Australia’s Tabcorp has reported a 5.7% decline in revenue for the three months to September 2020.
The trading update formed part of an investor presentation at the company’s AGM, with Managing Director and CEO David Attenborough revealing the slight 5.7% decline was mainly felt in its Gaming Services segment which fell 55.2% on the closure of licensed venues. Lotteries and Keno revenue was down 6.9% year-on-year with Wagering and Media down 2.9%.
“The duration and severity of COVID-19 is unclear, however Tabcorp remains well placed with our resilient, diversified earnings base and strengthened balance sheet,” Attenborough said.
GRNSW Appoints Robert Macaulay as its New CEO
Greyhound Racing NSW (GRNSW) Chairman John Williams has announced the appointment of Robert Macaulay as the organisation’s new Chief Executive Officer.
“I am delighted to announce the Board’s appointment of Rob Macaulay as our new CEO,” Mr Williams said.
“Rob is very experienced within GRNSW and is a strong advocate for the sport and its participants.
“He has served GRNSW as Company Secretary for several years and has also acted as GRNSW’s legal advisor, so he knows the tasks in front of us – and the opportunities for continuing commercial growth of the wider industry to deliver increasing returns to the participants.
“Rob has demonstrated his leadership of GRNSW’s highest priority, the welfare of our animals, and is a strong advocate for regional and rural NSW where 75% of our participants reside.
“Rob has worked alongside and assisted the previous CEO (Tony Mestrov) for several years and that has given him great knowledge of the organisation and the industry. He knows the job and we feel it will be a smooth and successful transition.”
Mr Macaulay has been Legal Counsel for GRNSW for the past 3½ years and was acting as interim CEO since Tony Mestrov announced his resignation to take on the role of CEO at NRL club Manly Warringah.
Mr Macaulay said: “It is a great honour to be appointed to the role of CEO and continue the great work of the management team at GRNSW.
“I look forward to travelling across regional NSW and meeting with participants and supporters of a great family-orientated sport.
“I am especially pleased to have been a part of the journey that has so far delivered transformation on re-homing and welfare initiatives while at the same time supporting the livelihoods of thousands of participants who enjoy this sport in NSW through prizemoney and enjoyment.”
Blackstone Appoints Ian Silk as Chairman of Crown Melbourne
Blackstone, the new owners of Australia’s troubled Crown Resorts has appointed Ian Silk, former boss of Australia’s largest super fund AustralianSuper, as Chairman of Crown Melbourne.
Mr. Silk, who led AustralianSuper for 15 years, will be joined on the Crown Melbourne board by Helen Silver and who was previously Managing Director of consulting firm Hay Group.
Crown stated: “Mr Silk is widely recognised as one of Australia’s most experienced business leaders, with deep expertise in governance, investment and risk management.”
His appointment follows on from John Borghetti’s appointment as Chairman of Crown Sydney and John Van Der Wielen as Chairman of Crown Perth.
Ciarán Carruthers, current Chief Operating Officer of Wynn Macau Resort, will become Crown Resorts CEO in October.
Innovative Pilot Tackling Gambling Harm in Ballarat
The Andrews Labor Government is ensuring Ballarat locals experiencing the devastating impacts of gambling harm can get tailored treatment and support services with an innovative new programme being piloted in the region.
Minister for Consumer Affairs, Gaming and Liquor Regulation Melissa Horne, Member for Buninyong Michaela Settle and Member for Wendouree Juliana Addison launched the pilot, which equips allied health professions with a new way of screening patients to determine the best treatments to get them back on track.
It will increase access to, and training for, practitioners who operate within the mental health, alcohol and other drugs sectors and are treating people vulnerable to gambling harm.
Following feedback from Gambler’s Help service funded through the Victorian Responsible Gambling Foundation, the programme has been developed to improve pathways for people seeking treatment for co-existing conditions, such as a mental health issue in addition to gambling harm.
It starts with a simple question by a health practitioner to their client about whether they gamble and progresses through the appropriate pathway for each person from there.
The pilot programme will increase awareness of gambling harm among healthcare professions and remove barriers faced by people seeking help – such as stigma.
The trial uses the latest evidence to improve outcomes for the Ballarat community, with the lessons to inform future programmes across the state.
The training will be led by clinical consultant Dr Jane Oakes and the Foundation’s Principal Clinical Advisor, Tony Clarkson and provided to practitioners at Ballarat Community Health, Child and Family Services and the Salvation Army Health Services.
Subscribe to our News via Email
CEEGC Budapest ’22 Speaker Profile: Joe Ewens – Global Managing Editor at VIXIO Regulatory Intelligence
Indian DOTA 2 Team Scripted History once again, won the bronze medal at Commonwealth Esports Championship 2022
India’s Ibrahim qualifies for Sim Racing World Cup final
How to make money in the game industry by building a personal brand on Instagram
Personalisation in sportsbook roundtable
Sporty Stuff TV adds US horse racing
Path to Play: What is it, and what does it mean for the gambling industry?
WePlay Esports is a finalist of Ragan’s 2022 Video, Visual & Virtual Awards
New research from Niko Partners: Asia share of the global esports market continues to grow
Non-traditional content roundtable
Gaming Americas Weekly Roundup – July 4-10
What is the Future of Gambling Sites in Canada?
The future of retail: Talking betting terminals with Altenar
NODWIN Gaming’s first-ever televised BGMI Master Series breaks viewership records on Television
Saudi Esports Federation Enters into Partnership with ASUS Republic of Gamers
Exclusive Q&A with Warren Russell CEO/W2 Global Data
Gaming4 days ago
Incentive Games Launched Multiple Free-to-Play Games with bet365
Affiliate Industry7 days ago
N1 Partners Group launches an unprecedented promotion: RevShare up to 100%
Latest News7 days ago
Relax Gaming pens landmark deal with bet365
Affiliate Industry4 days ago
Affilka by SOFTSWISS implements CPL commission model
Latest News4 days ago
ZITRO FURTHER EXPANDS ITS FOOTRPINT IN FRANCE WITH VIKINGS CASINOS
Industry News7 days ago
Heath Cram Leaves Flutter to Join 4Poker as COO
Compliance Updates5 days ago
UK Gambling Commission Fines LeoVegas £1.32M for AML, Social Responsibility Breaches
Affiliate Industry5 days ago
Gaming Realms joins the First Look Games revolution