Australia
ZeroFlucs Appoints Benjie Cherniak as Strategic Advisor
Australian-based sports wagering start-up ZeroFlucs has appointed Benjie Cherniak, principal at Avenue H Capital and former managing director of Don Best, as a strategic advisor.
ZeroFlucs provides software that enables sports betting operators to dramatically augment their pricing offerings while leveraging their own existing data sources and relationships. Market deliverables include Same-Game and Same-Race parlays, blended betting and overall content enhancement such as additional markets.
With 15+ years of industry experience in both the US and international markets, Cherniak will play a pivotal role in ZeroFlucs growth trajectory.
“ZeroFlucs technology is a game changer for race and sportsbook operators. That they can significantly augment market offerings is a big win – but that they can do so utilizing an operator’s existing pricing feeds ensures pricing accuracy and an enhanced user experience, thus differentiating from the competition. I’m thrilled to be aligning with Steve and his capable team as they introduce their technology stateside and beyond,” Cherniak said.
“Working with Benjie has been absolutely pivotal for us: helping us refine our product positioning and messaging, as well as providing contacts and market insight. Benjie is a proven commodity in the space. Nearly every operator has worked with him in some capacity over the years and everyone in the industry respects his understanding of the market. It’s hard to imagine a better partner for us on this journey,” Steve Gray, Founder of ZeroFlucs, said.
Australia
Newcastle Hotel Fined for Gaming Machine Offences
Newcastle hotel out of pocket $7,540 for gaming machine offences
A Newcastle hotel has been fined $7,540 after being convicted of operating gaming machines outside authorised hours.
The licensee of the Royal Inn Hotel at Waratah pleaded guilty to 13 offences under the Gaming Machines Act 2001 in Downing Centre Local Court on March 11 following an investigation by Liquor & Gaming NSW.
Executive Director of Regulatory Operations, Jane Lin, said these were serious breaches of the state’s gaming laws.
“These restrictions are in place to reduce the risks of gambling harm by limiting the time patrons can spend playing gaming machines,” Lin said. “Apart from breaking the law, the Royal Inn Hotel placed its patrons at greater risk of gambling harm. As this case shows, venues that fail to abide by gaming machine trading hours can expect to be caught and face significant penalties.”
Liquor & Gaming NSW reviewed the hotel’s gaming activity and found that on Saturday, April 15, 22 and 29, 2023, gaming machines were operated during the shutdown period from 1am to 7am. The hotel submitted to the court that the breaches were a genuine misunderstanding of the licence conditions by the approved manager.
In sentencing, the magistrate noted the onus was on the licensee to ensure staff were appropriately trained and that a message had to be sent to those venues, which had the highly profitable right of operating gaming machines in New South Wales.
For free, confidential advice and support, call GambleAware on 1800 858 858 24/7 or visit www. GambleAware.nsw. gov. au.
Australia
AUSTRAC Commences Investigation into Online Betting Company Bet365
AUSTRAC has commenced an enforcement investigation into Hillside (Australia New Media) Pty Limited (bet365).
The investigation will focus on whether bet365 has complied with its obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) and follows a supervisory campaign of entities within the corporate bookmaker sector and AUSTRAC’s consideration of the external audit report received following AUSTRAC’s order to bet365 to appoint an external auditor.
AUSTRAC CEO Brendan Thomas, said betting agencies, like all regulated entities, have a significant role to play in combating financial crime.
“Corporate bookmakers must have robust systems in place to ensure they can manage and mitigate risks associated with money laundering and terrorism financing,” Mr Thomas said.
“Businesses without adequate processes in place to manage those risks leave themselves vulnerable to exploitation by criminals.”
Australia
Aristocrat Appoints Matthew Primmer as Chief Product Officer
Aristocrat Leisure Ltd announced the appointment of Mr Matthew (Matt) Primmer to the position of Chief Product Officer, reporting directly to Aristocrat CEO & Managing Director Trevor Croker. Mr Primmer’s appointment is effective immediately. He will join Aristocrat’s Executive Steering Committee, and remain based at the company’s offices in Las Vegas, Nevada.
Mr Primmer comes to the role with over 20 years’ experience in the global gaming industry, including ten years at Aristocrat in a range of senior product strategy, insights and leadership roles in Australia and the US. Mr Primmer has been Chief Product Officer at Aristocrat Gaming for four years, leading Design & Development (D&D) in Aristocrat’s largest operating business, with casino game content and hardware comprising its most strategically important portfolios. Mr Primmer previously held marketing and sales roles at Ainsworth Game Technology and Shuffle Master. Mr Primmer holds a Bachelor of Commerce from the University of Wollongong.
“I am delighted to elevate a global gaming executive of Matt’s calibre to our leadership team. Over the past decade, Matt has made a strong contribution to building and extending Aristocrat Gaming’s global product leadership, fostering our outstanding creative and technical talent, championing D&D and placing customer needs at the centre of our product strategy,” Mr Croker said.
“Matt’s appointment brings additional, proven gaming experience to the executive team. In his new role, Matt will help us maintain an enterprise view of product strategy as our business grows to encompass a broader range of product verticals, while also ensuring the most effective allocation of D&D investment” Croker added.
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