The federal government plans to institute a sports lottery that’s expected to raise US$74.54 million for Australia’s Tokyo Olympics campaign.
A UBS report reveals that nearly 65 percent of sports wagers in Australia were placed online during the second half of 2016.
The Australian Competition Tribunal has to decide on whether the merger between Tabcorp and Tatts will hurt competition or not.
The Australian government is set to introduce a proposal next Tuesday that would ban betting advertisement during games.
As current Queensland authorities began the licensing process for the third casino, opposition publicly questioned their intentions.