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Australia's multi-billion-dollar wagering market is becoming a battleground between established Aussie bookies and online rivals with foreign managements, according to Australian media reports...and local giants like Tatts Group intend to fight off the challenge with increased internet marketing activity.
CEO Robbie Cooke told local media reporters that he believed the business had a "significant untapped opportunity" in the online sector, and intended to develop it.
The group had earlier reported its first full-year result following the loss of the Victorian poker machine licence last August, posting net profit down 23 percent to A$247.3 million
Cooke reported that the company's online channel has continued to grow, with about 20 percent of wagering now delivered online, but observers noted that the group's internet betting significantly lags competitors like tab.com.au and UK-based bet365.com.
Cooke acknowledged that Tatts has not been a significant player in internet marketing activities, but said it would need to be in order to boost online demand. Tatts was close to finalising a new Tatts.com website and mobile app, he revealed.
"People know us and trust us. As a local player and local brand, we can play with the best of them," he said. "And the fact that we can offer a combined product, lotteries and wagering, (is) a point of difference in the market," he said.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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