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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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Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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