Online betting is major business in Australia and while operators are worried at the idea of the authorities reviewing the tax set up, some key aspects mean new entrants, even the likes of Bet365, find it hard to dislodge the leading operators.
Fin Goulding has beenPaddy Power CIO since 2012 and has overhauled the way the bookmaker develops its platforms and tech. The process however has been far from easy and required all-out effort from Goulding and his team, he tells iGaming Business.
Ladbrokes quarterly pre-tax profits were down more than half on the previous quarter and new chief executive Jim Mullen has said he will bring forward his strategic review of the company to June as he seeks to address key issues affecting the UK's second largest bookmaker.
The Australian Competition and Consumer Commission (ACCC) regulatory body is to sue Bet365 after accusing the online gambling operator of breaching consumer law and making “misleading representations” to customers.
Henrik Tjarnstrom took up the chief executive job at Unibet in the wake of the group's exit from the French market in 2010. Since then he has masterminded Unibet’s re-entry into regulated markets across Europe - and in Australia - without sacrificing growth or destroying shareholder value. iGaming Business spoke to Tjarnstrom about how he has achieved this balance, why not giving up on poker was the right decision and why potential Swedish regulation is about so much more than tax and duty.
Online lottery provider Jumbo Interactive has cited the impact of record ticket sales in Australia as one of the main reasons behind a year-on-year jump in revenue during the six months to December 31, 2014.