1. By continuing to use the site, you agree to the use of cookies .This website or its third-party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy.Find out more.
    Dismiss Notice
  2. We have updated our Privacy Policy and Terms of Use, effective May 25, 2018. These changes were made primarily in preparation for the EU’s new data privacy law, the General Data Protection Regulation (GDPR). Please take a look here

    Dismiss Notice
  3. Follow Casinomeister on Twitter | Facebook | YouTube | Casinomeister.us US Residents Click here! |  Svenska Svenska | 
  4. Sister site to Casino Max launches

    Roaring 21 has just launched - sister casino to Casino Max, and they have a special promotion for you!! .They are in the Baptism by Fire - you can check them out here: Roaring 21 BBF and special promo.


    Dismiss Notice
Dismiss Notice

Codeta New Feature: Skill ScoreTM

The Codeta Tech team has developed based on a reasearch with our table game players. A feature that no other operator has on offer, a feature that is there to help our players to become better table game players whether you are experienced or a totally new to table games...

Dismiss Notice
REGISTER NOW!! Why? Because you can't do diddly squat without having been registered!

At the moment you have limited access to view most discussions: you can't make contact with thousands of fellow players, affiliates, casino reps, and all sorts of other riff-raff.

Registration is fast, simple and absolutely free so please, join Casinomeister here!

Australian Bookmaker Performs While Bigger Operations Flounder

Discussion in 'Casino Industry Discussion' started by Ian_go, Jan 24, 2007.

    Jan 24, 2007
  1. Ian_go

    Ian_go Dormant account

    Occupation:
    keeping the peace
    Location:
    Canada
    Centrebet came to an Australian Stock Exchange public listing on July 13th, 2006. This was the very day a well established player departed. Betcorp, a dual listed gaming company left the ASX which it listed on in 1999, saying its listing on London's Alternative Investment Market would stimulate greater interest from investors. On October 20th of the same year, just one week after President Bush signed the Unlawful Internet Gambling Enforcement Act, Betcorp announced the sale of its entire online gambling operations to US facing online gaming giant Bodog. Betcorp could have never predicted that the US government would pass laws effectively banning online gaming by US residents, and therefore ending Betcorps most profitable operations.


    After the US Mid-term elections the chairman of Centrebet questioned whether the anti-igaming laws would be enforced under the new Democrat-led US Congress. It would seam the power holding Dems have bigger fish to fry at present, as the laws still stands and the US Department of Justice has continued with its plans to reign in those companies and individuals connected with the business of online gaming. Centrebet's chairman John Kelly may have been a little off target with that line of enquiry, but the performance of Centrebet cant be faulted. Yesterday the companys stock price soared to a new high after the company said it remained ahead of its 2007 full-year prospectus forecasts. Centrebet put the surge down to "growth in ... turnover, and improvement in ... risk management" and "favourable" winnings from sporting and other wagerable events. This while the publicly traded gaming companies watched their share prices dwindle. How exactly has a sports book that primarily caters to a country of just 20 million continued to perform, while others faltered? Centrebet was purchased from the Jupiter corporation (owners of some of Australias larger land casinos) in 2003 by two of Sydney's best known bookmakers, Con and Peter Kafataris. The Kafataris brothers are You must register/login in order to see the link.
     

Share This Page