This Month
- Updated
- Tabcorp
Tabcorp to pay $860m for exclusive Victorian wagering licence
The ASX-listed bookmaker has kept international rivals including Sportsbet and Entain away from one of its most lucrative markets.
- Updated
- Zoe Samios
- Exclusive
- eSports
PAC Capital owner Clayton Larcombe may have bailed out investors
The former stockbroker may have used personal assets to improve the performance of his esports funds, an unusual but not illegal practice.
- Aaron Patrick
- Exclusive
- Online gambling
Stake.com billionaires build secret position in local bookie PointsBet
Ed Craven and his business partner, Bijan Tehrani, have spent weeks buying shares in the ASX-listed group as they establish a foothold in the local market.
- Zoe Samios
- Exclusive
- Gambling
Rich lister’s online casino empire feels heat of US lawsuits
The wildly profitable business operated by the Perth billionaire is facing legal challenges in US two states, and a crackdown on digital gambling in a third.
- Primrose Riordan
The NRL takes its biggest gamble yet
Documents obtained by AFR Weekend provide the clearest insight yet about what exactly the league is planning in its big push into the lucrative US market.
- Zoe Samios
Regulator says Star has six months – or its Sydney casino could close
The Independent Casino Commission has warned it is still not satisfied with Star’s ability to run the Sydney casino without supervision, despite significant remediation programs.
- Zoe Samios
Endeavour looks to grow pubs earnings by more than $150m
Despite a barrage of investor questions about breaking up the company, CEO Steve Donohue says hotel and retail portfolios are deeply interconnected.
- Carrie LaFrenz
November
SkyCity wins battle over burnt car park value
SkyCity has won a case in the High Court of New Zealand over the value of a fire-damaged car park at its flagship Auckland casino.
- Zoe Samios
Guys, Sportsbet and Barni Evans have gone woke!
Sportsbet has done more than most to propagate male stereotypes through advertising. Now, it’s embracing politically correct language.
- Mark Di Stefano
Investors dust off Crown, Star merger dreams amid job cuts
Job cuts and slashed hours have Star Entertainment bulls excited Crown owner Blackstone could turn to its cross-harbour rival to find cost synergies.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Opinion
Gambling industry wins political game at democracy’s expense
The gaming industry adds little to the economy, but it is a big player when it comes to the political influence business.
- Elizabeth Baldwin and Kate Griffiths
Betting industry loses as Australia win Cricket World Cup
Sportsbet was offering 2.9 times the amount for an Aussie victory as of Friday, more than twice the payout for an India win at 1.4 times.
- Satviki Sanjay
Ainsworth confirms Macquarie review, could take itself private
Aristocrat said it was assessing all strategic options, but has received no expressions of interest.
- Zoe Samios
The race that no longer stops the nation gets a shake-up
Fewer than 85,000 people are expected to attend the Melbourne Cup, but the VRC hopes a music festival and overturning a ban on shorts will keep young people interested.
- Patrick Durkin
October
Tabcorp hit with strike over ‘excessive’ pay
It is the first strike against Tabcorp’s remuneration report since 2018.
- Zoe Samios
NSW club plans 100-room hotel to offset slide in pokies income
Club Sapphire Merimbula on the NSW South Coast hopes to build the tourist accommodation to create a new revenue source as gaming revenue declines.
- Larry Schlesinger
Tabcorp wagering revenue falls, shares plunge 10pc
The ASX-listed operator took the unusual step of providing the market with first-quarter revenue in an attempt to provide clarity on broad market conditions.
- Zoe Samios
Who’s to blame for News Corp’s $75m gambling problem?
The launch of gambling start-up Betr was supposed to be the next strategic play for News Corp. Just four months after launch and $75 million later, it was out.
- Zoe Samios, Sam Buckingham-Jones and Mark Di Stefano
- Exclusive
- News Corp
News Corp quietly sold out of Betr after four months, despite $70m investment
The Murdoch family’s media empire is no longer a shareholder in the wagering group run by wealthy bookmaker Matthew Tripp, the company has confirmed.
- Zoe Samios and Sam Buckingham-Jones
- Updated
- Retail
Pubs giant Endeavour folds on Wavish board tilt
Major shareholder Bruce Mathieson says some good has come of the “ill winds” in the boardroom but chairman Peter Hearl’s position is now untenable.
- Updated
- Simon Evans
