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Onine rivals competing vigorously for Aussie business
The Age newspaper in Australia reports that the long-established Tabcorp betting organisation wants government protection to help it better compete with Northern Territory-based Internet rivals (mainly betting exchange Betfair, which has an Australian partnership with casino and media king James Packer.)
The prestigious Melbourne Cup held last week seems to have been the catalyst for the request. Tabcorp took A$36.5 million in bets on the main Melbourne Cup thoroughbred horse race, which was 10.3 percent up on last year’s event. However, the owner and operator of the Tab for the state of Victoria revealed that this was only 5.5 percent more than was wagered on the 2006 Melbourne Cup, and that it took in a total of only A$64.8 million over the day’s ten events, which was just 3.5 percent more than in 2007 and 3.2 percent higher than in 2006.
Tabcorp spokesmen said that the relaxation of advertising regulations in Victoria and New South Wales in October 2008 triggered an estimated A$20 million in gaming turnover shifting away from the Tab, which will, in turn, cut royalty payments to the racing industry.
Betfair introduced "in-run" betting for the first time during the Cup.
TabCorp is demanding an ‘immediate’ three percent cut in the state's wagering tax rate with similar annual breaks until 2012 alongside a ban on [other] bookmakers offering tote odds as well as their own for races, uniform gaming operator fees across Australia and a national ban on introductory ‘free’ bets and credit betting.
"Not only do bookmakers now simply copy tote prices, they can give a better price as they operate from jurisdictions where taxes and racing industry contributions are minimal," said Elmer Funke Kupper, Chief Executive Officer for TabCorp. "Basically, we're making it up as we go, state by state, in what is a national industry. This cannot work."
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
NBA Odds: Wizards-Celtics at the Garden -
The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.
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