Adam Rytenskild has been forced to resign after consideration from the Board. Tabcorp Managing Director and CEO Adam Rytenskild has been forced to resign following allegations of offensive language use within the company workplace. The company’s Board has appointed Maritana Partners to begin searching for a new MD and CEO. Despite agreeing to step down following the […]
Tabcorp has announced it has “received a number of unsolicited approaches and proposals” to buy its wagering and media business, but that there is no certainty any deal will take place. The Australian operator made the announcement in response to media reports in The Australian , confirming it has been approached about splitting its wagering […]
Tabcorp has announced it will pursue a demerger strategy with BetMakers, which will see all current bids rejected for its wagering business. Instead, the operator will focus on spinning off its businesses into two separate ASX-listed companies. Earlier in May, it was announced that BetMakers had offered to buy Tabcorp’s wagering business but Monday’s announcement has put an end […]
G lobal internet poker gross gaming yield (GGY) declined by over $1bn between 2010 and 2014 and will drop to $3.22bn by the end of 2019, data sent to Gambling Insider has showed. According to Global Betting and Gaming Consultants (GBGC), internet poker worldwide generated GGY of $4.99bn in 2010 and the total fell to […]
France’s National Gaming Authority (ANJ) has reported a return to growth in 2021, recording €10.7bn ($11.5bn) in revenue from the country’s gambling sector. Prompted by pandemic-related restrictions, 2020 saw a significant drop in activity, but a shift towards online and the easing of public health measures in 2021 has set France’s gaming industry on the […]
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