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CrownBet 220 percent increase in the player base

Monday March 7,2016 :  CROWNBET CHIEF REPORTS PROGRESS OF ONLINE GAMBLING FIRM
 
Matthew Tripp says Aussie company has boosted player base 220 percent in a year.
 
A 220 percent increase in the player base in just a year is pretty good going, Matthew Tripp, CEO of Aussie online betting group CrownBet, told the Australian Finanacial Review this week.
 
The gambling executive said that the company, formed late 2014 from what was left of BetEzy , is performing beyond expectations and now has 150,000 active gamblers on its books.
 
He acknowledged that the company benefits from its ties with Crown Resorts’ Signature Club membership rewards program as well as its sponsorship deals with AFL and Racing.com.
 
"We broke even on a monthly basis in November and have kept that up every month since," Tripp said in the interview. "While that's only been four months, I think we will be profitable for the rest of the year. That is ahead of where we thought we would be."
 
CrownBet is still taking a cautious approach to in-play betting due to its uncertain legality in Australia....but if government clarifies the format’s legal status via the Interactive Gaming Act, Tripp says that he has prepared a compelling offer and will introduce the genre.
 
"We've been ready for it for a couple of years and we're really confident that the technology we have and the offering we would put out there would be very popular," he told the AFR. "We are very confident about the legality of it as well, but we will wait for an indication of where things could head from the report."
 
Tripp used the opportunity to scotch speculative rumours that CrownBet is considering presenting a bid for the Western Australia TAB, which the provincial government plans to sell (see previous InfoPowa reports).
 
He said that such a bid was unlikely, and that CrownBet is currently not in a position to take on the retail obligations that such an acquisition would entail. However, he said that it would be something that he could "look at."
 
"We would look at it, but I'm not sure we are geared up enough at this stage to take on a retail operator as you would have to in that situation. Maybe in the future," he said.



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50 WSOP Seat Satellite - Sunday, July 2nd at 3pm ET, two just days before the Fourth of July holiday, Americas Cardroom is running a 50-seat qualifier to the 2017 WSOP Main Event in Las Vegas.

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Huge Win at Bitstarz Casino - There has been plenty of big wins being landed at BitStarz lately, and yesterday, it was time again. Surprisingly it was yet another Amatic game that made one lucky player extra happy as he raked in an incredible $112,402 during an evening of intense playing.

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NBA Odds: Can Warriors Keep up the Pace in Cleveland? - The Cleveland Cavaliers head back home down 0-2 in the 2017 NBA Finals after losing the first two games straight up and against the spread to the Golden State Warriors by wide margins. Game 3 is Wednesday at 9 PM ET on ABC.

ACR Buck Hunt Promotion : 2017 WSOP Seats - The Hunt for WSOP Seats is on with Americas Cardroom's Buck Hunt Promotion

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