Centrebet

Centrebet was an Australian bookmaker licensed in the Northern Territory.[1]

Centrebet
TypePrivate
IndustryGambling
Founded1993
HeadquartersAlice Springs, Australia
Key people
Michael McRitchie (CEO)
Peter Foot (Chief Bookmaker)
ParentBetEasy
Websitewww.centrebet.com

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 $47 million. In 2005, SportOdds merged its Centrebet, SportOdds.com and SuperOdds.co.uk businesses into one entity, known as Centrebet. In 2006, the company was listed on the Australian Securities Exchange.[2]

In May 2011, Centrebet entered a scheme of arrangement with Sportingbet and was delisted on 1 September 2011.[3][4]

In 2017, the Centrebet brand was revived by William Hill Australia[5] In 2018 Centrebet was included in the merger of William Hill Australia with CrownBet to form BetEasy.[6]

References
  1. Williams, Robert J.; Wood, Robert T.; Parke, Jonathan (2012). Routledge International Handbook of Internet Gambling. Routledge. p. 3. ISBN 9780415594431.
  2. Centrebet International Limited: Admission to Official List Australian Securities Exchange 11 July 2006
  3. Centrebet International Limited enters into Scheme Implementation with Sportingbet Centrebet 28 May 2011
  4. Centrebet International Limited: Removal from Official List Australian Securities Exchange 1 September 2011
  5. William Hill relaunch Centrebet as a service for serious punters Punters 4 January 2017
  6. William Hill exist Australia with $244 million CrownBet sale Reuters 6 March 2018
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