This Month
Betting apps should let gamblers know ‘if they’re up or down’
Online gambling accounts should display the amount of money that punters have won or lost to better inform problem gamblers, a technology entrepreneur has proposed.
- John Kehoe
Perth billionaire Escalante battles copycats and hostile letters in US
The businessman created a lucrative gambling market stateside from scratch. Now competition and regulation may force the company to change tack.
- Primrose Riordan
June
Market finds solace in McLachlan’s experience growing AFL bets
But others, like David Pocock, are increasingly unhappy about the “nexus” between the powerhouse football code and major wagering companies like Tabcorp.
- Zoe Samios
- Exclusive
- Gambling
Bet365 probed over credit card ban loophole
The gambling regulator began making inquiries after The Australian Financial Review was able to deposit credit cards funds into Bet365 via third parties.
- Ronald Mizen
How Australia became a big money-maker for the NBA
NBA says Australia is the highest revenue-generating market for merchandise and its streaming service, NBA League Pass.
- Zoe Samios
May
- Breaking
- Rich List
Stake.com billionaires buy more of local bookie Pointsbet
Ed Craven and Bijan Tehrani first bought shares in December through their fast-growing company EasyGo Gaming.
- Zoe Samios
Star suitor Hard Rock knows a thing or two about the mass market
If a deal proceeds, there’s every chance casinos in Sydney and Queensland will look very different. Just look at their guitar-shaped Florida palace.
- Primrose Riordan and Zoe Samios
Labor slams the NRL’s ‘deeply concerning’ Sportsbet tie-up
Communications Minister Michelle Rowland is deciding what to do with recommendations from an online gambling inquiry, including a blanket advertising ban.
- Zoe Samios
- Exclusive
- Car finance
Gambling mogul lists superyacht at $10m, starts retailing supercars
A spokesman for Laurence Escalante’s private office said the sales were part of a new business venture.
- Primrose Riordan
April
Betr shakes off News Corp past and joins ASX in merger with BlueBet
Matthew Tripp, the veteran bookmaker, and his co-investors will become the controlling shareholders of the combined group amid broader industry consolidation.
- Zoe Samios
Flutter warns of Sportsbet headwinds as annual profits slide
Sportsbet boss Barni Evans would not rule out job losses after parent company Flutter revealed the local offshoot’s financial results.
- Zoe Samios
March
Tabcorp boss allegedly suggested sexual favour for regulatory win
Adam Rytenskild resigned from the wagering group on Thursday, but said he did not recall making the comment, which was directed at a Victorian official.
- Zoe Samios
- Updated
- Tabcorp
Tabcorp chief executive resigns amid probe into offensive language
Adam Rytenskild had run the wagering group since 2022. He said he did not recall making the comments but had “regrettably agreed to resign”.
- Updated
- Zoe Samios
Bet365 under investigation by AUSTRAC
The decision to investigate comes more than a year after AUSTRAC announced an independent audit of the bookmaker’s operations.
- Zoe Samios
February
Bookie bar fight: the feud driving racing enthusiasts out of pubs
The battle between Tabcorp and rival Entain, owner of Ladbrokes, has spilled over into NSW pubs, which are losing punters where the Sky Racing feed has been cut off.
- Zoe Samios
Tabcorp blames states for $732m write-down as shares crash
Shares fell more than 14 per cent on Thursday following the release of Tabcorp’s half-year results.
- Zoe Samios
- Exclusive
- Political donations
Labor rakes in $5m of ‘hidden money’ from big companies
Payments from gambling giants like Sportsbet, Tabcorp and pokies outfit Endeavour accounted for a chunk of Labor’s pay-for-access packages sold to companies.
- Ronald Mizen
This Aussie bookmaker is doing something different at the Super Bowl
Aussie bookmakers have tried their luck in the US, but the cost makes it difficult to penetrate. Dabble is approaching it differently.
- Zoe Samios
- Analysis
- AUSTRAC
Bookmakers desperate for a win from AUSTRAC audits
Low discretionary spend, advertising bans and credit card deposits have made margins tight for the wagering sector. The financial crimes watchdog could make it a lot worse.
- Zoe Samios
January
PointsBet is pushing out bonus chasers. Early signs show it’s working
The CEO of ASX-listed PointsBet says a dedicated cleanout of punters relying on inducements is improving performance.
- Zoe Samios