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The Latest Breaking News from Betr

News Corp sells stake in gambling startup Betr after initial investment of $70m

Betr chairman says he is grateful for media company’s ‘initial and ongoing support’ but that it is no longer an investor

The Guardian - AU

Betting agency’s $40m payout for Penrith premiership believed to be largest in Australian history

News Corp-backed Betr attracted controversy last year when it offered 100-1 odds on the 2023 NRL and AFL grand final winners, as well as other sports

The Guardian - AU

Gamblers hit with restrictions after profiting from betting agencies’ promotions

Exclusive: Some companies say restrictions have been placed to stop customers ‘exploiting’ offers

The Guardian - AU

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CODE Bet: News Corp’s sports gambling hub criticised as ‘new low’

Experts say CODE Bet, which assesses wagering markets, could be affected if parliamentary inquiry’s calls are heeded

The Guardian - AU

Penrith Panthers grand final triumph could damage Betr after it offered gamblers 100-1 odds on win

News Corp-backed firm offered inducements that attracted record fine and criticism from regulator

The Guardian - AU

Cavinder twins and Jake Paul partnership launches with podcast

The college basketball stars are equity partners in Betr.

Fortune

Jake Paul, Joey Levy-Backed Sports Betting Company Betr Announces $35M In New Funding: ‘Creating Something Remarkable’

Sports betting company Betr announced a new funding round Tuesday to continue its push in the sector

Zenger

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Sports betting industry predicts 'microbets' next big thing, worrying safe-bet advocates

Imagine being able to make a bet with this level of specificity: the Yankees’ Aaron Judge will hit a home run on the fourth pitch he sees in a given at bat, which will be a curveball spinning at a certain speed

The Independent UK

News Corp-backed gambling startup Betr for sale after record $210,000 fine last month

Betting company approached by multiple ‘international and domestic’ potential buyers after its acquisition of rival PointsBet fell through

The Guardian - AU

Cavinder Twins Announce Collaboration With Jake Paul’s Betting Platform

The former University of Miami basketball players revealed their next business venture.

Sports Illustrated

Betr ‘crossed the line’ with illegal ads in News Corp media encouraging gambling, regulator says

Company denies breaking the law but agrees to pay $210,000 penalty imposed by Liquor & Gaming NSW

The Guardian - AU

Betr lashed for illegal 100-to-1 NSW promotions

Sports wagering company Betr's big punt to quickly gather customers during its 2022 launch has ended in a substantial fine from a NSW regulator.

AAP

Misconduct fines on sports betting companies too low to have impact, regulator says

The Northern Territory Racing Commission has not ruled out suspensions or licence cancellations for breaches, as critics argue it has not kept pace with the industry’s growth

The Guardian - AU

Australian sports betting turnover passes $50 billion per year, outpacing penalties

The value of bets taken by Australian sports gambling companies each year has passed $50 billion, as new figures show the migration of gamblers to digital platforms during the pandemic is here to stay.

ABC News

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The Guardian - AU

‘Serious’ breaches: News Corp-backed gambling company Betr fined more than $75,000

Just days before its launch in October, Betr sent unsolicited and targeted messages to man listed on a self-exclusion register

ABC News

Fines for News Corp-backed sports bookie Betr reach $75k amid threat of licence cancellation

A revealing text message highlights two "serious" breaches of the industry code, with NT authorities deciding to more than double the penalty levelled at the company.

Daily Mirror

Kansas City Chiefs' Super Bowl win costs YouTube star Jake Paul $10,000

YouTube star Jake Paul has made a name for himself in the boxing ring but is $10,000 out of pocket after promising a follower the money if the Kansas City Chiefs won the Super Bowl

USA Today Sports Media Group

Jake Paul’s interview with Bomani Jones turned hostile after questions about Betr and micro-betting

Jake Paul finally met his match.

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ABC News

News Corp-backed Betr fined after targeting self-excluded gambler ahead of Melbourne Cup

The Northern Territory Racing Commission fines Betr for breaching the NT's online gambling code of conduct by directly marketing to a self-excluded person with an offer to open a betting account.

The Independent UK

Wins — and losses — can pile up with sped-up sports betting

Legal sports betting in the United States is getting faster

USA Today Sports Media Group

Jake Paul launches sports betting and media company Betr: ‘The TikTok-ification of sports betting’

Travis Scott and Ezekiel Elliott are just a couple of Betr's many investors.

People

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