Arena Racing Company (ARC) says it has secured a Gaming-Related Vendor licence from the General Commercial Gaming Authority in the UAE. The approval will allow ARC to offer racing products and services through licensed operators, including its Racing1 Markets service, developed with named racing-content and technical partners.
The approval allows ARC to offer its racing services through licensed operators in the UAE.
| Date | Company | Amount | Story | Appeal status |
|---|---|---|---|---|
| Coin Technology Projects | Not stated | GCGRA approves Play971 for online betting in the UAE | Not stated | |
| Play971, Momentum Group | Not stated | Play971 begins soft launch as UAE’s first reported licensed online gaming brand | Not stated | |
| Momentum Group | Not stated | GCGRA licenses Play971 for a UAE field trial | Not stated | |
| Play971, Coin Technology Projects | Not stated | Play 971 appears on UAE regulator’s online gaming licensee list | Not stated |
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Fitch reportedly said Tabcorp was well positioned to improve operating margins and reduce leverage. The available text gave no further details.
Fitch said Tabcorp Holdings is well positioned to improve its operating margins and reduce leverage, according to the report.
Fitch said slower earnings growth and heavy capital spending are keeping leverage high among gaming operators in Asia-Pacific, with recent downgrades linked to company-specific pressures. It expects Genting Bhd's net leverage to remain above 4.0 times over the next three years and Genting New York's annual capital spending to average around US$800 million over the medium term.
Victoria’s regulator fined Tabcorp $350,000 in July for telemarketing breaches. The penalty followed an earlier fine from the Australian Communications and Media Authority within the preceding three months.
Victoria's VGCCC fined Tabcorp AU$350,000 over shortcomings in implementing mandatory multi-factor authentication. The penalty concerns the Australian racing and wagering operator's authentication requirements.
Tabcorp reported FY26 revenue of $2.6bn. Chief executive Gillon McLachlan told ASX investors that the company could absorb the effects of Australia's newly approved gambling advertising reforms.