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Victorian Govt Funds Six Research Projects Studying Gambling Behaviours During COVID-19

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Victorian Govt Funds Six Research Projects Studying Gambling Behaviours During COVID-19
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Australia’s Victorian state government will provide AU$600,000 in grants via the Victorian Responsible Gambling Foundation to support research into how the COVID-19 pandemic and subsequent lockdowns impacted the gambling behaviours of residents.

With a theme of “Gambling in Victoria in 2020 – COVID-19 and beyond,” the funding round provides grants to six research projects covering topics such as “Economic insecurity and gambling behaviors in Victoria in the COVID-19 society” and “How Victorian venue gamblers kept busy during COVID-19 venue closures: can substituted leisure activities reduce gambling urges and the risk of gambling harm?”

The six projects will each receive between AU$50,000 and AU$150,000 over the next three years with the findings slated to help the Foundation shape future initiatives and activities to prevent and reduce gambling harm in the Victorian community.

“The most recent publicly available data shows online race and sports betting increased by 30% compared to the same period the year before. It’s critical we understand and learn from these changes in gambling behaviour,” Shane Lucas, CEO of Victorian Responsible Gambling Foundation, said.

“We know that throughout the pandemic and the associated lockdown, some Victorians benefitted from an enforced break from in-venue gambling, while others found it incredibly challenging. To be able to plan and respond to gambling harm effectively, we need to know how COVID-19 affected gambling behaviors. This funding will be incredibly beneficial in understanding how those vulnerable to gambling were impacted by the pandemic,” Melissa Horne, Minister for Consumer Affairs, Gaming and Liquor Regulation, said.

Australia

ACMA Blocks More Illegal Offshore Gambling Websites

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The Australian Communications and Media Authority (ACMA) has requested that Australian internet service providers (ISPs) to block more illegal offshore gambling websites, after investigations found these services to be operating in breach of the Interactive Gambling Act 2001.

The latest sites blocked include A Big Candy, Jackpoty and John Vegas Casino.

Website blocking is one of a range of enforcement options to protect Australians against illegal online gambling. Since the ACMA made its first blocking request in November 2019, 995 illegal gambling and affiliate websites have been blocked.

Over 220 illegal services have also pulled out of the Australian market since the ACMA started enforcing new illegal offshore gambling rules in 2017.

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Australia

Tabcorp Appoints Gillon McLachlan as MD & CEO

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Australian gambling services firm Tabcorp Holdings has appointed former Australian Football League (AFL) boss Gillon McLachlan as its chief executive and managing director.

The appointment comes months after former chief Adam Rytenskild resigned over allegedly using “offensive” and “inappropriate” language at the workplace and as the firm navigates a strategic transformation amid heightened competition pressures.

McLachlan was the AFL chief executive for a decade during which he contributed to significant revenue growth and oversaw its expansion.

He will join Tabcorp on Aug. 5 and assume the roles of CEO and MD upon receiving regulatory approvals, the company said. He will receive an annual fixed remuneration of AU$ 1.5 million.

“In the two years since demerger, we have significantly improved our customer offering and delivered key structural reforms in Queensland and Victoria,” Tabcorp Executive Chairman Bruce Akhurst said.

“Gill brings an added dimension of having been responsible for some of the most significant media rights deals in Australian sports history and we’re excited about the potential growth opportunities for our wagering and media business under his leadership,” Bruce Akhurst added.

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Australia

BetMakers Appoints Carl Henschke as its New Chief Financial Officer

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BetMakers Technology Group Ltd, the leading global B2B provider of technologies and services that simplify betting at critical points in wagering, announced the appointment of Mr Carl Henschke as its Chief Financial Officer (CFO), effective 1 July 2024.

Mr Henschke brings over 17 years of experience in financial services, capital markets and legal sectors to BetMakers. He began his career as a solicitor in the corporate team at Herbert Smith Freehills, and for the past decade, he has worked as an investment banker. Most recently he served as Managing Director at Canaccord Genuity, focusing on software and digital businesses, including those in the wagering and betting sector. Mr Henschke’s expertise encompasses financial planning and analysis, strategy, capital management and M&A.

BetMakers CEO Jake Henson said: “We are delighted to welcome Carl as the company’s new CFO. His extensive financial expertise and deep understanding of high growth technology companies make him an ideal fit for BetMakers. Carl’s experience will be important as we continue to refine our operational efficiencies, expand our global presence, and enhance shareholder value.”

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