NextBet launched in Australia through its acquisition of bookmaker CrossBet, the company said. Executive director Scott Cross will lead the new entity, which plans to pursue further acquisitions and is seeking strategic investors; NextBet said it is in advanced talks with other potential targets.
CrossBet gives NextBet an Australian foothold as it pursues acquisitions and seeks strategic investors.
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Hard Rock Digital has reportedly applied for an Ontario iGaming licence, prompting speculation that it could buy PointsBet Canada if Betr Entertainment’s proposed takeover of PointsBet Holdings proceeds. The Alcohol and Gaming Commission of Ontario said Hard Rock had not officially registered, while neither Hard Rock Digital nor PointsBet Canada commented on the reported acquisition possibility.
PointsBet reported revenue of A$112.7m for the six months to 30 September in the first half of its 2027 financial year, a 16% year-on-year decline. The company said Australian sports betting revenue fell 19% to A$91.8m, while Canadian iGaming net win held at A$15.2m; its planned Alberta entry in 2026 remains subject to regulatory approval.
PointsBet said it remains on track to launch online sports betting and casino in Alberta before the end of 2026. The operator reported Canadian revenue of A$20.9m for the six months to 30 September 2026, up 3% in Canadian dollars year on year, while its segment EBITDA loss widened 82% to C$6.7m.
BetMakers Technology Group reported a 16.3% rise in revenue to A$24.7 million for its fiscal first quarter, ended 30 September, according to the report.
BetMakers Technology Group reported a 16.3% increase in revenue to A$24.7m in its fiscal first quarter ended 30 September, according to the report.
Ontario’s Alcohol and Gaming Commission (AGCO) and PointsBet Canada have settled the regulatory proceeding arising from the commission’s February 2026 proposed order notice. PointsBet accepted a two-day suspension of its online gambling site in Ontario and an AGCO-approved independent audit, with corrective measures to be independently validated.