PointsBet

Reports indicate the federal government is preparing a weaker version of the gambling advertising ban recommended in the Murphy report, with a cap of two ads an hour until 10pm and blackouts around live sport. The proposals are still in draft form and have not yet gone to cabinet. Independent senator David Pocock has called the shift a betrayal of the late MP Peta Murphy's legacy.

9m ago

PointsBet reported group revenue of A$112.7 million for the six months to 30 September, down from A$134.9 million a year earlier, and a swing to a normalised EBITDA loss. The company said its Australian business was hit by declines among high-value customers following compliance measures. In Canada, it faces a shortened two-day suspension of its Ontario website over alleged monitoring failures.

10m ago