Wagering

Publicly listed wagering company PointsBet has doused speculation it is set for a takeover as its share price soared to its highest point for 2024.

Dafne Guisard has been appointed as chief operations officer at Entain’s global business.

Tabcorp CEO Gillon McLachlan’s decision to make a late change to the slot agreement surrounding Bella Nipotina may have cost his new employers an extra slice of the $20 million Everest pie, but it sets the scene for more disciplined times for the wagering giant.

Paul Carew, the chief operating officer at Tabcorp, is leaving the wagering company to join the hospitality firm Endeavour Group.

It’s been 40 years since Mark Read led a successful Melbourne Cup plunge on Black Knight. One of racing’s great thinkers, Read says there has been no other race like it for wagering.

The intensity of campaigning in the US election has been matched by expectations of mind-boggling global wagering figures despite some Australian agencies experiencing a downturn in interest.

PointsBet has reported that more than two-thirds of its active customers now prefer betting on sports over racing as it recorded growth in almost every key metric over the first quarter of the 2024/25 financial year.