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Business
September 16, 2025
MIXI Consolidates Its PointsBet Shareholding, Increasing It to 66.43%
MIXI Australia, the Australian arm of the Japanese tech giant MIXI, has continued to grow its shareholding in PointsBet, highlighting its unwavering intent to acquire the Australian sportsbook despite opposition from rival bidder Betr. The Japanese Tech Giant Continues to Gain Ground MIXI Australia, which recently secured a majority stake in PointsBet, has continued to […]
Business
September 15, 2025
Star Entertainment Says JPMorgan Chase Is No Longer Substantial Shareholder
Australian casino company The Star Entertainment Group Limited has published a new shareholder update, revealing that American multinational finance corporation JPMorgan Chase & Co. and its affiliates have ceased to be substantial shareholders of the company. JPMorgan Chase & Co. Ceases to Be a Substantial Shareholder In an Australian Securities Exchange (ASX) filing, The Star […]
Industry
September 11, 2025
ASIC Probes Private Equity Firm for Allegedly Gambling with Investor Funds
Australia’s top financial authority is stepping up its investigation into a private equity group accused of siphoning tens of millions of dollars in investor funds into gambling. The Australian Securities & Investments Commission (ASIC) claims that First Mutual Private Equity raised approximately $53 million from investors between March 2024 and July 2025, presenting their operations […]
Industry
September 11, 2025
PointsBet Encourages Shareholders to Back MIXI’s Takeover Offer
PointsBet has once again encouraged its shareholders to accept MIXI Australia’s takeover proposal. In the meantime, the Australian sportsbook reiterated its skepticism about Betr’s rival offer, citing significant risks. PointsBet Prefers MIXI’s Proposal MIXI Australia, the Australian arm of the Japanese tech giant MIXI, has continued the fight for PointsBet, hoping to acquire the sports […]
Sports
September 10, 2025
Carlos Ulberg vs. Dominick Reyes UFC Perth Odds, Time, and Prediction
Carlos Ulberg vs. Dominick Reyes could be a crucial fight in the UFC Light Heavyweight Division because the winner might get a shot at the title next year. They both deserve to be in the championship conversation, really. Ulberg is on an 8-win streak, while Reyes is looking for his fourth win in the space […]
Business
September 8, 2025
MIXI Australia Achieves Majority Stake in PointsBet
MIXI Australia, the Australian arm of the Japanese tech giant MIXI, has acquired majority control of PointsBet Holdings, marking another win for the company, despite competitor Betr Entertainment’s efforts to acquire the sportsbook. A Major Step for MIXI On September 5, MIXI Australia reached 51.86% shareholding in PointsBet, which is equivalent to some 180.3 million […]
Business
September 2, 2025
Analysts Flag Structural Challenges for Tabcorp Despite Earnings Lift
Australian gambling giant Tabcorp is expected to post improved financial results in Q2 2025. However, analysts warn that deeper structural issues continue to loom over the company’s future. Recent regulatory issues and policy changes in key regions could further undermine the operator’s position if it fails to adapt. On-Course Shops Will Be the First to […]
Casino
September 2, 2025
Billionaire Sues Star Sydney Over $57M Gambling Loss
A Chinese-born billionaire property developer has decided to sue The Star Sydney for AUD 57 million ($37.2 million), claiming the casino took advantage of his gambling addiction and language barriers to encourage his massive losses. He Signed Papers He Couldn’t Read Phillip Dong Fang Lee alleges that he was misled into signing documents he did […]
Sports
August 29, 2025
PointsBet Backs MIXI as Takeover Battle Nears Deadline
PointsBet has confirmed that MIXI Australia is close to gaining significant influence over the business once its takeover offer closes at the end of this week. The Australian newcomer on the online sportsbook market expressed a “strong likelihood” that MIXI will obtain “effective, if not actual” control, and that board representation for MIXI was currently […]
Industry
August 28, 2025
Australian PM Warns Against Blanket Advertising Ban
Gambling is popular in Australia, and with it, there have been a lot of calls for restricting the reach of the activity. Yet, Australian Prime Minister Anthony Albanese has said that there are no immediate plans to roll out new restrictions on gambling ads, least of all a blanket ban. Australia Far from Enacting a […]
