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Tripp said he would aggressively pursue sponsorship deals in the NRL, Super Rugby and A-League, admitting that Crownbet was still too Victoria-centred, and was confident his business would emerge as one of the market's big players should another round of mergers and acquisitions take place in the wagering sector.
Crownbet chief executive Matthew Tripp says his company is profitable. Arsineh Houspian. He also said CrownBet would pursue its own in-play betting option should the Barry O'Farrell review of the Interactive Gaming Act, due in mid-March, at least indicate in-play betting should be legalised.
Tripp said CrownBet's financial results had been improving rapidly, helped in recent months by a decision to rein in some of its television advertising spending.
That is ahead of where we thought we would be. The platform currently covers AFL, but has plans to add other sports […]. CrownBet CEO says wagering business is already profitable March 7, CrownBet chief executive Matthew Tripp says CrownBet is already performing better than expectations, less than two years after its introduction to the wagering market, according to an interview with the Australian Financial Review CrownBet was established from the remnants of the BetEzy brand in late Tripp says the business has about , active customers, […].
Western Australia to put betting agency up for sale within weeks February 14, CrownBet under investigation by gaming watchdog September 29, Sports betting agency CrownBet is under investigation by the New South Wales gaming watchdog over its latest advertising campaign offering rewards for customers, The Sydney Morning Herald reported.
Point of sale tax to eat into online revenue. Australian operators are concerned a point of consumption tax introduced in South Australia may go national, which they say could potentially render the wagering industry unprofitable.
The measure is an attempt to tax money where it is actually earned, effectively preventing online companies from enjoying tax arbitrage by basing their operations in a low tax state while offering their services across the country.
Bookie mega merger still leaves room for growth. Opponents to the merger say the combination will reduce competition in the fastest growing area of the market - online and telephone betting.
It also comes hot on the heels of new online gambling legislation, which far from bringing Australia in line with international standards, imposed a more restrictive regime.
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