Latest Sports Betting News

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PointsBet’s FY26 nine-month report reflects a transitional period marked by MIXI’s 66.4% takeover, a slight revenue dip to AUD 186.6 million, and a near breakeven normalised EBITDA. Australian revenue softened by 4%, while Canada grew 13% driven by iGaming momentum.
Victor Sage
Victor Sage
23 June 2026
Ovanti Limited (ASX:OVT) has launched Ominari, its own prediction market platform, debuting with FIFA World Cup 2026 markets aimed at Southeast Asia. The platform leverages integrated payment and AI analytics infrastructure to challenge global incumbents Polymarket and Kalshi.
Victor Sage
Victor Sage
15 June 2026
Adveritas Limited’s annualised recurring revenue (ARR) has surged to $16.3 million, driven by rapid organic growth of its SME self-serve platform and expanding North American footprint beyond gaming.
Sophie Babbage
Sophie Babbage
26 May 2026
Adveritas Limited surged to $15.08 million ARR, up 91% year-on-year, powered by a new self-serve SME platform and AI-driven product enhancements.
Sophie Babbage
Sophie Babbage
30 Apr 2026
PointsBet Holdings Limited reports a 4% revenue increase in H1 FY26 following MIXI’s acquisition of a controlling stake, with contrasting performances in Australia and Canada shaping the group’s outlook.
Victor Sage
Victor Sage
26 Feb 2026
Adveritas Limited has reported a record annualised recurring revenue of $12.2 million for the September 2025 quarter, driven by strong affiliate momentum and initial commercialisation of its Meta integration. The company is advancing its US expansion with a robust trial pipeline and expects significant contract conversions in the coming quarter.
Sophie Babbage
Sophie Babbage
17 Oct 2025
PointsBet reports a 6% revenue increase and returns to normalised EBITDA profitability in FY25, while the board unanimously backs MIXI Australia’s all-cash $1.25 per share takeover offer, urging shareholders to reject a rival hostile bid.
Victor Sage
Victor Sage
29 Aug 2025
PointsBet Holdings Limited reported a 6% increase in revenue to $261.4 million for FY2025, alongside a significant reduction in net loss and its first full year of EBITDA profitability. The company’s Australian operations delivered record results while Canadian growth accelerated, setting a positive trajectory for the future.
Victor Sage
Victor Sage
29 Aug 2025
Adveritas Limited reported a robust 89% increase in revenue to $7.84 million for FY25, driven by expanding customer contracts and product enhancements, while reducing its net loss by 39%. The company raised $8.5 million to fuel US expansion and new verticals.
Sophie Babbage
Sophie Babbage
28 Aug 2025
Adveritas Limited reports a robust 62% increase in annualised recurring revenue to $10.47 million and a record doubling of full-year cash receipts, backed by a strategic $8.5 million institutional placement to accelerate growth in the US and new verticals.
Sophie Babbage
Sophie Babbage
29 July 2025
PointsBet Holdings Limited has issued a Target’s Statement recommending shareholders accept MIXI Australia’s $1.20 per share all-cash takeover offer, highlighting a significant premium and rejecting a rival scrip bid from Betr Entertainment.
Victor Sage
Victor Sage
24 July 2025
PointsBet has firmly dismissed Betr Entertainment’s unsolicited scrip takeover proposal, endorsing instead MIXI Australia’s superior all-cash offer. The board highlights significant risks and uncertainties tied to Betr’s bid while unanimously recommending shareholders accept MIXI’s $1.20 per share offer.
Victor Sage
Victor Sage
23 July 2025