Wagering

As Bet365 withdraws from China and focuses on the booming US market, we examine the company’s presence in Australia and worldwide.

A punter‘s bid to recover $40,000 in gambling losses has failed, despite a Northern Territory-licensed bookmaker being found to have breached a term of its licence.

Bookmakers have been spared a hefty increase to access racing data amid a Racing Australia decision to adjust its business model and step away as a wholesale supplier.

The potential acquisition of PointsBet by BlueBet would create a fourth competitor at the top end of Australia’s wagering landscape. Bren O’Brien explores what that might mean, and the likelihood of BlueBet winning the support of PointsBet investors.

A small increase in the commission exchange punters pay on their winning bets is indicative of a much larger issue for customers, who are paying the price for the additional shackles being put on the wagering industry.

PointsBet, the ASX-listed bookmaker, has decided on Japanese giant MIXI as its suitor of choice in the takeover game. But spurned BlueBet won’t go down without a fight in its quest to seal a takeover which would set it up as a major player in the Australian market.

Organisers may have pulled off a promotional coup in enticing Gout Gout to run in the Stawell Gift but in a literal sense the athletics superstar will be an unbackable favourite in the rich footrace because of a Victorian gambling rule.