Con Kafataris listed Australian bookmaking company, Centrebet (ASX Code:CIL) has reported revenues from online sports betting, and racing in particular, were the star performers in its business over 2008-2009.
An investor presentation lodged with the Australian Stock Exchange (ASX) along with its latest profit report revealed Australian online betting revenues jumped 23% for the year to $32.9million.
Revenues
Click on the title to read more Centrebet reports Australian online sports betting revenue up 23%
Giant US card companies, Visa and Mastercard, have been foiled in a bid to escape regulatory control of their Australian interchange fees. They had hoped to escape the irksome regulation, which caps the fees that their banking agents can charge each other for switching and processing card transactions. Instead, the fees will continue, and may even
Click on the title to read more Visa , Mastercard foiled in bid to escape Reserve Bank regulation
A product rather than a customer focus has left Australian online retailers 3 to 4 years behind the rest of the world according to IBM Websphere executive, Peter Domjen. Speaking after the recent Online Retailer conference, where IBM was a major sponsor, Domjen said that IBM’s main product offering for eTailers is called Websphere Commerce.
He said
Click on the title to read more Australian online retailers 3 to 4 years behind the world, says IBM
When Carsales.com Limited floats on the Australian Stock Exchange early in September it is expected to be worth more than $A800million.
It will make Greg Roebuck, the company’s founder and still its MD and CEO, already a multi-millionaire, even richer, and probably one of Australia’s richest men.
Unlike some of the other ecommerce success stories however, Roebuck has
Click on the title to read more CarSales.com.au float to value company at $A800million plus
More than 2,500 people were at the Online Retailer conference in Sydney this week, signalling a coming boom for the sector.
Highlights were numerous. Presentations from the co-founders of the amazing US online business – Zazzle, and from Fi Bendall, a social media expert, were stand-outs. So too, was an opening keynote from eBay’s Australian CEO, Deb
Click on the title to read more Online retail gets power boost from huge numbers at Sydney conference
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