Proactiveinvestors Australia - Sports RSS feed http://www.proactiveinvestors.com.au Proactiveinvestors Australia - Sports feed en Sun, 21 Jan 2018 17:10:05 +1100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com action@proactiveinvestors.com Topbetta Holdings raising $9M for its global betting platform http://www.proactiveinvestors.com.au/companies/news/182884/topbetta-holdings-raising-9m-for-its-global-betting-platform-182884.html Thu, 24 Aug 2017 09:13:00 +1000 http://www.proactiveinvestors.com.au/companies/news/182884/topbetta-holdings-raising-9m-for-its-global-betting-platform-182884.html TopBetta Holdings secures license to enter the U.S. wagering market http://www.proactiveinvestors.com.au/companies/news/182416/topbetta-holdings-secures-license-to-enter-the-us-wagering-market-182416.html Tue, 15 Aug 2017 08:55:00 +1000 http://www.proactiveinvestors.com.au/companies/news/182416/topbetta-holdings-secures-license-to-enter-the-us-wagering-market-182416.html TopBetta Holdings’ shares rise on securing UK betting licenses http://www.proactiveinvestors.com.au/companies/news/181255/topbetta-holdings-shares-rise-on-securing-uk-betting-licenses-181255.html Fri, 21 Jul 2017 14:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/181255/topbetta-holdings-shares-rise-on-securing-uk-betting-licenses-181255.html TopBetta Holdings inks a deal with one of Australia’s top punters http://www.proactiveinvestors.com.au/companies/news/179309/topbetta-holdings-inks-a-deal-with-one-of-australias-top-punters-179309.html Fri, 16 Jun 2017 10:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/179309/topbetta-holdings-inks-a-deal-with-one-of-australias-top-punters-179309.html TopBetta Holdings bags $1.5M to accelerate pooled wagering system http://www.proactiveinvestors.com.au/companies/news/177632/topbetta-holdings-bags-15m-to-accelerate-pooled-wagering-system-177632.html Thu, 11 May 2017 13:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/177632/topbetta-holdings-bags-15m-to-accelerate-pooled-wagering-system-177632.html TopBetta Holdings to reveal share placement http://www.proactiveinvestors.com.au/companies/news/177547/topbetta-holdings-to-reveal-share-placement-177547.html Wed, 10 May 2017 10:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/177547/topbetta-holdings-to-reveal-share-placement-177547.html Activistic hits the mark with new sports lottery product http://www.proactiveinvestors.com.au/companies/news/174735/activistic-hits-the-mark-with-new-sports-lottery-product-174735.html Tue, 14 Mar 2017 15:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/174735/activistic-hits-the-mark-with-new-sports-lottery-product-174735.html TopBetta Holdings set to launch the world-first pooled wagering system http://www.proactiveinvestors.com.au/companies/news/172529/topbetta-holdings-set-to-launch-the-world-first-pooled-wagering-system-172529.html Thu, 02 Feb 2017 09:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/172529/topbetta-holdings-set-to-launch-the-world-first-pooled-wagering-system-172529.html TopBetta Holdings prepares to launch global wagering technology platform http://www.proactiveinvestors.com.au/companies/news/171579/topbetta-holdings-prepares-to-launch-global-wagering-technology-platform-171579.html Fri, 13 Jan 2017 12:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/171579/topbetta-holdings-prepares-to-launch-global-wagering-technology-platform-171579.html TopBetta Holdings Ltd to reveal raising http://www.proactiveinvestors.com.au/companies/news/169301/topbetta-holdings-ltd-to-reveal-raising-169301.html Tue, 22 Nov 2016 12:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/169301/topbetta-holdings-ltd-to-reveal-raising-169301.html TopBetta Holdings achieves robust growth momentum from betting tournaments http://www.proactiveinvestors.com.au/companies/news/167121/topbetta-holdings-achieves-robust-growth-momentum-from-betting-tournaments-167121.html Mon, 10 Oct 2016 14:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/167121/topbetta-holdings-achieves-robust-growth-momentum-from-betting-tournaments-167121.html TopBetta Holdings Ltd raises $2.6M to grow customer base http://www.proactiveinvestors.com.au/companies/news/165544/topbetta-holdings-ltd-raises-26m-to-grow-customer-base-70541.html TopBetta Holdings Ltd (ASX:TBH) has received commitments to raise $2.6 million in a share placement to global and domestic sophisticated and institutional investors.

TopBetta is a fast growing online betting website in Australia achieving 400% growth in the past 12 months.

The company is using its proprietary technology to take share from the global wagering market.

Funds from the placement of 14.5 million shares at $0.18 will be used to aggressively target customers over the spring racing carnival period and expedite the launch of new products.

