Palmerbet Explained

Industry:Gambling
Founder:Andrew Palmer, Grant Palmer, Matthew Palmer, Adrian Palmer
Hq Location City:Sydney
Hq Location Country:Australia
Area Served:Australia
Key People:Andrew Palmer, Grant Palmer, Matthew Palmer, Adrian Palmer (Founding Directors)
Products:Betting odds, promotions, tips and insights, betting products
Num Employees:100+

Palmerbet is an Australian online gambling company founded in August 2013 by Andrew, Grant, Matthew, and Adrian Palmer in Sydney, Australia.

Palmerbet has all Australian horse racing, sports and entertainment markets, including Melbourne Cup, Queen Elizabeth Stakes, Australian Football League, National Rugby League, along with all major international events such as English Premier League, National Basketball Association, etc.

History

In 2013, Andrew, Grant, Matthew, and Adrian Palmer established Palmer Bookmaking Pty Ltd, which was later rebranded as Palmerbet.[1] [2] [3] In 2016, Palmerbet received the EGR Rising Star award.[4] In 2020, Palmerbet secured a 3-year sponsorship deals with the NRL teams Newcastle Knights[5] [6] and Canberra Raiders.[7] [8] [9]

The following year, in 2021, Palmerbet extended its sponsorship activities by supporting biggest Australian boxing events.[10] In 2022 and 2023, Palmerbet ventured into sponsoring the PDC darts, their first Australian tour since the pandemic.[11] [12] [13]

Activities

Palmerbet primarily operates as an online gambling platform, providing betting odds, promotions, insights, and other betting products in Australia. The company's headquarters are located on Canterbury Park Racecourse in Sydney. Palmerbet operates within the regulations set by Australian regulatory authorities at the federal and state levels.[14] [15]

References

  1. Web site: 2014-03-30 . Palmerbet promises to take bets from winning punters . 2024-05-27 . Australian Financial Review . en.
  2. Web site: July 9, 2015 . Third generation bookies still prefer track to online action . 2024-05-27 . dailytelegraph.com.au.
  3. Web site: Roocroft . Andy . 2017-02-27 . Family values: EGR Intel speaks to Palmerbet - EGR Intel . 2024-05-27 . en-US.
  4. Web site: Starkey . Gerard . 2016-02-17 . Sportsbet retains Operator of the Year crown at EGR Australia Awards - EGR Intel . 2024-05-27 . en-US.
  5. News: Belot . Henry . 2023-04-14 . Calls for gambling ad bans on Australian match-day jerseys after action from world’s biggest football clubs . 2024-05-27 . The Guardian . en-GB . 0261-3077.
  6. News: Belot . Henry . 2023-04-17 . Australia’s gambling industry split over betting-ad ban on match-day jerseys . 2024-05-27 . The Guardian . en-GB . 0261-3077.
  7. Web site: 2021-11-30 . Raiders and Palmerbet together in 2022 and beyond . 2024-05-27 . Canberra Raiders . en.
  8. Web site: 2024-03-20 . PalmerBet to support Canberra Hospital Foundation again in 2024 . 2024-05-27 . Canberra Raiders . en.
  9. Web site: Nicolussi . Christian . 2023-10-30 . NRL clubs brace for multimillion-dollar hit from new gambling ad bans . 2024-05-27 . The Sydney Morning Herald . en.
  10. Web site: 2023-06-16 . ‘Our worst result, tenfold’: Tszyu stablemate out to ruin bookies – and a bush footy game . 2024-05-27 . Fox Sports . en.
  11. Web site: Lynch . Matt . 2021-08-12 . PalmerBet to sponsor PDC's 2022 World Series events in Australia . 2024-05-27 . Matchroom . en-GB.
  12. Web site: 2021-08-13 . PDC announces PalmerBet as titles sponsors for World Series events in Australia - Online Darts . 2024-05-27 . en-GB.
  13. Web site: Peter Wright to miss World Series trips to Australia and New Zealand for medical reasons . 2024-05-27 . www.sportinglife.com . en-GB.
  14. Web site: PalmerBet Australia Review 2023 (App, Promos, Pros & Cons) . 2024-05-27 . Punters.com.au . en.
  15. Web site: Palmerbet . 2024-05-27 . The Roar . en-US.

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