iGB Affiliate 50 AprMay | Page 52

INSIGHT AUSTRALIA: EVOLUTION AND OPPORTUNITY Andy Scott of Digital Fuel could not possibly have foreseen how crowded and competitive the market would become when he moved down under four years ago, but there are still plenty of areas there for the taking in a “regulated” Australia, he writes. SO MUCH HAS changed in the last four years since I moved to Australia from the UK that it’s been difficult to keep track. However, here’s a quick run-down of what has transpired since my move in 2011. We have seen Unibet come on board with the acquisition of Betchoice. BetEzy became BetEasy, who subsequently took on the Betfair fixed-odds business, and in March of this year went through another complete rebrand to become CrownBet. The Betfair Exchange is still present as its own entity. Centrebet was purchased by Sportingbet, which was then taken over by the William Hill Group. Another William Hill purchase included the Tom Waterhouse brand, which meant that the UK giant now had a fairly healthy share of the Australian market. Confused? Well this year, Sportingbet has also been rebranded and is now William Hill, with both Centrebet and Tom Waterhouse expected to be consolidated under the one name by early 2016. In 2012, we saw the launch of Bookmaker.com by the Brisbane-based Gaming Investments. They also owned Panda Gaming, a marketing company operating a large portfolio of dedicated sports and racing portals. Enter Ladbrokes. With the purchase of Bookmaker.com, in addition to the Melbourne-based Betstar, Ladbrokes.com.au is now a major part of the betting landscape Down Under. Let’s not forget bet365, Tattsbet, which is soon to become UBet, and a host of other new local operators that have joined the 50 iGB Affiliate Issue 50 APR/MAY 2015 already established Paddy-Power-owned Sportsbet, Tab.com.au and its other online brand, Luxbet. It’s certainly become a crowded market. Australia’s population is a touch over 23 million, and in research carried out by roymorgan.com for the year 2013, circa 750,000 had placed a bet online. Compare this to other markets such as the UK, where it is estimated there were over two million betting online in the same period. With this in mind, you do question how the Australian industry can sustain so many operators. In December 2014, after just six months of trading, Betfred Chief Executive John Haddock announced: “Following a review of the business it was felt that the market had become overpopulated, we have therefore decided that our marketing spend and ongoing infrastructure costs are best spent elsewhere.” Nevertheless, the Australian online betting market is still to bet in-play online is still not permitted. Advertising restrictions are complex too, with each state having their own interpretation of what is acceptable. As an example, in Victoria and New South Wales, the two biggest betting markets, you are not able to advertise an inducement to open an account; this is not however the case in Queensland. As you would expect, bookmakers and the established affiliates dominate natural rankings in SERPs across the high conversion keywords. The importance of this is exaggerated significantly by the small marketplace, and the lower audience volumes in long-tail opportunities, an obvious starting point for any new entrant into a market. So what are the barriers, aside from the difficulty in acquiring targeted traffic organically? Restrictions in paid ads are making it difficult for any new entrant into the market from gaining quick wins. “Restrictions in paid ads are making it difficult for any new entrant into the market from gaining quick wins.” growing rapidly, with higher-than-average customer LTV’s appealing to both the bookmaker and their affiliated partners. Now while all of this has been happening on the field of play, behind the scenes, things seem to be moving slower than ever. The regulation of products like casino and poker doesn’t even seem to be a discussion at the moment, while the ability To advertise a website on Google, Bing or Facebook as an example, you need to have a betting and gaming licence. This is an avenue some affiliates have taken, but as I understand it, this can be an expensive process, and one that is probably out of reach for those just looking to test the waters. To make a successful attempt at entering the Australian wagering space, the