Wagering

ZeroFlucs has become the latest Australian wagering tech business to make a substantial splash in the United States, having been acquired by casino behemoth Caesars Entertainment.

A wagering platform that brings the best odds available from the racetrack betting ring to punters' fingertips has been introduced in the hope that it can reinvigorate on-course bookmaking.

Federal parliament crossbenchers, frustrated by the Albanese government’s lack of progress of gambling advertising reform, have introduced a Private Member’s Bill which would ban all advertising of online gambling.

BlueBet has completed its merger with betr while the Australian-owned company has also confirmed it has withdrawn from Indiana as it seeks to review the rest of its US operations.

A surge in complaints that bookmakers are utilising compliance processes to unfairly block or ban winning punters has led one racing authority to caution bookmakers that they may be breaching the law.

The Australian Capital Territory’s decision to raise its Point Of Consumption Tax to 25 per cent appears to have backfired, with the annual revenue created by the tax less than when the rate was at 20 per cent last financial year.

Betfair and Harness Racing NSW have reached an agreement to have the betting exchange’s fees on harness racing in the state reduced from 10 per cent to 7 per cent.