Wagering

Betr says it will use its 19.9 per cent stake in PointaBet in an attempt to block an acquisition move from Japanese company MIXI.

Tabcorp has agreed to undertake a remediation of compliance obligations under Australia’s Spam Act after it was hit with a $4 million fine for breaches in 2024.

Japanese-based MIXI looks set to win the battle for PointsBet after a counteroffer from betr was rejected by the PointsBet board.

In a worrying sign for Australia’s racing authorities, one of the country’s highest turnover punters is switching more of his focus - and his investment - to overseas markets.

Star Sports, the UK bookmaker which opened in Australia last year, has launched into acquisition mode amid uncertainty at the lower end of the domestic wagering pecking order.

Tabcorp’s decision to abandon its pre-raceday service for betting markets on non-metropolitan meetings has provided a window of opportunity for another bookmaker.

Dean Shannon has resigned as chief executive of Entain's Australasian arm and he will depart the global wagering firm at the end of June.