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Internet Betting Revenues Up in Australia

There is no doubt that for many companies, rather than online casino slot machines, poker and other internet casino games, internet betting is fast becoming the bread and butter in terms of easy and high revenue. Though online casino betting is fairly new in the marketplace (in some countries online betting has just in the past few months been legalized) many companies that operate internet betting sites have reported drastic increases in revenue from this sector as more and more players discover the ease of online casinos betting.

Specifically, the sportsbetting group Tabcorp, based out of Australia, has reported significant increases in online casino betting revenues in the past fiscal year. Robert Nason, the Managing Director at Tabcorp betting group commented that the sportsbetting revenue is up nearly 24 percent just last year. Additionally, the company is expecting that the sportsbetting industry will follow the trends in the online casinos industry and continuing growing exponentially.

Tabcorp services both the sports betting markets and the online horserace and greyhound betting as well. Additionally, outside of the online casino betting services, bettors can also bet through Tabcorps land-based venues such as pubs, clubs, agencies and more. Include bettors from the online casino and land-based betting markets, Tabcorp boasts 400,000 registered player accounts.

Nason postulates that part of the reason that the online casinos and internet betting industries are so popular is due to players “[embracing] the speed and convenience of online betting.” Nason continues to stress that the online casino betting sector of the company “continues to be [the company’s] fastest growing distribution channel.”

Additionally, Nason adds for future potential Tabcorp bettors that the company is focusing on “[enhancing its] online wagering presence” as a way to allow bettors access to all the content they need to place bets and deliver better functionality, speed and quality of information.”