Since listing on the ASX in December 2015, TopBetta has grown users to 5,945 from 2,882 and quarterly wagering turnover to $11.17 million from $3.80 million.

TopBetta intends to complete its Northern Territory licence approval and launch multi betting shortly.

With the online wagering industry growing at 20% each year, the market is ready to be innovated with little to no innovation experienced recently.

The company plans to launch Global Tote by October which will see the business expand globally.

TopBetta is chaired by former Seven West Media executive Nick Chan.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Thu, 18 Aug 2016 16:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/165544/topbetta-holdings-ltd-raises-26m-to-grow-customer-base-70541.html
TopBetta Holdings Ltd in an ASX trading halt http://www.proactiveinvestors.com.au/companies/news/165543/topbetta-holdings-ltd-in-an-asx-trading-halt-70458.html TopBetta Holdings Ltd (ASX:TBH) is preparing to outline details of a share placement, and the ASX has granted the company a trading halt to prepare.

The halt will remain in place until the opening of trade on Thursday 18th August 2016, or earlier if an announcement is made to the market.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Tue, 16 Aug 2016 10:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/165543/topbetta-holdings-ltd-in-an-asx-trading-halt-70458.html
Manchester United set for £0.5bn of revenue in 2016 http://www.proactiveinvestors.com.au/companies/news/125917/manchester-united-set-for-05bn-of-revenue-in-2016-125917.html Fri, 13 May 2016 21:43:00 +1000 http://www.proactiveinvestors.com.au/companies/news/125917/manchester-united-set-for-05bn-of-revenue-in-2016-125917.html Will Ed Woodward be grilled by Manchester United investors? http://www.proactiveinvestors.com.au/companies/news/125874/will-ed-woodward-be-grilled-by-manchester-united-investors-125874.html Fri, 13 May 2016 15:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/125874/will-ed-woodward-be-grilled-by-manchester-united-investors-125874.html TopBetta Holdings bets on global fantasy sports wagering trend http://www.proactiveinvestors.com.au/companies/news/146584/topbetta-holdings-bets-on-global-fantasy-sports-wagering-trend-67813.html Online race betting company TopBetta Holdings Ltd (ASX:TBH), Australia’s first fantasy wagering company to be listed on the ASX, signed an agreement to make a strategic investment in the Australian wagering technology company, Modern Wagering Systems Pvt Ltd (MWS).

TopBetta is chaired by former Seven West Media executive Nick Chan.

The deal includes TopBetta being issued 12.5% of the shares in MWS for $250,000 with an option to increase the stake in the future.

As part of the agreement, TopBetta will be appointed as the exclusive wholesale distributor of MWS’s newly developed pooled betting product on global sporting contests.

In February 2016, TopBetta announced an advertising deal worth $1 million across 140 websites of Fairfax Media’s (ASX:FXJ) Australian Community Media division to promote fantasy tournaments.

Fairfax Media claims 3.4 million readers and a circulation of 2.1 million providing a strong growth platform for TopBetta.

TopBetta commenced trading on the ASX in December 2015 after raising $6 million from an initial public offering.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Fri, 01 Apr 2016 14:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/146584/topbetta-holdings-bets-on-global-fantasy-sports-wagering-trend-67813.html
Man Utd set for record yearly revenue http://www.proactiveinvestors.com.au/companies/news/122443/man-utd-set-for-record-yearly-revenue-122443.html Fri, 12 Feb 2016 01:53:00 +1100 http://www.proactiveinvestors.com.au/companies/news/122443/man-utd-set-for-record-yearly-revenue-122443.html TopBetta Holdings in sports radio deal as partners multiply http://www.proactiveinvestors.com.au/companies/news/146583/topbetta-holdings-in-sports-radio-deal-as-partners-multiply-66414.html TopBetta Holdings (ASX:TBH) has secured an exclusive partnership to provide sports betting, race wagering and fantasy tournament services with new digital radio platform EON Sports Radio and its associated mobile app.

EON Sports Radio broadcasts both original and licensed sports radio programs, covering major sports such as the A League, NBL, Australian AFL, NRL and cricket, and will be the exclusive Australian audio broadcaster of the English Premier League and many other European competitions through its partnership with international sports radio station, talkSPORT.

The deal will also use the talent from TopBetta’s “The Punters Show” premium content providers every week. 

Glenn Wheatley, a music industry entrepreneur who was a pioneer in bringing FM radio to Australia, is the key driver of EON Sports and has cited TopBetta’s growth opportunities in the deal.

“We are obvious partners for each other and offer a lot in our respective businesses that are unique to Australia on a national level,” he said.

TopBetta’s Saturday morning radio show is expected to be launched this weekend on EON Sports Radio, coinciding with the company’s big $50,000 Magi Millions tournament.

