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“ClubGRANTS is what the clubs rely upon to push back against any reform. The fact is they’re not generous, they’re a rort.” A “rort” is an antipodean term denoting a trick, scam or fraudulent practice.

Faehrmann also hit back at the NSW’s latest gaming machine data that highlighted a record loss of $2.38 billion by NSW residents on pokies during Q2 of 2026. 

The MP blamed the Minns Labor government’s reforms for the losses, claiming: “The gambling industry understands exactly what this government’s approach means and they love it: more reviews, more delays and more record losses.

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The broader takeaway is about production strategy rather than innovation. Spinomenal’s catalog shows a provider that competes largely on breadth and speed, keeping a wide variety of themes live and continually topping them up.

That positioning has clear trade-offs. High-volume, template-driven studios rarely lead the market on standout mechanics. What they do offer is a steady pipeline for operators and a familiar, low-friction experience for players across a large library.

3 Aztec Spells fits neatly into that pattern. It is best read not as a landmark launch but as evidence of a content engine designed to keep Spinomenal’s numbered, theme-clustered families growing.

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Robinson calls prediction markets “the main event”. His argument is not simply that US customers are moving from sportsbooks to prediction markets. The more important point is that sportsbooks no longer have the relatively protected market that was once assumed.

Kalshi, Robinhood, Crypto.com and DraftKings’ own prediction-market operation are all competing for activity around sporting events. Beynon says prediction markets are having a larger effect on valuations than on fundamentals so far.

The existence of a new competitor does not automatically mean sportsbook revenue will collapse. But valuations do not require proof of collapse to fall. A loss of confidence in future growth can be enough.