Wagering

Total 86 Posts
The latest news, features and analysis on the wagering industry.

Cash betting remains a money laundering concern for AUSTRAC

Cash may have once been king of Australian betting rings and TABs, but financial crimes regulator AUSTRAC said it represents a threat to the integrity of the wagering industry.

Made in Australia, sold in America - ZeroFlucs’ journey from start-up to Caesars

ZeroFlucs has become the latest Australian wagering tech business to make a substantial splash in the United States, having been acquired by casino behemoth Caesars Entertainment.

How Sydney’s on-course bookies are railing against a changing wagering market

A wagering platform that brings the best odds available from the racetrack betting ring to punters' fingertips has been introduced in the hope that it can reinvigorate on-course bookmaking.

Federal crossbench moves to ban gambling advertising

Federal parliament crossbenchers, frustrated by the Albanese government’s lack of progress of gambling advertising reform, have introduced a Private Member’s Bill which would ban all advertising of online gambling.

BlueBet completes betr merger, steps back in US market push

BlueBet has completed its merger with betr while the Australian-owned company has also confirmed it has withdrawn from Indiana as it seeks to review the rest of its US operations.

Racing Victoria pushes back on bookies unfairly banning punters

A surge in complaints that bookmakers are utilising compliance processes to unfairly block or ban winning punters has led one racing authority to caution bookmakers that they may be breaching the law.

ACT’s POCT rise backfires as tax revenue plummets

The Australian Capital Territory’s decision to raise its Point Of Consumption Tax to 25 per cent appears to have backfired, with the annual revenue created by the tax less than when the rate was at 20 per cent last financial year.
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