The US market was long viewed as the white whale of the sportsbetting industry, but five years on from a landmark 2018 Supreme Court ruling which turned fiction into reality, those chasing the big win have copped the biggest losses. Ironic, huh? For Australian sportsbetting company PointsBet (ASX: PBH), today’s sale of their US operations
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Even the fondest of Pointsbet (ASX: PBH) shareholders can’t remember the last time the Company actively promoted their Australian business to shareholders, rather focusing solely on their US expansion where the bookmaker has been a pioneer in the regulatory battlefield, unlocking access to each individual State in a slow and expensive process. As a reward
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While nordic horse racing in Australia may be best known for its charismatic Swedish racecaller, racing in Norway could soon catapult onto the global stage with the investment being made in their industry starting with upgrades to their tote system via a 10-year engagement with wagering tech company BetMakers (ASX: BET). The increase to international
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The bidding war for Tabcorp’s wagering business is heating up with the first domestic offer made by tech company BetMakers (ASX: BET) which is being advised by sportsbetting kingmaker Matt Tripp, with a bid valued at $4 billion. Despite the bid being from a Company whose market cap sits around $1.3 billion, the Aussie homegrown
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When it comes to bookmaking and sportsbetting, no man in Australia has been more successful in the online-era than businessman Matt Tripp who has confirmed his next wagering venture with a $25 million investment into small cap bookmaking tech company BetMakers (ASX: BET). Tripp is best known as the founder of SportsBet which he built
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