Sign up to get the latest on your favourite topics from the ABC We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. The ASX-listed wagering group will upgrade its betting terminals and broadcast displays across the Laundy Hotels portfolio, but lock its rival out. The British bookmaker behind Ladbrokes and Neds allegedly allowed more than a dozen high-risk customers to funnel money through its accounts despite the risks. Over 640 pages, Austrac accuses the UK bookmaking giant of failing to catch “large amounts of money being regularly moved”.
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The chief executive who led the company since 2019 will step down upon the completion of a new anti-money-laundering program. The London-listed giant operates the Ladbrokes and Neds brands in Australia, but has been considering exiting the country as it struggles with weak spending. The body that runs the Matildas and Socceroos wants a bigger cut of money made from punters. Learn about Trustpilot’s review process. Anyone can write a Trustpilot review.
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