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WILL FANTASY SPORTS BE TABCORP'S SAVIOUR?

Friday January 15,2016 :  WILL FANTASY SPORTS BE TABCORP'S SAVIOUR?
 
Falling online market share puts Aussie gambling group under pressure.
 
Morgan Stanley analyst Mark Goodridge said this week that the Australian gambling group Tabcorp may turn to an expanded fantasy sports offering to counter falling market share in the highly competitive online gambling sector.
 
Under pressure from aggressive foreign-owned online gambling brands, the company's market share of online wagering turnover is in decline from 30 percent in 2010 to a likely 23 percent by next year, Goodridge told the Sydney Morning Herald newspaper.
 
Goodridge offers some hope for Tabcorp, pointing to its popular fantasy sports product and suggesting that it should focus more on this vertical.
 
The company recently signed a partnership agreement with the UK-based newspaper The Sun, which enables Tabcorp to access opportunities through The Sun's Dream Team fantasy football contests that currently attract a million readers.
 
"If Tabcorp was to launch its own daily fantasy sports site this could be used as another subscriber acquisition tool which would allow Tabcorp to start to monetise this new subscriber with racing products," says Goodridge suggested. "This is exactly what Tabcorp currently does with its sports products.
 
"News Corp in Australia runs the largest NRL fantasy league and also the soccer fantasy leagues, hence we do not think it unreasonable that Tabcorp could partner with News Corp in Australia for daily fantasy sports."

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Gambling News :

Petition to Ban Online Gaming in Singapore - Singapore Pools and Singapore Turf Club’s application to operate online betting has triggered the origination of a petition that calls on the Government to deny authorization and stop legalization of online gambling.

Lost Vegas Slot Launches - “Lost Vegas” is a new release on Microgaming’s October roster, a five-reel 243-payline game that offers punters the option to play in either Survivor or Zombie mode throughout the base game, a choice that affects the symbols and bonus games on offer.

Leap Gaming Partners With Pala Interactive - Israeli-based developer Leap Gaming has clinched its second deal in a week, this with Pala Interactive for the integration of its virtual sports turnkey product to Pala’s white-label social gaming platform.

Sportech Racing Partners With Macau Jockey Club - Sportech Racing and Digital has partnered Macau Jockey Club (MJC) for the provision of a white-label digital pari-mutuel betting platform and other retail solutions.

Bla Bla Bla Studios - Under the terms of the deal Bla Bla Bla Studios will develop and distribute exclusive gaming content for integration into the Quickfire platform.

Betser Powered By SBTech - #Betser is inspired by fantasy football, private betting leagues and social betting. The offer includes a twin-track loyalty scheme devised by Malta-based Hero Gaming, who operate Casino Heroes.

EveryMatrix has appointed Glen Bullen as Sales Manager - Bullen assumes responsibility for the entire casino sales operation, particularly focusing on growing distribution of the newly-updated and expanded CasinoEngine platform into Tier One operators.

Freemasons Fortune Slot Launches - Booming Games has launched Freemasons Fortune, a new 3-reel, nine-payline game inspired by the enigmatic Freemasons fraternal order.

Hollywood Classic Slots launches - Penn Interactive has launched Hollywood Classic Slots, a social casino game developed in collaboration with its recently acquired social gaming company Rocket Games.

Pagcor relents on 20 venues - In an announcement to the local stock exchange Monday, the company revealed that 20 of its 36 e-bingo revocations have been lifted, enabling operations to continue.

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