The recent announcement of the merger between PartyGaming and bwin has shaken the online gambling industry to its core, leaving some of their major competitors desperately looking at how to maintain their market share in an industry that is destined for consolidation.
Financial results have been released this week for bwin, and like PartyGaming the numbers [...]
Tags: Australian gambling, bwin, Financial Results, gaming industry finance reports, partygaming
IGT, the gaming machine manufacturer have announced the launch or 4 new games at the Australian Gaming Expo (AGE) that it hopes will help it enhance its presence in the lucrative Australian market.
The IGT booth at the AGE exhibition which has taken place this week at the Sydney Convention Centre has proved a hit with [...]
Tags: aussie pokies, Australian gambling, IGT, Pokie manufacturers
Tabcorp Holdings have announced a change in strategy following a disappointing financial result for 2010 which saw overall profit for the group drop by $52m to $469.5m.
Tabcorp CEO Elmer Funke Kupper has announced a change in strategic direction that will see the group become more of a casino focussed company. In a move away from [...]
Tags: Australian gambling, Financial Results, gaming industry finance reports, Tabcorp
Following the recent announcement that Bally Technologies are to re-enter the Australian market, Aristocrat have announced immediate plans to aggressively defend their dominant position in their home market.
The appointment by the Las Vegas based Bally of two experienced former Aristocrat executives, and their announcement to use the Australian Gaming Expo (AGA) as a launch pad [...]
Tags: aristocrat, aristocrat pokies, aussie pokies, australia, Australian gambling, Bally Technologies
Bally Technologies, the Las Vegas based gaming company, have announced that they are to enter the lucrative Australian pokies market in a move that will prove great news for Australian pokies fans.
Two new senior appointments have been made by the American organisation. Mike McNee joins as the Managing Director of the new Australian division which [...]
Tags: aristocrat, aussie pokies, australia, Australian gambling, Bally Technologies
The Victorian government has announced the final shortlist of companies that are in the running to win the exclusive rights to provide wagering services to the state’s residents. The shortlist includes Tabcorp, Tatts Group and Ladbrokes who will all be competing for the 12 year state gambling license which comes into effect in 2012.
The license [...]
Tags: australia, Australian gambling
Figures released by the Victorian government have revealed that Victorians have spent $611 per person on pokies in the last year.
Overall, a total of $2.7 billion has been spent by Victorians in the last financial year according to an article published in the Sydney Morning Herald.
The figures which are published by the Victorian Commission for [...]
Tags: australia, Australian gambling
Perth’s Burswood casino looks set to get a $350m upgrade that will see it add an extra 300 online pokies and gaming tables to it’s casino floor.
According the Barry Felstead, Burswood’s CEO, the investment will take place over 3 years and will also see upgrades to the resorts accommodation and restaurants in what is a [...]
Rumours we are hearing from down under indicate that Australia may have its own Las Vegas in their own back yard. The idea has recently been promoted by Aidan McLindon, an Independant Queensland MP, and the concept has created some controversy in the Sunshine State, particularly amongst those opposed to gambling and it’s online variant [...]
Tags: Australian gambling, online pokies
According to news reports emanating today from Australia, it looks likely that the Federal Government will approve the Productivity’s Commissions Report on gambling which will see a raft of new reforms implemented within the Australian gambling and pokies sector.
The major headline grabbing changes will see the introduction of a maximum $1 bet per spin on [...]
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