Wagering

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.

Reports that Tabcorp has gone cold on a possible bid for the WA TAB are just the latest twist in a decade-long saga, but one that could open up a huge opportunity for Entain in the Australian market, writes Bren O’Brien.

Pointsbet Group CEO Sam Swanell is not losing sleep over possible federal government changes to how bookmakers advertise to their customers.

Flutter, owner of Australia's biggest corporate bookmaker Sportsbet, will make a bid for a primary listing on the New York Stock Exchange.