Market leader Sportsbet has reported a return to growth in the final quarter of 2025, with sportsbook revenue up 1 per cent, ending a year in which it declined six per cent overall.
The spring shower of favoured results for punters has returned in the autumn, with the prospect of further short-priced winners in major races this weekend having bookies’ nervously eying their balance sheets.
Chief executive Gillon McLachlan has praised the greater consistency and capability of Tabcorp after the company recorded small growth in revenue and turnover across the first half of the financial year, despite a drop in digital revenue and the ongoing weakness in racing turnover.
Tabcorp’s retail-led strategy has received a legal boost with a key national gambling regulator ruling its Tap in-play service did not breach federal gambling laws.
With recent research indicating that the Australian racing industry is losing $135 million a year to illegal offshore operators, it is not surprising to see Racing Victoria chief executive Aaron Morrison call it out as a major issue for racing, but Bren O’Brien wonders if the industry is trying to have an each-way bet.
Never renowned as a sire of two-year-olds, the late stallion Magnus now has his first juvenile Group 1 winner with his second-to-last crop, thanks to Streisand. Run The Numbers looks at the son of Flying Spur’s ongoing influence.
Three years after The Astrologist was narrowly denied victory in the Al Quoz Sprint, Troy Corstens says plans remain in place to take another star Bennett Racing sprinter, Baraqiel, to Dubai to contest the Group 1 race on Dubai World Cup night.
Tasmania’s yearling market staged a revival of fortunes, with a more than $800,000 jump in aggregate, a near record average and a new benchmark for a top price at the state’s yearling sale at Quercus Park.
Queen Elizabeth Stakes winner and successful Australasian stallion Reliable Man has died after complications from surgery.
