Wagering
Total 299 Posts
The latest news, features and analysis on the wagering industry.
Asian-based illegal racing site snares 17,000 bettors and more than $180 million
More than 17,000 customers have been caught up in a multi-national scam betting site which featured stolen racing vision and garnered $183 million in illegal bets.
Wagering windfall for state governments, but pokies still drive majority of gambling taxes
State governments are generating five times the tax revenue from racing and sports betting as they did seven years ago, but gaming machines continue as the primary source of revenue, providing $5.4 billion in state tax receipts.
NextBet dives into Australia with CrossBet acquisition
NextBet has made a major move into the Australian market, securing CrossBet in what is expected to be the first of a swag of acquisitions.
Follow the money: Why greyhound advocates want Kiwi and Tassie punters banned from betting on the dogs
As a campaign to preserve greyhound racing ramps up, advocates are calling for the Australian industry to effectively blacklist punters from jurisdictions that ban the sport.
'A crazy ride to the moon.' - Yolo bids farewell to the grey market and aims to take crypto betting into the regulated market
The Yolo Group has confirmed that it will shutter its global Sportsbet.io and Bitcasino.io brands and focus on a single regulated Yolo crypto casino brand.
Sportsbet.io founder Tim Heath reportedly considering exiting grey market
One of the world’s biggest crypto sports books, Sportsbet.io, could be set to close, with owner Tim Heath reportedly considering a move away from grey market wagering.
Betr not beaten, vows to continue PointsBet fight
The scoreboard may not be in betr’s favour but Matthew Tripp insists the publicly listed bookmaker remains in the fight for PointsBet, saying his company’s conviction in its investment remains undiminished.