Fresh off their merger with betr, which will see a combined business rebrand shortly, wagering operator BlueBet (ASX: BBT) has confirmed its decision to concede it’s international expansion ambitions by exiting the US market and concentrating solely on Australia. The move mirrors a trend seen among smaller Australian betting firms like PointsBet (ASX: PBH), which
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In his first results presentation since taking the helm of wagering operator Tabcorp (ASX: TAH), former AFL boss Gillon McLaughlan has not shied away from the Company’s overreliance on horse racing which is a sport in turmoil as wagering numbers have plummeted, prompting McLaughlan to drive a greater push for Tabcorp towards general sports. For
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Positioned as a prime target for cybercriminals due to their potential exposure to money laundering and sports corruption, one of Australia’s largest bookmakers has beefed up their cyber defence by engaging with cybersecurity provider WhiteHawk (ASX: WHK). The engagement will see WhiteHawk provide an independent cyber audit based on non-invasive monitoring for 12-months to identify,
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A year on from the demerger from their lotteries business, wagering company Tabcorp (ASX: TAH) has reported $66.5 million in profit thanks to a major digital transformation and favourable regulatory changes that have returned the household brand back to becoming a preferred bookmaker amongst punters. Demerging from The Lottery Corporation (ASX: TLC) in May 2022
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The pandemic lent Australians the time and money to wager bets on their favourite horses. Suddenly, gambling one’s fortune away was not such a bad idea. However, the industry has witnessed a slowdown since recovery from Covid with people having to save up for rising costs. However, wagering tech company RAS Technology (ASX: RTH) is
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The pandemic saw a surge in sports betting as people were cooped up at home and had extra discretionary income to spend. However, as inflationary pressures and a return to normalcy took effect, many found that their wallets could no longer afford the risk. As a result, companies like wagering tech partner Betmakers Technology (ASX:
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