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The Guardian // World

Australian bookmaker Betr accused of drawing more than half of January gambling profits from 20 customers

Wednesday 23rd July 2025, 3:00PM

Statement to ASX by rival bookmaker Pointsbet rejects takeover offer and notes risks associated with ‘VIP-heavy customer base’Get our breaking news email, free app or daily news podcastA major Australian bookmaker has been accused of generating more than half of its gambling profits from just 20 customers in January.The accusation was made to the Australian Stock Exchange by the gambling company Pointsbet, which is resisting a hostile takeover bid by rival company Betr, which was previously partly owned by News Corporation. Continue reading...

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