Magic Millions will also kick off an exclusive partnership established last week between TopBetta and new digital horse racing business G1X.com.au.

The partnership allows G1X to engage with their audience while allowing TopBetta to monetise this base with first to market wagering products.


Proactive Investors is a global leader in financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Mon, 04 Jan 2016 15:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/146583/topbetta-holdings-in-sports-radio-deal-as-partners-multiply-66414.html
Man Utd set to score annual revenue record http://www.proactiveinvestors.com.au/companies/news/119158/man-utd-set-to-score-annual-revenue-record-119158.html Fri, 13 Nov 2015 23:05:00 +1100 http://www.proactiveinvestors.com.au/companies/news/119158/man-utd-set-to-score-annual-revenue-record-119158.html Manchester United hires Sportech’s Cliff Baty as new CFO http://www.proactiveinvestors.com.au/companies/news/116666/manchester-united-hires-sportechs-cliff-baty-as-new-cfo-116666.html Tue, 27 Oct 2015 03:11:00 +1100 http://www.proactiveinvestors.com.au/companies/news/116666/manchester-united-hires-sportechs-cliff-baty-as-new-cfo-116666.html Manchester United 2015 revenue drops as it failed to qualify for Champions League http://www.proactiveinvestors.com.au/companies/news/110892/manchester-united-2015-revenue-drops-as-it-failed-to-qualify-for-champions-league-110892.html Thu, 17 Sep 2015 22:22:00 +1000 http://www.proactiveinvestors.com.au/companies/news/110892/manchester-united-2015-revenue-drops-as-it-failed-to-qualify-for-champions-league-110892.html Performance Sports says ex-chair starts proxy battle for board seat http://www.proactiveinvestors.com.au/companies/news/115248/performance-sports-says-ex-chair-starts-proxy-battle-for-board-seat-115248.html Performance Sports Group (TSE:PSG) said its former chairman has launched a proxy battle to regain a seat on the sports-equipment maker's board.

The Exeter, N.H.-based company said in a statement on Tuesday that the Walter Graeme Roustan Trust plans to nominate W. Graeme Roustan as a director at the company's annual meeting on October 14. 

Performance Sports said Mr. Roustan asked to be added to its board earlier this year, a move it rejected.

Performance said it is recommending that shareholders reject Mr. Roustan’s nomination.

“It is unfortunate that Mr. Roustan has decided to engage in an unnecessary and costly proxy contest at a time when it is clear the company is successfully implementing its corporate strategy, capturing market share and driving performance,” the company said in the statement.

Performance Sports, formerly known as Bauer Performance Sports Ltd., manufactures equipment for ice hockey, roller hockey, and lacrosse, as well as related apparel.

Shares were up 0.6% at $17.29 at 12:48 p.m. in Toronto. The stock has lost 18% this year.

The company has been hit hard by a decline in the Canadian dollar against the U.S. currency. In July it provided guidance its current fiscal year and the first quarter of its next fiscal year that trailed analyst consensus.

 

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Wed, 16 Sep 2015 04:55:00 +1000 http://www.proactiveinvestors.com.au/companies/news/115248/performance-sports-says-ex-chair-starts-proxy-battle-for-board-seat-115248.html
Manchester United shares rise as David de Gea stays http://www.proactiveinvestors.com.au/companies/news/110737/manchester-united-shares-rise-as-david-de-gea-stays-110737.html Sat, 12 Sep 2015 00:47:00 +1000 http://www.proactiveinvestors.com.au/companies/news/110737/manchester-united-shares-rise-as-david-de-gea-stays-110737.html BRP posts surprise Q2 adjusted profit on higher sales http://www.proactiveinvestors.com.au/companies/news/114573/brp-posts-surprise-q2-adjusted-profit-on-higher-sales-114573.html BRP (TSE:DOO), a Canadian recreational vehicle maker, reported an unexpected adjusted profit in its fiscal second quarter, helped by higher sales from propulsion systems and accessories.

Net loss widened to C$68.3mln, or C$0.58 loss per share, from C$3.6mln, or C$0.03 loss per share, a year earlier, the Valcourt, Quebec-based company said in a statement on Friday.

Adjusted earnings were C$0.03 per share, while analysts predicted a loss of C$0.02 per share, according to the average of 9 estimates compiled by Capital IQ. 

Second-quarter revenue rose 4% to C$812.1mln year-over-year, topping the analyst consensus of C$785.7mln.

Revenue from propulsion systems increased 13.0% to $95.4mln for the July quarter.

Revenue from parts, accessories, clothing and other services increased 11.9% to $154.9mln.

Looking ahead, the company boosted its full-year adjusted earnings per share to C$1.55-C$1.70 per share from C$1.50-C$1.65. Analysts are expecting an adjusted profit of $1.60 per share.

