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Tatts Group fisical 2015 Report
Thursday August 20,2015 : DIGITAL OPERATIONS BOOST TATTS GROUP PERFORMANCE IN FISCAL 2014-15
Profits rise 13 percent with a solid contribution from online sports betting division.
Tatts Group, an online and land betting group based in Australia, reports that its online betting services made a healthy contribution to a solid group performance in fiscal 2014, helping the company to achieve an increase in profits of 13 percent to A$255.6 million.
For the year ended June 30 2015, the group reported that revenue rose 1.8 percent to A$2.9 billion, and earnings performed along similar lines, reaching A$507.4 million.
The company noted that the improvements were all the more remarkable due to the extensive re-branding exercise to the Ubet corporate brand, which it claims has been a success
Whilst betting revenue across the group was down 1.5 percent at A$633 million, online wagering revenue increased by 12.5 percent, bringing the proportion of revenue that the group accrues through its digital operations to 25.7 percent...a 2.8 percent year-on-year rise.
Among the impressive digital achievements during the reporting period is the fact that the digital division products were downloaded to 735,000 mobile devices.
Online lottery sales in the digital division rose sharply 20.9 percent over the year, again increasing the group's digital contribution in the sector by almost 2 percent to 11.1 percent
Group chief executive Robbie Cooke revealed that Ubet is field-testing an innovative in-venue in-play betting module branded Ubet Live.
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.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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