Sportsbet is the largest online bookmaker in Australia, headquartered in Melbourne. It was founded in Darwin in May 1993 as the country's first licensed bookmaker, taking advantage of the Northern Territory licensing regime that still underpins most Australian corporate wagering. Matthew Tripp bought the business for 250,000 Australian dollars in 2005 and turned an eight-person operation into the market leader through heavy marketing and product development, a template much of the Australian industry followed afterwards. Flutter Entertainment has owned it since February 2016, and it is one of the group's largest businesses outside the United States and the United Kingdom.
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An open letter urges the Northern Territory Government to back an independent's bill that would ban inducements, cap young adults' deposits and lift fines to A$10 million. Because most of Australia's large online bookmakers are licensed in Darwin, the rules would reach punters in every state.
A consumer-advocate report collects what is publicly known about the national self-exclusion register: awareness at a quarter of adults and a third of bettors, fifteen operators caught breaching it, one of them more than 100,000 times, three financial penalties, and an Entain case the regulator investigated past its own 12-month limit.
France's state-controlled horseracing monopoly PMU has signed a technology agreement with BetMakers to extend its pool and fixed-odds betting services internationally, a deal that arrives as BetMakers completes its AU$267m acquisition by Tabcorp and builds out a growing roster of global operator partnerships.
As the dust settles on the aborted merger between Tabcorp and BetMakers, the industry is left to wonder if the Australian giant can successfully navigate its digital transformation alone or if another tech savvy target is already in its sights.
Yolo Group, one of the pioneering and largest companies in the crypto-gaming space, has announced a fundamental and dramatic change to its business model,
A new online bookmaker with deep, if indirect, ties to one of the global gambling industry's most influential families is preparing to enter the notoriously
A significant number of UK Gambling Commission-licensed white label brands, reportedly partnered with TGP Europe, have ceased their UK-facing operations this
FanDuel is reinforcing its commitment to responsible gaming (RG) with the launch of a sophisticated new tool aimed at helping customers make more informed