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Banks drag ASX down, tech outperforms

Negative start to the week, AUSTRAC on the prowl, takeovers galore The ASX 200 (ASX: XJO) finished down 0.1% on Monday, a negative start to the week driven lower by the financials sector, which fell 1.1%.  Elsewhere the retail sector was hit, falling 0.8% as the Melbourne lockdown continues, whilst the IT sector was the brightest light,…
The Inside Investor | 7th Jun 2021 | More
BetMakers gambles on a Tabcorp bid

BetMakers Technology Group (ASX: BET) makes a $4 billion proposal to buy Tabcorp’s wagering unit. It bids higher than competing offers by Entain and Apollo. BetMakers shares fall, TAH shares rise. BetMakers has lobbed a $4bn takeover offer to buy all the shares in pokies and wagering business Tabcorp Holdings (ASX: TAH). Under the BetMakers…
Ishan Dan | 2nd Jun 2021 | More
Aristocrat powers through the pandemic despite closure of casinos

Aristocrat Leisure (ASX: ALL) – Australia’s leading gaming and technology company has released its half-year results, for the six months to 31 March 2021. And its results didn’t fail to impress. While the pandemic caused mayhem to physical casinos such as those operated by Crown Resorts (ASX: CWN), online casinos moved in to fill the…
Ishan Dan | 31st May 2021 | More