Wagering

Total 193 Posts
The latest news, features and analysis on the wagering industry.

Betfair’s commission creep increases pressure on punters and turnover

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.

The battle for PointsBet – BlueBet steps up the chase for its sweet spot

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.

Favourite Gout - All Stawell Gift bets are off on teen sprinting sensation

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.

National significance – Why a single tote matters so much for Tabcorp and Gillon McLachlan

There may be matters of greater commercial importance to Tabcorp chief executive Gillon McLachlan but there are none so symbolically salient as achieving a national tote pool.

Dual departures: Lachlan Fitt and Cameron Rodger to leave Entain

The exodus at Entain has continued, with Lachlan Fitt and Cameron Rodger, two of the most senior executives in the wagering company’s Australian and New Zealand operation, announcing their departure.

From showy to steady – Bluebet’s betr growth strategy builds on TopSport acquisition

Australia's most determined wagering suitor, betr/Bluebet, has wed its most eligible bachelor, Queensland-based TopSport in a $10 million deal, as Matthew Tripp’s latest bookmaking project takes gradual steps towards realising its ambitions.

‘Largely on track' - PointsBet stays positive despite market reaction and turnover drop

PointsBet Group CEO Sam Swannell insists the company’s profit plans remain on track, but the share market reacted strongly to the ASX-listed bookmaker's latest quarterly earnings report.
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