The second-biggest casino operator from Australia, The Star Entertainment Group, makes record profits at the end of the 2018 financial year, recording a 50% revenue rise. Asian VIP clients have returned to gamble. These high rollers, who are a significant source of revenue for those running casino games, have been betting large sums of money in its resorts and enjoying periods of repeated success, as the firm discloses.
Upon the newest set of regulations implemented by the Australian government, it seems like numerous “synthetic” lotteries have had to suffer, the latest example being Lottoland, whose betting website has been recently banned. This has come as great news for the biggest player in the local gambling scene, Tabcorp gaining a leaping advantage over its competitors.
All websites operating online bets without demanding from gamblers the actual purchase of a lottery ticket will not be able to access the Australian gambling scene, once the landmark law approved by the parliament comes into operation starting from 1th of January 2019. Lottery providers that offered traditional gambling opportunities, such as the one mentioned above, have been under threat since the rise of synthetic lottery sites, so this news comes as a huge victory.
Free-to-play sports games grow in popularity, and two big players in the industry are ready to sign another partnership in this regard.
By prolonging the contract with Sportsbet, Sportscaller introduced to their clients a series of social betting games, games that are due to satisfy the client’s passion for two of the most loved sports across Australia: rugby and football. The localized titles will offer jackpots that pass AU$350,000 (US$263,480). Sportscaller claimed that these games are developed to help the company increase the acquisition and retention potential.