Gaming & wagering
Exclusive
Gambling
Robert started his night with an online bet. It finished in hospital with a $40,000 loss
Robert is one of the record number of Australians who have sought online gambling help in the past year. No state or territory made more requests than NSW.
- by Daniel Lo Surdo
Latest
$500m wiped from The Star as investors revolt after dismal result
The Star’s long-suffering investors have responded to the group’s $1.7 billion loss by sending the share price to just 25¢.
- by Amelia McGuire
Tabcorp appoints Brett Chenoweth as chair after Bruce Akhurst bows out
Akhurst will step down after concerns from unhappy investors frustrated with the company’s direction.
- by Amelia McGuire
Herald Sun’s gambling hit: Tabcorp pulls cash from form guide
Racenet and Herald Sun deals were worth about $2 million a year. Tabcorp ended the Herald Sun form guide agreement in July, according to two sources familiar with the situation.
- by Danny Russell and Chris Roots
Pokies pulled from storage to meet booming demand as profits soar
A year after the premier sought to cap poker machines in the community, the number of pokies in pubs and clubs has risen as venues dust off old pokies to meet demand.
- by Harriet Alexander and Nigel Gladstone
Exclusive
Gambling
Why veterans want pokies clubs to remove ‘RSL’ from their names
RSL boss Mick Bainbridge made the call as analysis shows the $1.3 million that clubs donated to veteran welfare is about the same that one club donated to its own golf club.
- by Harriet Alexander, Andrew Taylor and Nigel Gladstone
Analysis
Tabcorp
Winners and losers: Why the gambling world is looking shaky
The country’s biggest wagering companies are making less money than ever.
- by Amelia McGuire
Updated
Casinos
Hong Kong billionaires tried to become majority holders in The Star but backed off
Chow Tai Fook Enterprises approached the NSW casino regulator about taking a major stake in the casino, but pulled out after learning about probity checks.
- by Harriet Alexander, Amelia McGuire and Matt Dennien
Opinion
Earnings season
Gill’s knockdown rebuild in the house of Tabcorp
Three weeks into the top job, former AFL boss Gill McLachlan has decided not to renovate the betting company. Instead, he is reaching for the sledgehammer.
- by Elizabeth Knight
McLachlan scraps Tabcorp’s strategy after $1.4b shock loss
New Tabcorp boss Gillon McLachlan has vowed to overhaul the wagering company’s strategy, and warns it will continue to be hit by softer trading conditions as its share price tanked.
- by Amelia McGuire
Victorian gambling watchdog takes Tabcorp to task for code breaches
Tabcorp has been forced to pay a record $4.6 million fine in Victoria, but has found an ally in its push for a total ban on televised gambling advertising.
- by Amelia McGuire
Original URL: https://www.smh.com.au/topic/gaming-and-wagering-5xp