookmaker took over the sponsorship from Tabcorp’s TAB.
According to industry reports BetEasy customers will be migrated to crownbet.com.au which already directs to BetEasy.com.au.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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