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SportsBet says Tabcorp
Monday February 8,2016 : TABCORP AND TATTS HYPOCRITICAL SAYS SPORTSBET ON ONLINE IN-PLAY BETTING
Seeking to maintain monopoly retail position.
Paddy Power-owned Australian online bookmaker Sportsbet has hit out at Tabcorp and Tatts Group, saying their opposition to legalising online in-play betting is hypocritical and merely a protectionist move in terms of preserving their business in retail outlets.
As Tatts Group and Tabcorp ramp up a lobbying campaign against the online innovation, WAToday points out that standalone TAB outlets along with pubs and clubs are growing increasingly concerned their revenues will be cannibalised should the federal government bow to pressure from corporate bookmakers and allow punters to bet on in-play online.
"The opposition to online in-play betting by retail bookies is hypocritical and protectionist," Government Relations Manager at Sportsbet, Brad Addisonsaid. "Retail bookies, who in previous submissions to the government have supported online in-play, are now looking to maintain their monopoly of offering in-play betting in their retail stores."
"This stance further highlights their unwillingness to compete in a 21st century online environment that consumers are increasingly preferencing. By opposing in-play betting online, retail bookies are forcing many Australian consumers to bet with unregulated and illegal offshore operators, which poses significant integrity risks for Australian sports."
In a report released late January 2016, Morgan Stanley estimated Tabcorp’s share of online turnover in Australia will fall to 23 per cent by 2018 from 30 per cent in 2010 due to the market being “raided” by UK bookmakers Ladbrokes, Bet365, William Hill and Paddy Power.
That same report surmises Tabcorp could revive its fortunes by expanding its recent UK Fantasy Sports deal with News Corporation into the Australian market.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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