Australian wagering startup PointsBet says how quickly sports betting is legalised across the United States will determine its path to profitability and whether it needs to tap investors for more capital to fund its growth.
While most punters would have returned to their drinks after Vow and Declare won the race that stops a nation,one was sweating the outcome of a protest between second and fourth.
A Brunswick East wine shop owner says a customer spat in his face when he invited her to take part in his Melbourne Cup sweepstake.
The country's biggest online bookmaker says it expects 35,000 bets a minute in the lead up to the main event,as wagering giants forecast record betting numbers.
Why is the Melbourne Cup usually run and won by overseas thoroughbreds? And how did it go from local shindig to global sporting event?
Wagering giants are bracing for a subdued Melbourne Cup carnival as they try to reverse a decline in betting turnover amid the backlash over horse cruelty reports.
Bans on credit betting and increased tax on horse racing punting is to blame for poor turnover figures,according to former bookmaker Tom Waterhouse.
Tabcorp has inked a deal with the NBA to broadcast the league's games and become its official gambling partner in Australia.
Could the media scion's sports gambling bet pay off?
Experts believe the deal could point to a looming revolution for how sports broadcast rights are sold globally.
The moment in which a cruel deflection cost New Zealand’s cricket side,has also left a Kiwi punter feeling hard done by.