Tag Archives: Zeljko Ranogajec
- David Walsh offers insights into Punters Club’s wagering ways
December 14, 2013
David Walsh, millionaire art curator and member of Australia’s legendary Punters Club betting syndicate, has one word for bettors who’d like to follow in his footsteps: don’t. In a wide-ranging interview with the Australian Financial Review, Walsh (pictured) offered a rare glimpse into the wagering ways that earned he and...
- VIP win rate boosts Crown profit; Punters Club leader was roulette fan at age 12
August 10, 2012
Australian casino operator Crown Ltd. posted a 22% gain in normalized profits to AU$415m (US$436m) for the fiscal year ending June 30. (Normalized profits are considered a more accurate reflection of performance because they eliminate variance in theoretical win rate from high-rolling VIP gamblers.) Non-normalized profits, on the other hand,...
- Crown picks developer for Sydney casino; sports betting whale data in court
August 2, 2012
Crown Ltd. boss James Packer is having a banner day. To begin with, Australia’s competition watchdog gave thumbs-up to Rupert Murdoch’s News Corp’s $2.1b bid for pay-TV outfit Consolidated Media Holdings, in which Packer holds a 50.1% stake. Assuming the News Corp deal goes through, the extra $1b in Packer’s...
- 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...
- Star Casino whales told to pay; taxman targets sports bet winnings; Tabcorp gaffe
July 6, 2012
Australia’s Supreme Court has ruled that five high-rolling Asian ‘whales’ must repay the $7m tab they collectively rung up at Sydney’s Star Casino. The Star went to court in order to compel the whales to make good following the March 2012 demise of junket operator SilkStar Global Marketing Ltd. A...
- 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...
CrownBet launches new TV ad, but won’t mention betting
September 26, 2016