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Jumbo Interactive Extends Partnership with Tabcorp

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Digital lottery company Jumbo Interactive has extended its resale agreement with Tabcorp for a further 10 years.

This extension comes after a binding term sheet was signed on June 28 and will apply to all States and Territories, except Western Australia and Queensland.

“The next 10 years will see a lot of advances in the lottery industry both in Australia and abroad. The new 10-year reseller agreements are the longest ever term in Jumbo’s history and provide a basis for continuing expansion,” Mike Veverka, CEO and Founder of Jumbo Interactive, said.

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“In addition, growing the Australian online lotteries business with continued access to Tabcorp’s existing successful portfolio of lottery games, Jumbo will continue to pursue international lottery opportunities, leveraging Jumbo’s lottery software-as-a-service (SaaS),” he added.

For this 10-year extension, Jumbo will pay an upfront fee of $15 million to Tabcorp and a service fee totalling 4.65% of the ticket subscription price. This fee will begin at 1.5% in FY21, 2.5% in FY22, 3.5% in FY23 and 4.65% for every year after that.

From FY21 to FY23, and when the subscriptions exceed $400 million per year, Jumbo will pay an additional 4.65% of the exceed value.

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BetMakers Announces Extension to its Agreement with Sportsbet

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BetMakers Technology Group has announced extension of its agreement with leading Australian wagering operator Sportsbet for the provision of its pricing and data services across three-codes of racing.

Under this extended agreement, BetMakers will continue supplying Sportsbet with a comprehensive suite of pricing and data solutions to drive their global racing book. Leveraging BetMakers proprietary technology, global race day control services to support market management, racing event life-cycle and enhance trading strategies.

Nathan Arundell, Chief Commercial Officer, said: “Sportsbet and BetMakers are long-term partners and we are thrilled to extend our partnership further and continue to bring excitement to life to more than 2.2 million Australian customers.”

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Jake Henson, CEO of BetMakers, said: “We are delighted to extend our partnership with Sportsbet, Australia’s largest online wagering operator. This long-term extension highlights the strength of our relationship as well as the value our pricing and data services bring to the Sportsbet operation. We look forward to continuing to drive our offering forward with their support and collaboration.”

The post BetMakers Announces Extension to its Agreement with Sportsbet appeared first on European Gaming Industry News.

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David Tsai named as Featured Speaker at Regulating the Game 2025 Sydney

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David Tsai, CEO of Crown Resorts, has been named as a Featured Speaker of next month’s Regulating the Game conference, taking place at Sofitel Sydney Darling Harbour on March 10–13.

Tsai, who was appointed as Crown Resorts CEO in October 2024, brings two decades of integrated resorts experience to his leadership role. Joining Crown in December 2022, he initially served as CEO of Crown Perth before stepping into the top position following the departure of Ciarán Carruthers.

His career includes over 15 years with MGM Resorts International, where he held senior roles such as President of the Midwest Group, overseeing MGM Grand Detroit and MGM Northfield Park. During his tenure, he led large-scale transformations, such as the $550 million redevelopment of the Monte Carlo Resort & Casino into new lifestyle luxury brands Park MGM and NoMad Las Vegas.

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“Regulating the Game provides a great platform to discuss the regulatory landscape for the gaming industry. I look forward to sharing our insights, learnings, and vision to embrace guest safety and wellbeing while becoming the leading entertainment destinations in Australia,” Tsai said.

“David’s extensive experience in leading integrated resorts and driving transformative projects brings a unique perspective to the conference. His insights into strategic leadership, operational excellence, and navigating complex regulatory environments will be invaluable to attendees,” Paul Newson, Principal at Vanguard Overwatch, said.

The post David Tsai named as Featured Speaker at Regulating the Game 2025 Sydney appeared first on European Gaming Industry News.

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Western Australia Increases Penalties to Strengthen Gambling Laws

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The Government of Western Australia (WA) has increased enforcement powers and penalties to bolster the regulation of WA’s gambling industry through law reform.

The reforms address the findings and recommendations of the Perth Casino Royal Commission which found that the legislation needed to be modernised to be fit for purpose.

Amendments include significant increases in a range of penalties when there is a failure to comply with gambling laws and directions issued by the Gaming and Wagering Commission (GWC).

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Gaming and Wagering Commission Chair Gary Dreibergs said: “I welcome the reforms which will greatly assist the Gaming and Wagering Commission in our important task to enforce gambling laws and disrupt illegal gambling in WA.

“The substantial increase in penalties will act as a more effective deterrent and a more appropriate punishment for law breakers who may regard current lower penalties as an acceptable risk when they consider the profits that can be made from subverting the laws.

“The extra powers for the GWC will help to significantly boost our ability to carry out successful investigations and prosecutions to stamp out illegal activity, which often attracts money launderers and organised crime gangs.”

The post Western Australia Increases Penalties to Strengthen Gambling Laws appeared first on European Gaming Industry News.

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