Location: Australia
PointsBet to consider Betr takeover proposal
13 May 2025 at 12:05pm UTC-4
ASX-listed PointsBet has confirmed that its board is considering a takeover proposal from sportsbook operator Betr Entertainment.
Earlier this month, Betr Entertainment ...
Betr Entertainment announces renewed PointsBet bid
29 April 2025 at 6:46am UTC-4
Australian sports betting company Betr Entertainment has announced a new bid to take over rival bookmaker PointsBet.
The proposal is worth AU$360 million, which is comprised of ...
Australian gambling regulator blocks four illegal gambling sites
16 April 2025 at 8:01am UTC-4
The Australian Communications and Media Authority has asked Australian internet service providers to block a list of illegal gambling sites.
An investigation by the regulator ...
Australian politicians gifted AU$245,000 worth of sports tickets while mulling ban on online sports betting ads
16 April 2025 at 7:33am UTC-4
Australian politicians, including Prime Minister Anthony Albanese, received tickets to sports matches worth around AU$245,000 between June 2023 and March 2025, while considering a ...
Australian online sports betting market consolidates as Betr parent completes acquisition of TopSport
1 April 2025 at 6:41am UTC-4
Australia’s Bluebet Holdings Ltd, which operates online sports betting platform Betr, said Tuesday that it has successfully completed the acquisition of smaller market rival ...
Analyst cautious over competitive strength of Aristocrat’s igaming business
27 March 2025 at 7:36am UTC-4
Despite its growing focus on online gaming, Australian gaming giant Aristocrat remains competitively better positioned in its traditional gaming machine segment than in iGaming ...
Illegal offshore operators comprise 15% of Australian market, Sportsbet Chief Executive says
13 March 2025 at 7:08am UTC-4
Illegal offshore operators now comprise 15% of Australia’s online sports betting market.
The figure, which is growing, highlights one of the key challenges licensed operators ...
Bally’s bids to acquire Australia’s Star Entertainment Group
10 March 2025 at 8:07am UTC-4
US casino investor and interactive gaming operator Bally’s Corporation has made a last-minute bid to acquire Australian casino group, Star Entertainment Group
The news comes ...
Flutter’s Aussie sportsbook Sportsbet reports Q4 declines on lower racing revenue, higher taxes
5 March 2025 at 6:58am UTC-5
Australia’s market leading online sportsbook Sportsbet reported an 8% year-on-year decline in revenue to US$346 million in the three months to 31 December 2024, with the company ...
Flutter Entertainment swings loss to profit in fourth quarter
5 March 2025 at 4:28am UTC-5
Flutter Entertainment, the parent company of FanDuel, reversed a US$902 million loss in the fourth quarter of 2023 to a US$156 million profit a year later. The news was disclosed ...
