Out of all the thousands of thoroughbred horse races run around Australia each year, the Melbourne Cup is notoriously one of the hardest races to pick a winner in.
Australasia neighbours Australia and New Zealand share a common love when it comes to gambling. Australia in fact boasts the highest gambling rates in the world with more than 80% of the populace engaging in some form of gambling. Yet in terms of legality, the two nations differ slightly:
As noted previously, the move of Ladbrokes into the Australian sports betting market was seen by many as being too little, too late, with many of their biggest name competitors having already entered the market and having made huge investments to solidify their position among bettors.
Bookmaker Ladbrokes has announced that live betting through its platform will cease to be available in response to local laws – we analyse their position.