Tag Archives: Tote Tasmania
- Former Sports Alive punters officially left high and dry following Supreme Court decision
March 23, 2013
Earlier this month, the Victorian Supreme Court issued a ruling that essentially declared that the over 18k former customers of collapsed online bookie Sports Alive can officially kiss their long-lost account balances goodbye. The Melbourne-headquartered, Australian Capital Territory (ACT)-licensed bookie went dark in August 2011 with a deficit of $14m...
- Punters Club went ‘crazy’; Tote price ‘fair’; Clubs NSW hopes floating casino sinks
July 25, 2012
Australian betting outfit Tabcorp has earned a $14.3m refund from the Australian Tax Office (ATO) after overpaying goods & services tax (GST) at its wagering businesses in Victoria and New South Wales between May 2006 and March 2010. Meanwhile, the ATO is looking to collect $37m from David Walsh, the...
- Australian betting whale’s move abroad to cost race bookies millions
May 18, 2012
Australian horserace betting operators are crying into their Fosters on the news that the industry’s largest whale has swum overseas, taking his betting bounty with him. Zeljko Ranogajec (pictured right), whose betting slips are estimated to have accounted for 8-10% of Tabcorp’s horseracing turnover and up to a third of...
- Tatts confirm TOTE purchase
March 28, 2012
Tatts Group has confirmed a deal to buy TOTE Tasmania has gone through and maintains that job losses are inevitable. It was announced to the stock exchange that a $103 million deal has gone through with Tatts taking the TOTE off the hands of the state government. It secures the...
- Tatts H1 profit; Tote rebates questioned; Star Casino high rollers piss under tables
February 23, 2012
Tatts Group has reported an 11.3% bump in profit to AU $166.88m (US $177.3m) on revenues of $1.97b (+4.1%) for the six-month period ending Dec. 31. Profits were aided by a strong performance from Tatts lottery operations and increased earnings (despite a decreased win rate) at fixed-odds division TattsBet. In...
- French warming to in-play; TOTE could shed 80 jobs; Rudd to ditch pokies reform
February 22, 2012
French online sports bettors are increasingly switching from pre-match betting to gambling in-play. Figures released by GamblingData give projections on the amount of money per stake in 2011. They found that in-play stakes online were an average of €20.47 whereas those put on before the game were a mere €5.87...
PMU told to change their name
February 2, 2011
Tabcorp hit with $35M fine in money laundering probe
March 20, 2017
Lottoland rumored buyer of Jumbo Interactive stake
April 21, 2017