Daily news

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    Lotteries and keno helped Tabcorp’s revenues to increase to 4.4% to $2.91bn for the six months ended 31 December, 2019, even as the operator’s wagering vertical faced integration issues and the gaming services vertical struggled.

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    Just under one in six Australians aged 16-17 gambled in the past year, according to the Longitudinal Study of Australian Children's (LSAC) annual statistical report.

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    Australia’s Tabcorp has reported revenue of AUD$5.5bn (£3.08bn/€3.32bn/$3.71bn) for its financial year ended 30 June, 2019, strong growth in lottery revenue offsetting a decline in revenue from its Wagering & Media division over the year.

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    Lottoland Australia has launched legal action against a ruling by the Australian Communications and Media Authority (ACMA) that the lottery betting operator breached national law by offering prohibited interactive gambling services in the country.

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    Lottoland Australia has said that a new betting product based on financial markets does not breach gambling laws in the country, despite facing an official complaint against the service