August
Sportsbet’s shrunken quarter overshadowed by Flutter upgrade
Shares of the Irish group rallied after it upgraded earnings guidance, including for its Australian business, where revenue fell 10 per cent last quarter.
- Vesna Poljak
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
Labor facing internal backlash on gambling ads
Communications Minister Michelle Rowland is facing growing backbench pressure to introduce a total ban on gambling advertising.
- Ronald Mizen
Sportsbet accuses Deloitte of negligence, misleading audit work
The bookmaker claims the firm signed off on “materially understated” gambling fees and other underpayments at a company it acquired for $313 million in 2018.
- Max Mason
New punters to halve under Labor’s gambling crackdown, brokers warn
One of the sector’s most respected analysts has told clients that the racing industry will be some $6.4 billion worse off over time from the proposed changes.
- Sam Buckingham-Jones
July
- Exclusive
- Political lobbying
Meet the lobbyists aiming to keep the gambling dollars rolling in
With the Albanese government’s gambling ad policy still up in the air, the Financial Review looked at who’s been hitting the corridors of power for sports betting firms.
- Ronald Mizen
June
- Exclusive
- Online 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
May
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
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
- Updated
- Online gambling
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
February
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