Centrebet
Encyclopedia
Centrebet is an Australia
n bookmaker
licensed in the Northern Territory
.
Centrebet originated from Alice Springs, Northern Territory
and was the first bookmaker to be licensed in Australia in 1993 and the first bookmaker to go online in the Southern Hemisphere
. Centrebet was acquired by its biggest domestic rival, the SportOdds Group in 2003 for the sum of AUD$46.55 million. In 2005, SportOdds merged its Centrebet, SportOdds.com and SuperOdds.co.uk businesses into one entity, known as Centrebet.
Michael McRitchie is the CEO of the company while Peter Foot acts as chief bookmaker.
Centrebet is the second largest private bookmaking company in Australia and one of the biggest bookmakers in the world, with betting across all sports (both within and outside of Australia), horse racing and other events, including Australian elections and television shows
. The Centrebet Group offers over 4000 individual betting options every week.
The Centrebet Group has recently commenced expansion of its core operations to include online gaming, including poker
and casino
. However, due to Australia's Interactive Gambling Act
, the Group are not permitted to offer gaming products to Australians. In 2006, the company listed on the Australian Stock Exchange
.
In January 2011 Centrebet acquired the naming rights to Penrith Stadium
; under sponsorship rights it will be known as Centrebet Stadium Penrith for the next five years. In February 2011 a three year deal as a major sponsor of the St Kilda Football Club was also announced.
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
n bookmaker
Bookmaker
A bookmaker, or bookie, is an organization or a person that takes bets on sporting and other events at agreed upon odds.- Range of events :...
licensed in the Northern Territory
Northern Territory
The Northern Territory is a federal territory of Australia, occupying much of the centre of the mainland continent, as well as the central northern regions...
.
Centrebet originated from Alice Springs, Northern Territory
Northern Territory
The Northern Territory is a federal territory of Australia, occupying much of the centre of the mainland continent, as well as the central northern regions...
and was the first bookmaker to be licensed in Australia in 1993 and the first bookmaker to go online in the Southern Hemisphere
Southern Hemisphere
The Southern Hemisphere is the part of Earth that lies south of the equator. The word hemisphere literally means 'half ball' or "half sphere"...
. Centrebet was acquired by its biggest domestic rival, the SportOdds Group in 2003 for the sum of AUD$46.55 million. In 2005, SportOdds merged its Centrebet, SportOdds.com and SuperOdds.co.uk businesses into one entity, known as Centrebet.
Michael McRitchie is the CEO of the company while Peter Foot acts as chief bookmaker.
Centrebet is the second largest private bookmaking company in Australia and one of the biggest bookmakers in the world, with betting across all sports (both within and outside of Australia), horse racing and other events, including Australian elections and television shows
Television program
A television program , also called television show, is a segment of content which is intended to be broadcast on television. It may be a one-time production or part of a periodically recurring series...
. The Centrebet Group offers over 4000 individual betting options every week.
The Centrebet Group has recently commenced expansion of its core operations to include online gaming, including poker
Poker
Poker is a family of card games that share betting rules and usually hand rankings. Poker games differ in how the cards are dealt, how hands may be formed, whether the high or low hand wins the pot in a showdown , limits on bet sizes, and how many rounds of betting are allowed.In most modern poker...
and casino
Casino
In modern English, a casino is a facility which houses and accommodates certain types of gambling activities. Casinos are most commonly built near or combined with hotels, restaurants, retail shopping, cruise ships or other tourist attractions...
. However, due to Australia's Interactive Gambling Act
Interactive gambling act
The Interactive Gambling Act was passed in June 2001 by the Australian Government with the purpose of protecting the Australian public from the detrimental effects of online gambling.-The Law:...
, the Group are not permitted to offer gaming products to Australians. In 2006, the company listed on the Australian Stock Exchange
Australian Stock Exchange
The Australian Securities Exchange was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006. It is the primary stock exchange group in Australia....
.
In January 2011 Centrebet acquired the naming rights to Penrith Stadium
Penrith Stadium
Penrith Stadium is a rugby league and soccer stadium located on Mulgoa Road, Penrith, New South Wales, Australia.The 22,500 seat venue is the home ground for the Penrith Panthers who play in the National Rugby League...
; under sponsorship rights it will be known as Centrebet Stadium Penrith for the next five years. In February 2011 a three year deal as a major sponsor of the St Kilda Football Club was also announced.