It will become a wholly-owned subsidiary of Sportingbet
Centrebet takeover approved by Australian Court
2011-08-25
Reading time 25 seg
(Australia).- Sportingbet’s takeover of Centrebet has edged closer after receiving the approval of the Federal Court of Australia. The news follows last week’s announcement that the takeover had received the backing of Centrebet shareholders.
In a statement to the London Stock Exchange, London-listed Sportingbet confirmed that the schemes pertaining to the takeover will “become effective” upon the lodging of relevant court orders to the Australian Securities and Investments Commission.
The suspension of Centrebet shares will follow, with the Australian company set to be officially delisted from the Australian Securities Exchange on 31 August, at which point it will become a wholly-owned subsidiary of Sportingbet.
Leave your comment
RELATED NEWS
Season-long branding placement
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
Christian Genetski tapped to lead
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
Expanding footprint in regulated markets
Wazdan shortlisted in five categories at SBC Awards Americas 2026
COMPANIES
Season-long branding placement
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
Q1 net income falls 38% to $209 million
Flutter boosts prediction market spending despite Q1 profit slump, cuts 2026 outlook
Christian Genetski tapped to lead
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
Brings more than 20 years of experience
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
NYCE Marketplace
Vor Turbo shares product overview
Sportsbook integration: Deploying betting widgets at scale
Partnership expansion
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Also authorised in New Jersey, Michigan
Flows secures Pennsylvania Gaming Control Board authorisation
LATEST NEWS
ONLINE GAMING
LEGISLATION
SPORTS BETTING
EVENTS
Expanding footprint in regulated markets
Wazdan shortlisted in five categories at SBC Awards Americas 2026
May 12–14, Venetian Macao
Aristocrat Gaming showcases new Asia-focused portfolio at G2E Asia
EVENTS CALENDAR
Highlighted
Affpapa Conference Madrid 2026
Highlighted
MAC Affiliate Conference 2026
Highlighted
SBC Summit Americas 2026
JUN 9th 26 / JUN 11th 26
Live Event Broward County Convention Center, Fort Lauderdale, Florida
Highlighted
PGS 2026
Highlighted
SBC Summit 2026
Highlighted
