
Stake.com Founders Hit With $400 Million Lawsuit
Former business partner launches civil action claiming he was integral to establishment of Stake.com
The Australian online gambling industry is thriving and is now worth an estimated AU$3.8 billon per year despite the fact that there are only three forms of online gambling allowed in the country. While the Australian legal code forbids unlicensed sportsbooks, there are still many legal and international gaming companies that allow Australians to access their platforms and place wagers online.