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Business
August 11, 2025
Betr Asks Takeovers Panel to Restrain MIXI’s Latest PointsBet Acquisition Proposal
Betr has once again struck back against MIXI in an attempt to block its takeover of PointsBet. The two companies continue to clash over the Australian and Canadian sportsbook, with each adopting a different tactic in the negotiations. Betr Is Looking to Outbid MIXI Betr Entertainment and MIXI Australia have been courting PointsBet for several […]
Casino
August 11, 2025
NSW Police Officer Who Gambled Family Gold Could Face Legal Action
New South Wales Police have been issued a stark warning about the risks gambling addiction poses to the force’s security and integrity following a troubling investigation under the name Operation Dartmoor. Money Laundering Ties, Investigated The probe, conducted under section 132 of the Law Enforcement Conduct Commission Act 2016 regarding allegations of gambling and money […]
Business
August 8, 2025
PlayUp Nears Potential CrossBet Deal Amid Ongoing Turbulence
PlayUp, once a rising name in the Australian wagering market, may be on the verge of a significant shake-up. Industry sources suggest the operator is close to finalizing a deal with CrossBet, another Australian operator, in a move that could take the form of an outright merger or the sale of specific assets. Individuals familiar […]
Business
August 8, 2025
MIXI Australia Raises the Stakes with a Higher Bid for PointsBet
MIXI Australia has once again revised its takeover offer for PointsBet amid continued challenges from competitor Betr Entertainment. MIXI, which raised its bid once again, described its latest price as “best and final.” MIXI Has Been Eyeing PointsBet for a While MIXI Australia, which is the Australian arm of Japanese tech giant MIXI, has been […]
Business
August 8, 2025
New South Wales Greenlights On Nut Road’s Acquisition of Donaco
New South Wales has greenlit On Nut Road Limited’s acquisition of Donaco International, securing the final approval needed to close the deal. As a result, the latter company will delist from the Australian Stock Exchange on August 8. On Nut Road to Acquire Donaco On Nut Road, a Hong Kong-based, Argyle-backed special purpose vehicle, set […]
Business
August 7, 2025
Light & Wonder Drops Nasdaq, Eyes Sole Australia Listing
The global gaming tech giant that creates “content, hardware and systems that connect iconic titles across any place or channel”, Light & Wonder, is preparing for a major shift in its market strategy. The Las Vegas-headquartered company has expressed its intention to pull out its stock from the Nasdaq Stock Exchange and focus exclusively on […]
Business
August 5, 2025
Betr’s PointsBet Takeover Secures Shareholder Backing, Regulatory Approvals
Betr Entertainment is not ready to give up on its ambition to acquire PointsBet, despite the latter company’s apparent preference for MIXI’s takeover proposal. The two suitors have been locking horns over the Australian company for several months, with both raising the stakes several times. Canada Greenlights Betr’s Takeover Betr Entertainment’s latest proposal confirmed that […]
Business
August 1, 2025
The Star Entertainment’s Shares Plummet as DBC Sale Fails
The Star Entertainment Group announced that the planned sale of its interest in the Destination Brisbane Consortium (DBC) has fallen through, with its joint venture partners refusing to further extend the heads of agreement deadline. This major setback has caused the company’s stock to take a major dip. The Star Sought to Sell Its DBC […]
Sports
July 31, 2025
Betfair Subject to Stiff Penalty in Australia, Fined $563K
The Australian Communication and Media Authority (ACMA) has issued one of its largest fines on record against an established company in the local market. The case concerns Betfair, an authorized and regulated sports betting platform. ACMA Takes Serious Issue with VIP Promotional Offenses According to ACMA, the company sent unsolicited promotional messages – untargeted advertisements […]
Business
July 30, 2025
Takeovers Panel Restrains Betr’s Latest Bid for PointsBet
As MIXI and Betr continue to court PointsBet, the Australian Takeovers Panel has intervened to halt Betr’s latest proposal. Despite the latter company’s recent decision to increase its bid, the panel argued that there were certain disclosure issues. Betr Has Been Hellbent on Acquiring PointsBet Betr has sought to acquire PointsBet, which operates sports betting […]
