Wagering
Total 275 Posts
The latest news, features and analysis on the wagering industry.
Massive boom in illegal online gambling in the UK
A new study has found that illegal gambling in the UK has grown by 345 per cent since 2022 and now controls nine per cent of Great Britain’s £8.2 billion online gambling marketplace.
‘Going at pace’ – Entain commits to winning in Australia and focuses on new game plan for growth
Andrew Vouris, recently appointed chief executive of Entain’s Australasian arm, says the wagering giant remains committed to Australia and New Zealand and is determined to “win”, albeit with a different playbook.
Football betting hits record levels in Hong Kong, as racing turnover edges up
Turnover through the Hong Kong Jockey Club jumped to a record HK$320.3 billion, powered by the continued popularity of football betting, with legalised wagering on basketball set to follow this year.
Positive pointers for PointsBet as MIXI gains majority shareholding
PointsBet has reported positive numbers despite falling Australian turnover, while MIXI has upped its share of the company beyond 50 per cent.
Betr eyes brand refresh and more acquisitions after confirming positive growth
Betr has confirmed it has hit its target of positive growth for the 2024/25 financial year, posting a $7.2 million EBITDA figure, 12 months on from its transformative merger with BlueBet.
‘A unique part of the on-track experience’ - Deal done to partially restore on-course tote service in Victoria
A three-year deal between Racing Victoria and wagering firm Tabcorp will boost the number of on-course TAB outlets throughout the state.
The Next Era of Prediction Markets
In the latest Waterhouse VC newsletter, the enormous growth of prediction markets, facilitated by the likes of Kalshi, is in the spotlight.