Wagering

Thoroughbred industry identity Steve McCann, a partner in Vinery Stud and current chairman of Kia Ora Stud, has been appointed as the new chief executive of embattled The Star Entertainment Group.

Broadcaster Kayo and parent company Hubbl have been ordered to undertake an internal audit or face multi-million-dollar fines after breaching bans on gambling advertisements.

A global 24-hour racing broadcast platform is poised to bring Australian racing to a greater audience and more international racing to Australians following a media rights alliance between Tabcorp and three key global partners.

Pointsbet has acquired wagering content and betting platform Foxcatcher, as consolidation of the wagering industry in Australia continues.

New South Wales treasurer Daniel Mookhey has not included an increase in Point Of Consumption Tax in his 2024/25 state budget, with a decision on any new tax regime delayed until after the review of the state’s deal with Tabcorp.

Bullish projections on wagering tax revenue from the Queensland treasury have been rebuked by wagering and racing industry insiders, who say the state’s budget has overestimated revenue from Point Of Consumption tax by $182 million.

Gillon McLachlan will officially become Tabcorp chief executive and managing director on August 5. There will be a ‘to-do’ list a mile long, but a few key priorities at the top of that list, writes Bren O’Brien.