Wagering

The world’s biggest wagering company Flutter is flying high according to its latest results, while its Australian business, Sportsbet, has returned to revenue growth despite an ongoing drop in turnover.

New federal Communications Minister Anika Wells met with gambling reform advocates and broadcasters over plans to shake up wagering advertising, but much of the detail has been redacted from the public record.

Allowing a self-excluded punter to open a second account has cost corporate bookmaker CrossBet a $14,960 fine from the Northern Territory Wagering and Racing Commission, despite it identifying the issue within 24 hours.

Punters advocate Rich Irvine has spent the past decade trying to get state and federal governments to listen to the punters' voice when it comes to developing wagering policy. It is a task that is becoming frustrating, with little response but there is a glimmer of hope.

Former CrownBet executive Nick Keenan has returned to the wagering industry, having been appointed as General Manager of Tabcorp’s Max Gaming division.

Racing Wodonga is the latest Australian thoroughbred club to team up with corporate bookmaker Picklebet after securing a five-year naming rights deal.

Undeterred by an order which restrains betr from putting its full bidder statement in front of PointsBet shareholders, the Matthew Tripp-led bookmaker has increased its offer for its rival substantially, valuing the company at close to $450 million, only to again be rebuffed.