Business
July 24, 2025
PointsBet Directors Reject Betr Deal, Reiterate Support for MIXI Proposal
PointsBet’s leadership has once again rejected Betr’s attempt to acquire the company. The former sportsbook asserted that the MIXI takeover offer represents a better deal and advised its shareholders to approve it. Betr’s Deal Did Not Appeal to PointsBet’s Board In its latest announcement, PointsBet said that Betr’s latest all-scrip takeover offer, which proposes 3.81 […]
Sports
July 23, 2025
CVC to Acquire GLI in Major Industry Shakeup
Leading international private markets manager with a global network of 30 local offices, CVC Capital Partners, is getting ready to take over Gaming Laboratories International (GLI), one of the gaming industry’s most influential testing and compliance firms. The planned acquisition, which surfaced through recent antitrust filings in Austria and Malta, would give the private equity […]
Casino
July 18, 2025
Crown Could Scoop up Queens Wharf as The Star Looks to Sell
As The Star Entertainment Group prepares to divest its Queens Wharf casino, competitor Crown Resorts has emerged as a potential buyer. If this comes true, it would mark the latter operator’s entry into Queensland. Crown Could Scoop up the Property The Star has been looking to sell its 50% stake in Queens Wharf to its […]
Business
July 18, 2025
MIXI Submits All-Cash Offer as the Duel for PointsBet Continues
MIXI Australia has formally submitted its latest takeover offer for PointsBet, once again challenging rival Betr. This comes shortly after the latter company updated its own offer for PointsBet. MIXI Submits an All-Cash Offer MIXI, which previously failed to secure sufficient shareholder backing for its acquisition of PointsBet, has now returned with a new offer. […]
Poker
July 18, 2025
Crown Resorts Beckons Recovery with Return of Aussie Millions
Following a prolonged hiatus, the Aussie Millions Poker Championship is going to be making a return at its customary venue – the Crown Melbourne. The property and its owner were challenged by a series of unfortunate regulatory events that are finally being put behind the company. Poker Mega-Event Returns to Crown Melbourne after Six-Year Absence […]
Industry
July 18, 2025
Victoria Considers Intervening in ALF’s Clash with Operators
The Victorian Gambling and Casino Control Commission (VGCCC) could potentially intervene in an ongoing conflict between the Australian Football League and sports betting operators in the state. This could potentially lead to a limit on the league’s revenue from wagering. The AFL Seeks a Higher Share The Guardian reported that Victoria’s gambling regulator is mulling […]
Business
July 16, 2025
Betr Rejoins the Fight for PointsBet with a New Proposal
Betr has once again submitted a proposal for the acquisition of PointsBet despite the latter company’s apparent contentment with the MIXI proposal. This time, Betr has put AUD 1.89 per PointsBet share on the table. Betr Resumes the Negotiations Betr has resumed the negotiations with a new all-share takeover proposal, offering AUD 1.89 per […]
Lottery
July 16, 2025
Dad Wins AU$900K in Lottery, Helps Adult Kids with Homeownership
A man from Echuca in Victoria, Australia, has much to be happy about, after he won AU$919,034 from the lottery and will now be making some life-changing decisions. For starters, there is his mortgage, which is no more. Man Wins Big from Victorian Lottery Draw The winner has said that he would take out the […]
Casino
July 9, 2025
Court Denies Aristocrat’s Request to Access Information about Player Gambling Addiction
Aristocrat’s request from the Federal Court of Australia in Melbourne to access information about a group of plaintiffs who have filed a class-action lawsuit against the company, along with Product Madness and Big Fish Games, two of its subsidiaries, has been denied. Plaintiffs to Retain their Privacy in Aristocrat Challenge over Social Casinos Aristocrat has […]
Business
July 9, 2025
BetMakers Wraps Up AUD 13.7M Capital Raise, Bolstering Strategic Position
BetMakers Technology Group has reported the success of its new share purchase plan, drawing over AUD 1.2 million ($790,000) from shareholders and finalizing a broader capital raise of AUD 13.7 million ($8.96 million). The company announced it would issue 12 million new shares under the SPP at AUD 0.10 per share, and that trading would […]