The company also anticipates full-year revenue growth of 5% to 9%. Analysts are expecting 6.9% growth on average.

 

Shares closed up 2.4% at C$26.83 in Toronto on Thursday, expanding this year’s gain to 11%.

 

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Sat, 12 Sep 2015 00:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/114573/brp-posts-surprise-q2-adjusted-profit-on-higher-sales-114573.html
Planet Fitness is in great shape, says Jefferies http://www.proactiveinvestors.com.au/companies/news/117402/planet-fitness-is-in-great-shape-says-jefferies-117402.html Fri, 04 Sep 2015 05:31:00 +1000 http://www.proactiveinvestors.com.au/companies/news/117402/planet-fitness-is-in-great-shape-says-jefferies-117402.html Manchester United to unveil Xperience Lab at "Theatre of Dreams" http://www.proactiveinvestors.com.au/companies/news/115113/manchester-united-to-unveil-xperience-lab-at-theatre-of-dreams--115113.html NYSE-listed English football club Manchester United (NYSE:MANU) has announced a digital partnership with information technology services company HCL Technologies (NSE:HCLTECH).  

The two will work together to explore and unveil a number of digital initiatives to sate the demand for information from the club's estimated 659mln fans worldwide.

To kick off, HCL will create a state-of-the-art United Xperience Lab at the so-called "Theatre of Dreams", Manchester United's football stadium at Old Trafford.

"With the introduction of the United Xperience lab at Old Trafford, we hope to demonstrate best practices within the industry to generate new ideas that leverage the latest technology available in the evolving digital landscape," said Manchester United;s group managing director, Richard Arnold.

Earlier today it was revealed that Manchester United was one of the companies that had bagged one of the new top level Internet domains: .fan.

The new domain extension is powered by London-quoted firm CentralNIC (LON:CNIC), and it is being fully launched today though trademark-only registration has already been possible.

dotFans, the company that owns the rights to the .fans domain, said it had been “blown away” by the response during the initial 60 day registration period.

After an indifferent start to the season, Manchester United lies in fifth place in the English Premier League table, five points behind bitter local rivals Manchester City, after four games of the 38-game season.

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Thu, 03 Sep 2015 04:26:00 +1000 http://www.proactiveinvestors.com.au/companies/news/115113/manchester-united-to-unveil-xperience-lab-at-theatre-of-dreams--115113.html
WWE, Manchester Utd and Beyonce sign up for .fans domain http://www.proactiveinvestors.com.au/companies/news/115112/wwe-manchester-utd-and-beyonce-sign-up-for-fans-domain-115112.html FC Barcelona, Manchester United football club, WWE, and Beyoncé are among hundreds of major brands and performers to sign-up for new ‘.fans’ internet domain names.

The new domain extension is powered by London-quoted firm CentralNIC (LON:CNIC), and it is being fully launched today though trademark-only registration has already been possible.

dotFans, the company that owns the rights to the .fans domain, says it has been “blown away” by the response during the initial 60 day registration period.

“Many of the world’s leading brands have recognised the value that securing a .fans domain name has for them,” said Sam Taylor, dotFans director of global marketing. The .fans domain, according to dotFans, offers an ‘intuitive and resonant signpost’ for fans seeking content online.

AIM-quoted CentralNIC is the technical partner and wholesale distributor for dotFans. Essentially, its platform manages the technical side of running a top-level web domain and makes it available for domain name sellers like GoDaddy, who in turn sell the full domain names (i.e. everything before and after the ‘dot’) to website owners.

It is the key intermediary between the entrepreneurs that secure the rights to new top level domains and the domain name sellers. CentralNIC, in return, receives a share of the revenues received for the use of domain names.

“We are delighted to be the key technical partner enabling dotFans to launch what we believe will be one of the most exciting TLDs in the market to date,” said Ben Crawford, CentralNIC’s chief executive.

“This strong start - with some of the world’s leading sports, consumer and entertainment brands rapidly coming on board - signals the value these clients are assigning to the .fans extension.

“Through years of experience in the domain name industry, we at CentralNic understand the value and potential of TLDs such as .fans and are excited by the potential we see for this extension.”

According to dotFan, everybody is a fan of something and ‘fandom’ is a huge part of the ‘online experience.

Fandom drives a huge part of the appeal of social networks such as Facebook, Twitter and Instagram, Taylor highlights.

“Many people spend hours online consuming content about the things they love,” he added.

“We know that .fans domain names are a brilliant way to better signpost this content to engage with fans, and a great way to capture attention of true fans.”

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Wed, 02 Sep 2015 22:49:00 +1000 http://www.proactiveinvestors.com.au/companies/news/115112/wwe-manchester-utd-and-beyonce-sign-up-for-fans-domain-115112.html