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Cash often moves a portfolio toward the lower end of the expected return spectrum.

$179m a week or $1.1m per hour: The shocking numbers crushing Sydney

In the past three years, NSW punters have lost $27 billion through poker machines – equivalent to the cost of the massive Metro West rail project.

  • Bevan Shields

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Adrian Portelli is hugely popular online, but anti-gambling advocates are not fans of his business LMCT+.

Billionaire Adrian Portelli wants to sell you petrol as UK move raises gambling concerns

It’s a move that could catapult “Lambo guy” into the league of Australia’s richest people but anti-gambling advocates in two countries are concerned it will increase gambling advertising in places frequented by families.

  • Sarah Danckert
In 2023, an Australian syndicate attempted the ultimate gamble: buying nearly every single number combination in the Texas lottery. We reveal how the group spent $US26 million the jackpot.
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How Australian gamblers won a $US95m jackpot draw

In 2023, an Australian syndicate attempted the ultimate gamble: buying nearly every single number combination in the Texas lottery. We reveal how the group spent $US26 million the jackpot.

There are now a lot of bets, and potentially a lot of profits, tied to what Donald Trump does, or says next.

Unusual bets on Trump’s war have rung alarm bells

Highly profitable trades made ahead of the US-Israeli strikes on Iran have put a spotlight on a fast-growing threat to the financial system.

  • Stephen Bartholomeusz
Prediction markets such as Polymarket allow users to bet on a wide range of real-world events.

Geopolitics bets hit a record as Iran war escalates

The growth comes as critics question the legality and ethics of betting on military conflicts.

  • Emily Nicolle
Guardian Australia editor Lenore Taylor.

How the Guardian’s editor upended a ‘royal’ visit

Global Guardian boss Katharine Viner was due to arrive in Australia next week for one of her tours to the outlet’s Australian outpost, but that was changed in a hurry.

  • Calum Jaspan
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Little is known about George Nguyen, the Australian man at the centre of legal drama involving Canadian rapper Drake.

The rapper, the crypto billionaire and the Instagram mystery man

Little is known about the Sydney man at the centre of a lawsuit involving rapper Drake and an online casino founded by Australia’s youngest billionaire.

  • Kishor Napier-Raman
The AFL could be staring down serious sports betting trouble if it doesn’t learn from the drama unfolding in the NBA.

The more we know the better: How the AFL’s NBA-style gamble on injury could come unstuck

The NBA is dealing with a gambling scandal that touches the biggest name in the biggest basketball competition in the world. The AFL can learn plenty from it.

  • Michael Gleeson
The 32-year-old fraudster told Mildura couple Aimee and Nick Mazza, who had unwittingly invested $250,000 into his private Ponzi scheme, their funds would be “maturing very soon.”

Couple who lost $250,000 among the victims of financial planner’s gambling addiction

Disgraced financial adviser Anthony Del Vecchio secretly wagered away a couple’s investment fund set up to secure their children’s future.

  • Melissa Cunningham and Cameron Houston
Almost 80 per cent of Australians say they’re being exposed to betting advertising every week, with 41 per cent saying they see or hear gambling ads four or more times a week.

Rebates for news bulletins? TV execs push for journalism offset

FreeTV Australia, which lobbies on behalf of Nine, Ten and the Seven Network, is seeking a compromise on the federal government’s gambling advertising policy.

  • Calum Jaspan