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The Latest Breaking News from Tabcorp

Tabcorp threatens legal action against Ladbrokes and Neds over gambling deal with NSW pubs

Deal with Australian Hotels Association raises prospect of more sport betting promotions in pubs amid rising criticism of gambling operations

The Guardian - AU

AFL to stick with gambling ads despite more than 75% of fans supporting bans

Number of gambling ads the top concern among fans, survey finds, ahead of umpiring and rule changes

The Guardian - AU

Gambling industry’s dozens of free event tickets to federal MPs raise fears of potential conflicts of interest

About 150 free tickets to sports, shows and hospitality have been given to politicians since the 2019 election, according to analysis

The Guardian - AU

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Online gambling industry regulation back in focus during inquiry's hearings

John's addiction to online gambling cost him everything. Now he and advocacy groups are calling for more scrutiny on whether betting companies' interventions for problem gamblers are being done responsibly.

ABC News

Australian sports betting turnover passes $50 billion per year, outpacing penalties

The value of bets taken by Australian sports gambling companies each year has passed $50 billion, as new figures show the migration of gamblers to digital platforms during the pandemic is here to stay.

ABC News

Tabcorp eyes bigger online gambling presence after $52m half-year profit

In-store betting company looks to take on foreign-owned bookies by prioritising recently launched digital gambling app

The Guardian - AU

Tabcorp bets big on digital after COVID comeback

Gambling giant Tabcorp has posted an unexpectedly high profit, driven by Australians wagering more of their earnings at physical venues after lockdowns.

AAP

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Clarke, girlfriend fined over public fight

Former Australian Test captain Michael Clarke and girlfriend Jade Yarbrough have been fined with public nuisance after their public fight in Noosa.

AAP

Clarke's spat no issue for radio bosses

Michael Clarke's public spat with Karl Stefanovic won't endanger his broadcast career, with the former Test captain's bosses declaring it a private matter.

AAP

What does Dan Andrews’ plan to ‘bring back the SEC’ actually mean?

Promising to revive the SEC may have been a vote winner, but the reality is a little more complicated — and costly.

Crikey

‘Socially aware’ superannuation funds among those investing billions in gambling industry

Analysis reveals Australia’s biggest superannuation funds are investing huge volume of workers’ retirement savings in casinos and poker machines

The Guardian - AU

Financial watchdog launches investigation into Sportsbet and Bet365 over money laundering suspicions

Austrac chief Nicole Rose says the financial crimes ombudsman is ‘putting the whole industry on notice to lift their game’

The Guardian - AU

Anti-money laundering watchdog probes online gambling giants Sportsbet and Bet365

The Australian Transaction Reports and Analysis Centre (AUSTRAC) is launching an investigation into two of the nation's biggest online sports betting companies over money laundering concerns and warns that it wants the multi-billion-dollar gambling industry to "lift its game".

ABC News

Tabcorp results remind us that voting is still dominated by the big end of town

When a vote is counted by shares and not shareholders, the powerful hold sway. Is it time to look at compulsory voting for retail shareholders in ASX300 companies?

Crikey

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The Guardian - AU

Online bookies say Queensland betting tax increase could end up stripping $1.75bn from state’s revenue

RWA claims state’s racing industry will suffer after corporate wagers deprioritise Queensland races to mitigate widened tax

ABC News

Punters hold future of WA's struggling country racing as TAB, Sky Racing broadcast bush races nationwide

With shortages of horses, jockeys and volunteers, these country race tracks are battling to survive. Now racing officials are gambling on a last-ditch bid to keep them alive.

AAP

Tabcorp invests $33m in social betting app

Tabcorp is taking a 20 per cent stake in Dabble, a sports betting app with social media features that's become popular with younger punters.

AAP

Scammed man jailed over $1m Tabcorp theft

A cash transporting business boss has been jailed for six months after transferring almost $1 million of Tabcorp's money to an international investment scam.

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Crikey

The gambling industry is a cancer deeply embedded in our political institutions

Star and Crown have been slowly but surely exposed as two of the most malignant corporate actors in Australian history.

AAP

Vic man swindled $1.9m from 82-year-old

Victorian Brian James Wilson has admitted in Melbourne's County Court he scammed close to $2 million from an 82-year-old man who trusted him.

AAP

Tabcorp, AHA launch 'fair play coalition'

Tabcorp and the Australian Hotels Association want other states to follow Queensland's lead in equalising the tax rates between TAB and online bookmakers.

AAP

Qld to widen gambling tax, impose new levy

Queensland's gambling tax will rise from 15 per cent to 20 per cent and be broadened to include free and bonus bets in this month's state budget.

ABC News

Governor-General personally lobbied Scott Morrison about leadership program given $18m in funding

The Governor-General personally lobbied the Prime Minister about a leadership program run by a foundation that had not been set up at that point and still has no website, staff or office.

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