Wagering

Bet365 is the latest corporate bookmaker to come under an enforcement investigation regulator AUSTRAC.

Selling America on the idea of fixed-odds wagering on horse racing has been a slow burn but there are signs it could be about to take hold.

Stawell Gift organisers have voluntarily extended a Victoria Gambling and Casino Control Commission policy that prevents betting on under-19 sports competitions to include all events at the famous athletics event.

PointsBet has appointed Daniel Lucas to the role of a Melbourne-based chief technology officer as it continues a staff shake-up following an exit from the US market.

Analysis undertaken by The Straight reveals that while Australians are spending over four times as much per capita on gambling as they were in 1990, the percentage of overall gambling turnover on thoroughbred racing has more than halved.

A drop-off in racing turnover continues to drag on Tabcorp’s bottom line, with the wagering giant reporting a 5.9 per cent turnover decline on racing alone over the last six months of 2023.

The federal government says it needs to take its time in delivering a response to a parliamentary committee report into online gambling.