Wagering
Total 193 Posts
The latest news, features and analysis on the wagering industry.
Sportsbet revenue drops $90 million as racing decline bites
Sportsbet’s parent company Flutter has cited racing industry challenges as a key driver in an 18 per cent drop in revenue for the Australian arm of the global wagering giant.
Comment: The one thing racing must fix to secure its future
Plenty of initiatives are proposed to boost the sport of horse racing. None of them, not one, will secure racing’s financial future unless we address the only thing that truly sustains the industry: wagering turnover.
Contrasting trans-Tasman fortunes for Entain
Entain’s New Zealand division continues to keep pace with the global revenue growth of the publicly listed giant, but headwinds persist in a more mature and regulated Australian market.
Betr together – Rival makes a strong case for PointsBet acquisition
Having been previously rebuffed in its pursuit of PointsBet, betr had doubled down in its efforts to create a fourth major player in the Australian wagering landscape.
‘A strong reform package is coming’ - Odds shorten on post-election wagering advertising changes
The likelihood of a minority Labor government after the May 3 federal election increases the prospects of significant changes to wagering advertising rules, writes Bren O’Brien.
Tabcorp uncertainty persists as NSW government drags heels on funding review
No news is not good news for Tabcorp, as it awaits a comprehensive review of its NSW licence agreement which has considerable knock-on implications for the broader racing industry.
Bookie breached and fined for failing to record customer phone calls
The Northern Territory Racing and Wagering Commission has fined bookmaker PlayUp more than $13,000 over two licence breaches.