Connect with us
European Gaming Congress Milan
SIS

Australia

Tabcorp reports higher revenues in 2019

Niji Narayan

Published

on

Tabcorp reports higher revenues in 2019
Photo Source: Tabcorp
Reading Time: 1 minute

 

Australia’s gambling company Tabcorp has reported impressive results for the first month of 2019 on the revenue front. The group amassed revenues of $2,787m, an increase of 108.3 per cent when compared to last year’s revenue for the same period.

The rise is attributed to strong lotteries and Keno performance, digital and retail growth, increased investment in customer generosities and UBET, underperformance pre-transition to full TAB offering, good progress on gaming services contract renewals and new venue sign-ups, and operating expenses reduction driven by synergy benefits.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

Continue Reading
Advertisement
Comments

Asia

ITL welcomes new Business Development Manager for SE Asia & Australasia

George Miller

Published

on

ITL welcomes new Business Development Manager for SE Asia & Australasia
Reading Time: 1 minute

 

Innovative Technology, the leading provider of banknote validation and recycling technology have recently welcomed Ong Choo Teong to their APAC operations as Business Development Manager for South East Asia and Australasia. Ong will be based in Malaysia and is responsible for all sales activities in these established yet growing territories for ITL.

Commenting on his role Ong said, “I am delighted to take on such an important role at a time where ITL is experiencing rapid expansion. Innovative Technology is a dynamic organisation with an increasing presence throughout the globe and I am looking forward to helping grow our reach in these emerging markets.  I am settling in well and enjoying travelling across Asia to meet up with both current and potential customers.”

Ong will be responsible for all sales activities, from formulating and executing sales strategy, identifying sales opportunities, following up leads, securing new business and driving deployment of solutions. He will also support order processing and other related areas of the business as well as setting up and managing Trading Partners within the specified regions.

Welcoming Ong to the organisation, Tony Morrison, Group Sales Director said, “Ong has over 10 years’ experience in various sales and account management roles within the retail industry so is ideally placed to take on this opportunity. In his previous position Ong had responsibility for an entire retail sales division in Malaysia therefore knows the industry’s key customers well and already has many established executive-level relationships.  As an organisation we have the right products for the region and are keen to capitalise on various potential areas of growth within South East Asia and Australasia and I look forward to working with Ong to successfully achieve this.”

Check out their innovative product range: https://innovative-technology.com/products/products-main

Continue Reading

Australia

Ainsworth Appoints Former CEO Danny Gladstone as its Board Chairman

Niji Narayan

Published

on

Ainsworth Appoints Former CEO Danny Gladstone as its Board Chairman
Reading Time: 1 minute

 

Ainsworth Game Technology has appointed former chief executive Danny Gladstone as the new chairman of its board. Gladstone became chief executive at Ainsworth in 2007 and stepped down in June, but continues to serve on the board as a non-executive director.

“We are pleased to welcome Danny to his new position as Chairman of Ainsworth Game Technology following the AGM. This appointment provides us with a greater ability to utilise Danny’s vast industry experience and strong customer relationships. I look forward to working closely with him to drive future growth and profitability,” Lawrence Levy, chief executive of Ainsworth said.

The current chairman Graeme Campbell will continue to serve as a non-executive director after he steps down, as well as the newly-recreated role of lead independent director.

“We are also reinstating the role of lead independent Director. This recognizes the importance of governance and independence in ensuring the Board operates effectively. Graeme will provide leadership to the independent directors and advise the Board on matters where there may be an actual or perceived conflict of interest. We appreciate Graeme’s much-valued contribution to Ainsworth and we look forward to working with him in this role,” Levy added.

Continue Reading

Australia

ACMA Warns SEN+ for Breach of Gambling Ad Rules

Niji Narayan

Published

on

ACMA Warns SEN+ for Breach of Gambling Ad Rules
Reading Time: 1 minute

 

The Australian Communications and Media Authority (ACMA) has warned Pacific Star Network (PSN) for streaming gambling ad during the live audio coverage of the 2019 Australian Open through its SEN+ online sports radio. The advert was in relation to an online service that provides information to subscribers about horse racing.

According to the ACMA, SEN+ streamed the gambling ad at 10:58 AM on January 23, ahead of audio coverage of the Australian Open commencing at 11:00 AM. Gambling ads are banned five minutes before the scheduled start of play and five minutes after the event finishes. ACMA said that this placed SEN+ in breach of section 12 of Broadcasting Services (Online Content Service Provider Rules) 2018.

“Online service providers need to be aware of their obligations. The rules are in place to create a safe zone for children and families as they enjoy live sport broadcast on television or streamed online,” ACMA chair Nerida O’Loughlin said.

ACMA ordered PSN to commission an independent audit of its processes and practices, as well as conduct staff training to ensure future compliance with the rules. After the audit, PSN must report any findings and recommended improvements to the ACMA.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.