Horse Racing

Melbourne Cup 2022: News Corp-backed betting company faces investigation in first week

Summarized by: Live Sports Direct
 

Betr launched this week ahead of the spring racing carnival. News Corp owns a 33 per cent stake in the new online betting company. Mr Tripp and Las Vegas company Tekkorp are other partners in Betr. BetR is closing in on securing a $1 billion wagering licence for Western Australia. Seven West Media is no longer part of Betrs consortium. Private equity firms Apollo Global Management, Washington H. Soul Pattinson and Blackstone are interested in investing in betting companies.

IN THIS ARTICLE
Seven West Media
Play Secrets of Atlantis Slot
Recommended Slot Game To Play: Secrets of Atlantis Slot
BetOnline Casino 50% up to $1,000 Signup Bonus
Related
NRL Grand Final: Betr delayed payout may be buying time Racing CEO suggests

NRL Grand Final: Betr delayed payout may be buying time Racing CEO suggests

Another wagering source said its widely known in bookmaker circles that customers were less likely to withdraw money from accounts closer to the weekend. Reached over the phone on Tuesday, Mr Scott said he was being "facetious" in the tweet, and later deleted the post. "In my ex-career as a wagering CEO, I understand that you would like money going…
Rugby
NRL grand final: Bookmaker faces largest payout in sports gambling history

NRL grand final: Bookmaker faces largest payout in sports gambling history

Then there is the AFL Grand Final. Others used the wager to bet on the Collingwood Magpies, who were one of a group of favourites to win the 2023 flag. Collingwood takes on the Brisbane Lions at the MCG on Saturday. The company has spent the better part of this year trying to get those who held the grand final bets to cash out, offering them…
Rugby
MyBookie
Pickle Bet: Who would invest in the worst gambling company in the world?

Pickle Bet: Who would invest in the worst gambling company in the world?

On Pickle Bet, users can bet money on whether some guy named Adriano ($1.88) would beat Misterx ($2.27) playing FIFA in the eAdriatic League. The draw is paying $6.80... which sounds like value? Or if shoot-em-up strategy game Starcraft 2 is more your vibe, Pickle Bet customers can place bets on a match-up between HerO ($1.28) and HeRoMaRinE…
Horse Racing
Melbourne Cup 2022: Betr to cop $210,000 fine over 100-1 odds promotion

Melbourne Cup 2022: Betr to cop $210,000 fine over 100-1 odds promotion

Fledgling wagering company Betr will pay a six-figure fine to the NSW gaming regulator despite arguing it did not breach advertising laws when it aired a controversial promotion last year. Liquor & Gaming NSW is expected to issue a record penalty of $210000 to the outfit following a long-running investigation into advertisements that ran in News…
Horse Racing
BetOnline Casino

50% up to $1,000 Signup Bonus

Get the latest betting odds & lines for NFL Futures at BetOnline Sportsbook for betting on your favorite sport and snag a huge sign-up bonus.
IN THIS ARTICLE
Seven West Media
Betr’s new cash: News Corp ups stake in online bookmaker

Betr’s new cash: News Corp ups stake in online bookmaker

Streams of new customers used the offer to place bets on previously short-priced favourites, including on the FIFA World Cup. Last week, Betr sent text messages to customers who had placed 100-1 bets on Brazil to win the tournament, offering them $400 in vouchers to cash out. It is unclear how many customers took Betr up on the offer, but…
Football
Jake Paul's Micro-Betting Brand Betr Lands Ohio Sports Betting License

Jake Paul's Micro-Betting Brand Betr Lands Ohio Sports Betting License

The Ohio Casino Control Commission has granted conditional approval to Betr to serve as an online sports betting management provider for the Pro Football Hall of Fame Village. Touted as the first direct-to-consumer micro-betting sports betting platform in the world, Betr will launch its online sports betting service in the Buckeye State on Jan. 1,…
NFL
Betr secures market access in Indiana

Betr secures market access in Indiana

Subject to regulatory approval, the new arrangement, which also includes EBCI Holdings, the gaming entity of the Eastern Band of Cherokee Indians that operates the casino, will allow Betr to launch real-money micro-betting in the state. Upon Betr securing the relevant licence, consumers in Indiana will be able to place wagers on a range of in-game…
MMA / UFC
RELATED LOCATION
Country
Australia
Country
USA
State
Nevada
Jake Paul's Betr Gets Sports Betting Access To Indiana

Jake Paul's Betr Gets Sports Betting Access To Indiana

Betr announced Thursday it has reached an agreement with the Eastern Band of Cherokee Indians to enter the sports wagering space in Indiana via Caesars Southern Indiana in Elizabeth. The deal, which is primarily equity-based, according to the press release from Betr, will make EBCI Holdings one of the largest stakeholders in the microbetting…
MMA / UFC
Murdoch's News Corp-Fox reunion gambit comes as sports betting valuations tank

