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Chances are you’re about to lose: Gambling slump a new reality for sports and media

Calum Jaspan Media Writer October 16, 2025 — 11.30pm Advertisement

In this edition of On Background, the questions hanging over gambling advertising, media companies and the biggest deal in town; a News Corp loyalist spotted in Nine’s offices; Sky cancels another guest; and Kyle and Jackie O’s KIIS of death.

Suite talkin’

On Saturday, Australia’s most powerful sports executive Peter V’landys will welcome a raft of influential media executives into his director’s suite at Sydney’s Royal Randwick to watch the field cross the finish line of the $20 million Everest race.

V’landys’ ability to attract such a crowd is unique. As Racing NSW CEO, he ha

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