This Month
This poker pro wants to teach you how to be a better gambler
Nate Silver’s account of the gaming industry can be read as a useful manual for aspiring card sharps and professional sports gamblers, but it doubles as an indictment.
- Max Chafkin
August
- Exclusive
- Gambling
Gambling ad ban MPs to go over Rowland’s head and lobby PM direct
The direct approach over the head of the communications minister illustrates growing frustration in Labor ranks over the party’s position on gambling advertising.
- Ronald Mizen and Sam Buckingham-Jones
- Opinion
- Online gambling
Ban all gambling ads and let the kids play the game, not the odds
Kids appear to know as much about multi bets as they do about the players they are watching.
- Zoe Daniel
Sportsbet CEO’s sherpa walks out during the storm
The country’s largest online bookmaker has lost its adult in the room at the worst possible moment.
- Mark Di Stefano
April
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
Glitch and glitz as NRL kicks off Las Vegas gamble
The NRL’s ambitious launch of the 2024 season in Las Vegas suffered a TV hitch, but otherwise met expectations, as some 40,000 turned out for the double header.
- Matthew Cranston
September 2023
Betr profitable and in the market for deals, Matt Tripp says
In an interview, the veteran bookmaker says the wagering group started with News Corp is no longer for sale and has raised new finance.
- Kylar Loussikian
August 2023
- Opinion
- Investing
How sports coaches are changing the rules of investing
An English soccer team with a small wage bill is one of several examples of how devotion to data and sound decision-making can lead to remarkable results.
- Jonathan Shapiro
Fantasy sports start-up seeks fresh funds; big-name investors saddle up
Group1 Sports claims around 1 million Australians bet on horse racing in a typical month.
- Sarah Thompson, Kanika Sood and Emma Rapaport
July 2023
PlayUp pauses $10m capital raise after US business hit by regulator
The Sydney-based fantasy sports gambling outfit wants to sell its US operations before recommencing a search for fresh funding.
- Aaron Weinman and Max Mason
June 2023
PointsBet gives DraftKings nine days to get offer on table
The Nasdaq-listed wagering group on Friday evening lobbed a non-binding $283m proposal for the Melbourne-headquartered company’s US business.
- Zoe Samios
April 2023
Online gaming lobby sees problems, demurs on solutions
Other industry players are far more open to things like blanket advertising bans, so it’s unsurprising many are blaming Sportsbet for the policy vacuum.
- Myriam Robin
Entain’s Dean Shannon conspicuous by his absence
A roll-call of CEOs is dutifully trudging to Canberra to be grilled on problem gambling. With one exception.
- Myriam Robin
March 2023
Sportsbet CEO Barni Evans is kidding himself
The corporate bookmaker is calling in the reputational reinforcements because the regulatory squeeze is on.
- Updated
- Joe Aston
February 2023
Sportsbet donations drama could work for Tabcorp
In the world of online betting, what benefits the upstarts will usually hurt the incumbents, and vice versa.
- Myriam Robin
January 2023
Sportsbet blocks website owner’s US bid to dodge court freeze
Sports gambling operator Sportsbet has blocked the owner of the sportsbet.com domain from restarting US legal action, which a judge labelled an attempt to skirt orders in an Australian court.
- Max Mason
November 2022
Ex-Crown director Andrew Demetriou advising bookie Betr
It’s been nine months since former AFL boss Andrew Demetriou resigned from the board of Crown Resorts.
- Michael Roddan
October 2022
Betr’s 100-to-1 odds promotion forces it to hedge bets with Tabcorp
The News Corp-backed bookmaker is aiming to cover huge potential losses that might arise from the start-up’s aggressive Melbourne Cup marketing.
- Mark Di Stefano and Anthony Macdonald
- Exclusive
- Payments
With $17b in payments, this Aussie company is taking on Paypal
E-commerce pioneer Fat Zebra has grown to service more than 30,000 customers and now wants to raise up to $100 million for M&A in only its second offering.
- Carrie LaFrenz
News Corp-backed Betr probed over Melbourne Cup odds
The NSW gaming regulator will probe whether wagering upstart Betr broke “inducement” laws in its first days with big ads in News Corp’s newspapers.
- Mark Di Stefano and Samantha Hutchinson