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Business
June 26, 2025
MIXI Proposal Fails as PointsBet Admits Technical Mistake Distorted Vote
PointsBet has come forward to confirm that a technical mistake had skewed the results of its recent shareholder vote for the company’s acquisition by Japanese tech firm MIXI. After re-evaluating the results, it turns out that the deal will not pass after all, to the relief of Betr Entertainment. System Error Excluded Betr’s Vote Betr […]
Industry
June 26, 2025
Cashless Proponents Baffled as Tasmania Backtracks on Carded Play
Tasmania is reluctant to go cashless across its gaming halls unless a nationwide approach is introduced. This decision was harshly scrutinized by critics of the gaming industry who said that it serves the interests of gambling moguls. Tasmania Will Not Pioneer Carded Play Australian states have long considered cashless gaming as a way to minimize […]
Lottery
June 26, 2025
Australian Lotto Still on the Lookout for AU$100M Winner
Two weeks ago, the Australian Lottery raised eyebrows when it suggested the AU$100 million winner might never come forward, just days after the draw. At the time, it seemed premature. Now, that concern is starting to feel a lot more real. Mystery Powerball Winner in Australia Is Still Missing On June 12, someone won AU$100 […]
Business
June 25, 2025
The Star Entertainment’s Shareholders Give the Go-Ahead to Bally’s AUD 300M Lifeline
The Star Entertainment Group just held its General Meeting. Among other important developments, the Australian casino & hospitality giant secured shareholder approval for Bally’s AUD 300 million rescue proposal. Shareholders Greenlight Bally’s Aid In April, The Star revealed that it had entered into a binding term sheet with Bally’s Corporation with respect to a multi-tranche […]
Business
June 25, 2025
PointsBet Shareholders Approve MIXI Deal, Betr Demands Recount
PointsBet seems to be ready to move forward with MIXI Australia’s acquisition proposal, despite Betr Entertainment’s decision to vote against the deal. The latter company, which owns a 19.9% stake in the Australian sportsbook, later alleged that PointsBet excluded its vote and demanded a recount. MIXI and Betr Sought to Acquire PointsBet PointsBet had been […]
Industry
June 24, 2025
Australia Warns Influencers to Stop Promoting Illegal Gambling
The Australian Communications and Media Authority (ACMA) has issued a notice to Australian influencers, warning them against promoting illegal gambling services. The authority added that violators risk facing significant penalties. Illegal Platforms Find Workarounds to Promote Their Products Illegal gambling remains a challenging issue as the digital age provides bad actors with plenty of ways […]
Business
June 24, 2025
The Star Overhauls Team with Multiple Appointments
The Star Entertainment Group Limited, an Australian gaming giant, has unveiled major changes to its leadership team. The new appointments come amid continued regulatory and financial difficulties for the company. The Star Introduced Changes to Its Group Leadership In an ASX filing, The Star announced what it called a “series of executive management and subsidiary […]
Business
June 23, 2025
PointsBet Reiterates Support for MIXI Deal Despite Betr’s Latest Proposal
PointsBet has reaffirmed its preference for MIXI Australia’s merger offer amid continued efforts from Betr Entertainment to acquire the operator. While Betr insisted that its proposal offered superior value and suggested that PointsBet had not considered its offer in good faith, the Australian sportsbook firmly rejected the allegations. Betr’s Duel with MIXI Continues For context, […]
Industry
June 20, 2025
Betr Resumes Fight for PointsBet with All-Scrip Offer
As the fight for PointsBet heats up, Betr Entertainment unveiled a new all-scrip offer, reasserting its claim that potential synergies would result in a higher shareholder value than the MIXI proposal. Betr Says Its Offer Is a Superior Proposal Shortly after suggesting that PointsBet didn’t act in good faith in choosing MIXI’s acquisition proposal, Betr […]
Lottery
June 20, 2025
Winner of AU$100M Powerball Ticket Still Not Stepped Forward
Winning the lottery can feel great, but for one Australian who bagged AU$100m from a recent draw, there is little difference. The reason? They have not stepped forward to claim the reward, with the lottery already raising an issue over the fact. Australian Mystery Winner Still Unknown, But No Need for Concern The ticket, which […]
