Australian Competition And Consumer Commission

The Star Entertainment Group Limited eyeing Crown Resorts Limited merger

May 10, 2021

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

In Australia and The Star Entertainment Group Limited has reportedly floated a non-binding proposal that could see it merge with rival casino operator Crown Resorts Limited to create an entity that would run se...

Apollo Global Management Incorporated lodges Tabcorp Holdings Limited bid

Adam Morgan

May 7, 2021

Latest Casino and Gambling News, U.S.A., Australia, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

American private equity behemoth Apollo Global Management Incorporated has reportedly joined the race to buy the wagering and media business of Australian bookmaker Tabcorp Holdings Limited after lodging an off...

Entain increases Tabcorp Holdings Limited bid to just over $2.7 billion

Adam Morgan

April 27, 2021

Latest Casino and Gambling News, Australia, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

British land-based and online sportsbook operator Entain has reportedly lodged an improved bid worth slightly in excess of $2.7 billion for the wagering and media business of Australian bookmaker Tabcorp Holdin...

Tabcorp Holdings Limited rebuffs Entain takeover proposal

Adam Morgan

March 29, 2021

Latest Casino and Gambling News, Australia, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

Australian sportsbetting firm Tabcorp Holdings Limited has reportedly rejected an around $2.3 billion offer that was to have seen its wagering and media division become a part of prominent land-based and online...

Australian competition watchdog okays planned iGaming merger

Adam Morgan

February 18, 2020

Latest Casino and Gambling News, Australia, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

The competition regulator for Australia has reportedly informally approved the planned merger of Irish sportsbetting giant Flutter Entertainment with Canadian compatriot The Stars Group Incorporated. Accordi...

Final stretch for Tatts Group Limited and Tabcorp Holdings Limited merger

Adam Morgan

December 14, 2017

Latest Casino and Gambling News, Australia, Sports betting, Mergers, Acquisitions & Partnerships

In Australia, the proposed $8.3 billion merger of bookmaker Tatts Group Limited with sportsbetting giant Tabcorp Holdings Limited has reportedly received another large boost after being approved by the Supreme ...

Big boost for Tatts Group Limited merger with Tabcorp Holdings Limited

Adam Morgan

November 30, 2017

Latest Casino and Gambling News, Australia, Sports betting, Mergers, Acquisitions & Partnerships

In Australia, the proposed $8.3 billion mega-merger of bookmaker Tatts Group Limited (TTS.AX) with Horse-race betting giant Tabcorp Holdings Limited (TAH.AX) could now reportedly be completed before Christmas a...

Tatts Group Limited merger with Tabcorp Holdings Limited suffers setback

Adam Morgan

September 20, 2017

Latest Casino and Gambling News, Australia, Sports betting, Mergers, Acquisitions & Partnerships

In Australia, the proposed multi-billion-dollar merger of bookmaker Tatts Group Limited with giant rival Tabcorp Holdings Limited has reportedly been dealt a significant setback following a ruling from the nati...

Tabcorp Holdings Limited merger with Tatts Group Limited imminent

Adam Morgan

September 11, 2017

Latest Casino and Gambling News, Australia, Sports betting, Mergers, Acquisitions & Partnerships

In Australia, the proposed multi-billion-dollar merger of bookmaker Tatts Group Limited with giant rival Tabcorp Holdings Limited could now reportedly be completed as early as November. According to a report...

Tabcorp optimistic that Tatts merger will move forward

Sadonna Price

July 12, 2017

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships

Last year, Tabcorp announced they were working to acquire the Tatts Group Limited, but the megamerger was delayed due to issues involving objections by other domestic operators. The Australian Competition Tribu...

Australian authorities approve Tabcorp/Tats mega-merger

K Morrison

June 21, 2017

Latest Casino and Gambling News, Australia, Horse Racing, Sports betting, Mergers, Acquisitions & Partnerships

Eight months after the megamerger was first announced, the $11 billion acquisition of Tatts Group Limited (ASX: TTS) by Australian gambling giant, Tabcorp Holdings Limited (ASX: TAH) has been approved by the Au...

Tabcorp Holdings Limited’s plan to buy Tatts Group comes under scrutiny

Adam Morgan

March 9, 2017

Latest Casino and Gambling News, Australia, Horse Racing, Sports betting, Mergers, Acquisitions & Partnerships

In Australia, the national competition regulator has expressed concerns about Tabcorp Holdings Limited’s proposed $4.44 billion plan to buy rival Tatts Group due to the effect the proposed merger could have on ...

Australian superior court hits Bet365 with $2.75 million fine for misleading customers

K Morrison

June 12, 2016

Latest Casino and Gambling News, Australia, Fines, Lawsuits & Litigation

The Federal Court of Australia has ruled that one of the world’s leading online gambling groups, UK-based Bet365, engaged in misleading and deceptive conduct when it issued its “free bets” offer to new customer...

Hong Kong billionaire given green light by Aussie casino regulators

JT

August 27, 2014

Latest Casino and Gambling News, World Casino News, Asian Casino News, Oceania Casino News

Australian Gambling - Hong Kong billionaire Tony Fung is one step closer to his dream of building Australia’s most lavish resort after winning approval to purchase a neighbouring casino. The Australian Compe...

Did Bet365 mislead Australian players?

JT

August 14, 2014

Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online Gambling News, Oceania Casino News

iGaming Business - The Australian Competition and Consumer Commission (ACCC) has launched court action against Bet365 after accusing the online gambling operator of misleading customers with various offers. ...