PartialLogo
Betting World
premium

Rising pressure on Australian operators mirrors situation in northern hemisphere

Anamoe ridden by James McDonald wins the Ladbrokes Cox Plate at Moonee Valley Racecourse on October 22, 2022 in Moonee Ponds, Australia. (Photo by Reg Ryan/Racing Photos)
Bookmakers in Australia are facing familiar pressuresCredit: Reg Ryan, Racing Photos

Last week Australia enjoyed 'The Race That Stops A Nation' but that was a much-needed highlight for the gambling sector there which is coming under increasing pressure from regulators and politicians.

The Australian market is an important one for the major European players, providing Entain and Flutter Entertainment with ten per cent and 18 per cent of their revenue respectively according to their interim results.

However, the environment the industry faces there is increasingly mirroring the situation in Britain and Ireland – with the major players the same in both hemispheres.

Read the full story

Read award-winning journalism from the best writers in racing, with exclusive news, interviews, columns, investigations, stable tours and subscriber-only emails.

Subscribe to unlock
  • Racing Post digital newspaper (worth over £100 per month)
  • Award-winning journalism from the best writers in racing
  • Expert tips from the likes of Tom Segal and Paul Kealy
  • Replays and results analysis from all UK and Irish racecourses
  • Form study tools including the Pro Card and Horse Tracker
  • Extensive archive of statistics covering horses, trainers, jockeys, owners, pedigree and sales data
Subscribe

Already a subscriber?Log in

Industry editor

Published on inBetting World

Last updated

iconCopy