This Month
PAC Capital’s Clayton Larcombe charged with assaulting wife
The fund manager turned artificial intelligence investor, whose firm, PAC Capital, is in liquidation, has been charged with assaulting his wife.
The shortest priced favourite ever in an Australian election
Major betting agencies TAB, Betr and bet365 have SA Premier Peter Malinauskas at odds of $1.01 to win on March 21, unprecedented ahead of an election.
TPG eyes payday at Funlab, owner of Strike Bowling and Holey Moley
It is heading out on the auction block after lifting revenues by 5.4 per cent to $265.3 million in the 2025 financial year.
Betters win $1.4m on US strikes wager placed just before bombs hit
Polymarket has become a sprawling clearinghouse for geopolitical speculation, on which the line between informed conviction and inside knowledge is blurred.
Star Entertainment to cut costs after $110m first-half loss
The results are the first for the embattled casino operator since Bally’s and the Mathieson family took over as majority owners.
February
Billionaire Laurence Escalante hit with fresh drug charges
The 44-year-old founder of Virtual Gaming Worlds fronted Perth Magistrates Court on Thursday on nine new charges.
This 29-year-old is worth $15b and wants you to bet on everything
The co-founder of America’s biggest predictions market built a platform that lets people bet on anything. He says it’s not gambling.
Tabcorp boss Gill McLachlan weighs punt on smaller rival BetMakers
So far, the month-long discussions have been informal. But a deal could help bolster the bookmaking giant’s own technology platform and may come cheaply.
Ladbrokes owner dampens takeover talks, eyes online casino expansion
New chief executive Andrew Vouris said an attempt to compete against Tabcorp inside pubs and clubs had distracted the bookmaker from what it does best.
Can punters beat the market this earning season? Polymarket thinks so
Prominent Australian-based global investors such as Plato’s Dave Allen are already using prediction markets to help pick stocks. But are they are better than analysts?
January
Betting on prediction markets is their job. They make millions
This may be one of those era-defining occupations – like being a Wall Street trader in the 1980s, a dotcom founder in the 1990s or an influencer in the 2010s.
Caledonia’s wealthy backers see 0pc return in tough six months
While the Sydney hedge fund’s bet on poker machine maker Light & Wonder has been an enormous success, other big positions have performed poorly for months.
December 2025
UK’s richest woman earns $579m from Bet365 empire
Denise Coates has retained her title as one of the world’s best-paid executives, even as her gambling empire’s earnings slumped.
Star’s board changes unplanned but ‘for the best’, says new chairman
It was a series of fast-falling cards at the company, with Steve McCann’s resignation resulting in two exits and a surprise chairman.
Steve McCann quits Star Entertainment, Bruce Mathieson jnr takes over
The former Lendlease and Crown Resorts chief executive is leaving after two major shareholders, including Bally’s, took control of the embattled casino group.
Crown casino faces new year strike threat
The Melbourne venue is seeking to push through pay cuts of between 16 and 32 per cent for new hires as it fails to stop union ballots for industrial action.
Rival claims Aristocrat’s pokies ‘secrets’ up for sale on eBay
The Australian gaming machine giant is suing its ASX-listed competitor Light & Wonder, claiming it stole the technology behind a popular Dragon Link product.
November 2025
Tabcorp bonuses for big betting pubs revealed in confidential briefing
The strategy presented to hoteliers and clubs says the bookmaker will set aside $50 million for betting inducements and $80 million to overhaul its terminals.
Star searches for lenders as personal questions drive away punters
Chief executive Steve McCann said the casino was losing high-spending customers who are not criminals because of probity checks that they feel are intrusive.
‘I hope he sues’: Packer attacks ex-Victorian premier Daniel Andrews
In a wide-ranging interview, the billionaire businessman also takes aim at the NSW casino regulator, saying it is a “one of the miracles of life” he has a job.