Murdoch's News Corp-Fox reunion gambit comes as sports betting valuations tank

Nov 2 (Reuters) - Rupert Murdoch's proposal to recombine News Corp (NWSA.O) and Fox Corp (FOXA.O) and capitalize on sports betting has yet to convince Wall Street as the valuations in the once red-hot gambling market crumble, according to former employees, financial analysts and sports media experts. While some former employees see the move as…
Horse Racing
Betr: Punters slam News Corp-backed sports betting app for deactivated accounts

Betr: Punters slam News Corp-backed sports betting app for deactivated accounts

Scores of angry punters have accused News Corp-backed wagering group Betr of deactivating their accounts to prevent them claiming Melbourne Cup winnings. The consumer discontent comes after Betr's controversial 100-1 odds offer was embraced by hundreds of thousands of people. The group, led by gambling entrepreneurs Matthew Tripp and Andrew Menz,…
Horse Racing
RELATED CATEGORIES
Category Icon
Category
Horse Racing
Category Icon
Category
Horse Racing: Melbourne Cup
Category Icon
Category
Promo Codes
Betr ends $101 Melbourne Cup odds on two favourites

Betr ends $101 Melbourne Cup odds on two favourites

New bookie Betr has issued an odds update to its Melbourne Cup futures market after a surge in demand for its introductory offer ahead of next Tuesday's race, punters.com.au reports. "Due to the unprecedented number of bets placed on Deauville Legend and Loft over the past two weeks, Betr has had to revise the odds on those two runners from $101 to…
Horse Racing
Melbourne Cup 2022: New bookmaker withdraws 100-1 promo on two favourites

Melbourne Cup 2022: New bookmaker withdraws 100-1 promo on two favourites

New bookie withdraws 100-1 promo on two Melbourne Cup favourites We're sorry, this feature is currently unavailable. We're working to restore it. Please try again later. New bookmaker Betr has withdrawn odds of 100-1 for Melbourne Cup favourites Deauville Legend and Loft after maxing their liability on the two runners. The offer, targeted at…
Horse Racing
New bookmaker Betr offering $101 on all Melbourne Cup 2022 runners

New bookmaker Betr offering $101 on all Melbourne Cup 2022 runners

The arrival of Betr into Australia's ultra-competitive $6.4b wagering market is here - and it's come with a ridiculous offer ahead of next Tuesday's Melbourne Cup. The newly formed bookmaker launched in early October ahead of The Everest and Caulfield Cup race meetings, as racenet.com.au reports. Betr, headed up by wagering mogul Matt Tripp and…
Horse Racing
Watchdog issues News Corp’s Betr show cause notice two days after launch

Watchdog issues News Corp’s Betr show cause notice two days after launch

News Corp-backed online wagering group Betr has been hit with a regulatory investigation just two days after its highly anticipated launch, with a key state government authority warning a promotion the outfit ran this week may have breached advertising laws. Liquor & Gaming NSW on Friday issued Betr a "show cause" notice after the company ran…
Horse Racing
Betr opens with a bang offering $101 odds on the Melbourne Cup

Betr opens with a bang offering $101 odds on the Melbourne Cup

Matthew Tripp launched his new betting venture'betr' on Wednesday afternoon and you could say they have come out of the gates well with with a special $101 odds on every horse in the 2022 Melbourne Cup offer until Derby Day spearheading the new bettings sites initial acquisition driver. Punters can get $101 odds on every horse in betr's Melbourne…
Horse Racing
New bookie to offer $101 on all Melbourne Cup runners

New bookie to offer $101 on all Melbourne Cup runners

The arrival of Betr into Australia's ultra-competitive $6.4b wagering market is here. The newly formed bookmaker will launch on Wednesday ahead of next weekend's coveted The Everest and Caulfield Cup race meetings. Betr, headed up by wagering mogul Matt Tripp and chief executive Andrew Menz, is backed by an ownership group including News Corp…
Horse Racing
Betr to launch with $101 odds on the Melbourne Cup

Betr to launch with $101 odds on the Melbourne Cup

Matthew Tripp is set to launch his new betting venture betr on Wednesday and he is hitting the ground running with a special $101 odds on every horse in the 2022 Melbourne Cup offer until Derby Day. Punters can get $101 odds on every horse in betr's Melbourne Cup market (max $10 bet) until Derby Day and it's set to be a hit with new punters on the…
Horse Racing
Matt Tripp: New bookie, Betr, can become most prominent brand in country

Matt Tripp: New bookie, Betr, can become most prominent brand in country

Wagering guru Matt Tripp will launch BetR next week. Wagering guru Matt Tripp has declared his new bookmaker will eventually become "the most prominent brand in the country." In an interview with Nine newspapers, Tripp confirmed the new bookmaker, Betr, will launch next week ahead of the Caulfield Cup and The Everest. "We haven't re-entered this…
Horse Racing
  • 18 plus
  • eCogra
  • Trusted Site
  • Game Care