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Merged Tabcorp-Tatts gaming giant wants Australia-wide digital bet tax

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Merged Tabcorp-Tatts gaming giant wants Australia-wide digital bet tax

The $11 billion Australian gaming giant created by the merger of Tabcorp and Tatts will make a priority of fighting for nationally consistent digital-betting taxes on its foreign bookmaker rivals.

 

After shareholders this week voted to approve the long-awaited Tabcorp-Tatts mega-merger, Tabcorp chair Paula Dwyer said a political focus would be working to ensure regulations kept pace with the fast-changing wagering environment.

Ms Dwyer said the 15 per cent “point-of-consumption taxes” being rolled out in some states – taxing revenue on digital betting losses for the first time – must be “harmonised” across the board.

We believe it should be harmonised,” she said. “We don’t want to create opportunities to have efficiences between the states exploited.

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Ms Dwyer’s comments come as Tabcorp’s rival online corporate bookmakers urge governments in Victoria and New South Wales not to follow the 15 per cent tax rates of other jurisdictions, saying it would be too onerous and could jeopardise their businesses.

Tabcorp has long argued that point-of-consumption are needed to “level the playing field” in the gambling industry, as retail betting companies Tabcorp and Tatts have to pay vastly higher taxes than the online bookmakers, licensed in the Northern Territory.

Ahead of the Tabcorp-Tatts merger implementation on December 22, Ms Dwyer praised the “huge team effort” throughout the long-delayed 14-month saga of securing regulatory approval of the deal.

Now the challenge is to complete the integration and deliver at least $130 million in synergies we have committed to,” she said.

Ms Dwyer said integration would take up to two years, and the large savings would be achieved by 2020.

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We have now to really focus on implementing our plans … to really drive the best plan to take the integrated business forward,” she said.

Challenges in the Federal Court recently forced the merger proposal to be sent back to the competition tribunal for review, but it was again given the green light earlier this month.

Ms Dwyer said she was “always confident we would get there in one shape or another“.

Collectively we believe these businesses belong together … and it was worth giving a red-hot go,” she said. “I never lost my resolve.”

 

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Source: EEGaming.

American iGaming

Supremeland Gaming Gains Interim License Approval in West Virginia

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Supremeland Gaming, the emerging brand in American iGaming, announced the approval of an interim Supplier License in West Virginia, further solidifying its position as a key player in the rapidly expanding iGaming industry. This milestone marks the company’s third approval following the successful acquisition of the first approvals in Pennsylvania and New Jersey.

Supremeland Gaming is approved to operate under this interim license and is now authorized to offer its cutting-edge innovation to the Mountain State.

Supremeland’s game portfolio has garnered international appeal since its debut in November 2023. The innovative brand promises cutting-edge slot play, combining immersive storytelling, state-of-the-art graphics, and impressive bonuses.

Rickard Öhrn, CEO of Supremeland Gaming, said: “The acquisition of our interim Supplier License in West Virginia is a pivotal step in our journey, reflecting on our dedication to delivering innovative experiences to a broader audience. As we expand our footprint, our commitment to excellence remains unwavering, and we look forward to contributing to the vibrant gaming landscape in the Mountain State.”

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​​Supremeland is gaining traction for its emerging portfolio of top-notch games, including Red Panda Rising and the international debut title, Munition Mine, underscoring its commitment to pushing the boundaries of innovation in the iGaming industry.

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Albert Bellavista

Pragmatic Play Expands LatAm Reach with Betsala Deal

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Pragmatic Play, a leading content supplier to the iGaming industry, is continuing its momentum in the Latin American market, after signing an agreement to take its three biggest products live with Betsala.

The agreement will see Pragmatic Play’s full portfolio of award-winning Slot content go live, including recently released Slot titles Loki’s Riches and The Big Dawgs in addition to familiar player-favourites such as Sugar Rush and Gates of Olympus.

Betsala customers will soon gain access to Pragmatic Play’s Live Casino products upon integration being completed. The sector has been a focus for the provider over the previous 12 months with releases such as the dynamic Treasure Island game show which complements Pragmatic Play’s comprehensive range of casino classics such as Roulette, Mega Roulette, and Blackjack which are also available on the platform.

Completing the product offering is Pragmatic Play’s cutting-edge 3D renderings of popular sports such as horse and greyhound racing, football, and motorsports.

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The latest LatAm development for Pragmatic Play sees it further boost its profile across the region where it has cemented its status as a leading supplier of casino experiences.

Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “Proving LatAm is still a key source of growth, Pragmatic Play is delighted to now count Betsala as another valued partner in the region.

“Pragmatic Play’s three leading products will soon be on the platform, and we look forward to even more players discovering its robust and engaging offering.”

Albert Bellavista, CEO at Betsala, said: “Pragmatic Play has built a stellar reputation across Latin America for its high-quality experiences, and we welcome them as our latest partner to bolster our offering and provide more thrills than ever.

“Most iGaming enthusiasts worldwide are already familiar with Pragmatic Play’s titles and we know the upcoming addition of its content will come with a great response from our players.”

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Conferences

Pragmatic Play Gears Up for SAGSE LATAM 2024

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Pragmatic Play, a leading content supplier to the iGaming industry, is set to make another appearance at a Latin American summit, at SAGSE LATAM in Buenos Aires.

Taking place across two days from March 20th-21st, the event sees iGaming professionals gather at Buenos Aires’ Hilton Hotel for the 32nd edition of the iconic exhibition.

SAGSE LATAM marks the second summit attended by Pragmatic Play in Latin America in 2024, with its new immersive proposal Pragmatic Play Experience, after an extremely successful exhibition tour in 2023, which saw the provider make inroads across the continent and impress industry representatives.

The gaming provider will be at Stand 120 to showcase its diverse portfolio, including Slots, Live Casino, Virtual Sports and Bingo content, alongside its brand-new Sportsbook solution.

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In addition, Pragmatic Play will be a platinum sponsor of the event, highlighting the importance of such industry exhibitions and the vital role the leading provider plays in them.

Victor Arias, VP of Latin American Operations at ARRISE powering Pragmatic Play, said: “Pragmatic Play is proud to be a platinum sponsor of SAGSE LATAM and to be influential in shaping the future of the Latin American iGaming market. With a comprehensive multi-product offerings and solutions, it is poised to capitalise on the immense opportunities that the region presents.

“With an exciting range of panel discussions and interactivities that the conference brings, it is set to be yet another momentous date in the LATAM gaming calendar.”

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