BlueBet posts record turnover for the three months to December 31

BlueBet's revenue was up 51.6 per cent year-on-year.
BlueBet's revenue was up 51.6 per cent year-on-year.

The Australian mobile betting operator reported revenue of AUS$13.8m (US$9.9m) for the second quarter of its 2022 financial year.

Australia.- BlueBet Holdings, the Australian mobile betting operator, has posted a record turnover of $138.6m for the second quarter of its 2022 financial year. The figure was up 54.8 per cent year-on-year and up 10.1 per cent when compared to the previous quarter. The company attributed its growth to the launch of a new website and mobile apps.

The number of active customers was 45,087 for the quarter, up 76.5 per cent when compared to the same quarter in 2021. First-time depositors were up 86.9 per cent year-on-year.

BlueBet Holdings’ wholly-owned subsidiary BlueBet Colorado recently signed an agreement with The Wild Card Saloon & Casino in Blackhawk, Colorado, to launch online sports betting in the state.

Positive messages could help manage online gambling, Australian report says

Researchers at Central Queensland University have completed a study funded by Gambling Research Australia (GRA) to gather evidence on changes in the attitudes and behaviours of gamblers as a result of exposure to safer gambling messages.

Over 2,000 regular sports and competition consumers received random messages over five weeks. During this period, the researchers measured how much users bet, how long they bet, and the overall gambling harm they experienced.

According to the participants, positive information on how to control gambling money was considered the most helpful and easy to understand. Study leader Professor Mathew Rockloff said participants spent less money and time gambling during the five-week participation.

In this article:
sports betting