Category: reports/translation

Australia gambling giants Tabcorp and Tatts plan merger

BGMN

Two of Australia’s biggest bookmakers plan to merge, as they try to compete against the rise of online betting. Tabcorp and Tatts Group – the country’s largest non-casino gambling firms – hope to form a business worth A$11.3bn ($7.1bn; £8.7bn). But the deal needs to be scrutinised by regulators and approved by shareholders of both companies. Betting is a national obsession in Australia, making it one of the world’s most lucrative gambling markets. It has the world’s highest gambling loss per head, according to UK consultancy H2 Gambling Capital, with…

Yahoo urges US to clarify user data rules

BGMN

Internet firm Yahoo has called on the US government to clarify the rules around providing it with users’ data. The call comes after the firm was accused of secretly scanning millions of its users’ email accounts on behalf of the US government. The government should explain to the public the “national security orders they issue to internet companies to obtain user data,” it said. Yahoo said press reports about the firm’s “mail scanning” were misleading. “As we’ve said before, recent press reports have been misleading; the mail scanning described in…