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Business
August 29, 2024
BlueBet Plans US Market Withdrawal to Focus on Growth in Australia
This spring, BlueBet, the emerging Australian betting giant, announced a strategic deal with Betr, a recognizable gaming and betting operator. After the announcement of this strategic collaboration, the company confirmed its plans to review its operations in the United States. Now, BlueBet confirmed its intention to exit the US market and focus on its growth […]
Business
July 2, 2024
BlueBet Exits Indiana, Initiates Review of US Assets
BlueBet has decided to pull out from the Indiana market amid various setbacks. In addition, the betting operator has initiated a strategic review of its operations in the United States. BlueBet originally entered the Indiana wagering sector through an agreement with Caesar Entertainment’s Horseshoe Hammond property. However, the Australian operator opted to cancel the deal, […]
Industry
April 15, 2024
VGCCC Hands $32K Fine to BlueBet over Illegal Billboard Ads
The Victorian Gambling and Casino Control Commission (VGCCC) has fined BlueBet, ordering it to pay the regulator’s agreed costs. According to the official announcement, the gambling operator was found guilty of 43 charges of displaying gambling advertising on or above a public road. For reference, such display of gambling advertisements is illegal in the Australian […]
Business
April 11, 2024
BlueBet Confirms Historic Merger with Betr
The merger between BlueBet and Betr is now a fact. After months of speculation and rumors, the former company confirmed the acquisition on the ASX. Under the agreement, Betr’s parent company, the Tripp Group, will receive a majority of shares in BlueBet. The merger will benefit both companies in different ways. BlueBet will be able […]
Business
April 10, 2024
BlueBet Shares Surge as Merger with Betr Approaches
BlueBet’s shares experienced a sharp increase ahead of the betting company’s merger with Betr. According to a report by the Australian Financial Review, a local news outlet, the deal should be closed soon. Following the report, BlueBet’s share price spiked to AUD 0.33, vastly increasing the firm’s market cap. The shares proceeded to fall back […]
Business
March 3, 2023
BlueBet Strives for Positive Cash Flow After Disappointing H1 Results
BlueBet, a mobile-first online wagering provider based in Australia, has announced its half-year financial results for the six months which ended on December 31, 2022, (H1 FY23). BlueBet Posts Negative EBITDA and Profit After Tax BlueBet’s turnover increased by 6.1% to AUD280.5 million ($189.3 million) in H1 FY23, with strong growth in sports and mobile. […]
Industry
November 17, 2022
ClutchBet Names Auriemma as VP of Engineering
Sports betting operator ClutchBet has reinforced its engineering team with Joshua Auriemma. The latter is joining the sportsbook as vice president of engineering and will help the company maintain and expand its infrastructure. Joshua Auriemma Joins ClutchBet Auriemma is well-versed in his field, having previously worked as an engineering worker at various gaming and non-gaming […]
Business
November 15, 2022
BlueBet Selects Tony Thomas for Chief Marketing Officer
The Australian betting operator, BlueBet Holdings, has announced a senior-level appointment. The company selected industry veteran Tony Thomas to serve as its new chief marketing officer (CMO) for Australia. Tony Thomas Joins BlueBet as CMO Overall, Thomas has more than 20 years of experience within multiple industries. He is a seasoned veteran in the marketing, […]
Industry
November 3, 2022
BlueBet’s ClutchBet Launched Player Matchup Parlays Product
US mobile-first online sportsbook ClutchBet announced it has launched a new product, ClutchClash, exclusively for its players in Iowa. H2H Player Matchup Parlays The launch of the world-first ClutchClash product in Iowa allows bettors to utilize player matchups across the NFL and NBA by making the ultimate head-to-head player parlays, using player prop markets in […]
Business
October 31, 2022
BlueBet Injects $500K in F2P Provider Low6
It’s been a busy year for the debt-free, Australian wagering operator BlueBet. Before announcing the launch of its first US-based sportsbook in Iowa at the end of August, the ASX-listed mobile sports betting company sealed a deal with Caesars to mark its entry in Indiana. The company that recorded a fourth-quarter turnover of close to […]
