BoomBet – Closure Record

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OperatorBoomBet Pty Ltd, formerly Sportsbetting.com.au Pty LtdModelAustralian online bookmakerLicenceNorthern Territory Racing and Wagering CommissionOverall statusClosedClosed22 January 2026Trading since1998, rebranded BoomBet in 2021Last verified10 September 2026
BoomBet was an Australian online bookmaker licensed in the Northern Territory. The company behind it had been taking bets since 1998 under the name Sportsbetting.com.au and became BoomBet in 2021. It announced its closure on 9 January 2026, stopped taking bets on 21 January and shut the accounts on 22 January. The site still carries the notice.
9 Jan 2026Closure announced21 Jan 2026Betting stopped22 Jan 2026Accounts closed13 daysNotice given

01 · The bookmaker

An old Australian book under a new name

Australia licenses most of its online bookmakers through the Northern Territory, whatever part of the country they sell into. BoomBet held one of those licences.

The business is older than the name. It started in 1998 as Sportsbetting.com.au Pty Ltd and used that name for more than twenty years. In 2021 the company renamed itself and the site BoomBet.

It was a mid-sized bookmaker in a market where a few very large companies take most of the money bet. That is the same pressure that has closed independent bookmakers everywhere.

02 · The shutdown

Thirteen days from notice to shut

BoomBet announced the closure on 9 January 2026. Betting stopped on 21 January 2026 and accounts were closed on 22 January 2026. That is thirteen days from the announcement to the accounts closing.

Thirteen days is short. It is not the worst closure on this site. The deadline was published in advance rather than given as a surprise. But anyone away on holiday for a fortnight in January would have come back to a closed account.

No reason was made public. There are two facts around the closure worth stating in public, without claiming they explain it. The chief executive left in August 2025. And earlier in 2025 the Northern Territory regulator fined the company eighteen thousand Australian dollars for breaking gambling safety rules.

A fine that size is not what closes a bookmaker. We include it because it is part of the public record of the last year of trading. We are not saying it caused anything.

03 · The money

Take it out, because nothing moved anywhere

Customers were told to withdraw their balances before 22 January 2026. Accounts were not moved to any other bookmaker. There was no partner site to carry people across. That is unusual and worth knowing, because a lot of closures do offer that.

Bets that had not finished were handled under the rules customers had already agreed to. Anyone with a long-term bet on, such as a season-long football market, had the outcome decided by those rules.

We have found no complaints about unpaid balances. We have also found no proof that everyone was paid. The company was licensed, which means the Northern Territory Racing and Wagering Commission is the place to take an unpaid balance.

The site itself is still up and still says what happened. Loading it today gives a plain page saying that BoomBet has closed, along with a support email address. That is more than most closed sites bother to leave.

BoomBet held a Northern Territory bookmaker licence. An Australian customer with an unpaid balance can complain to the Northern Territory Racing and Wagering Commission. That is better than being stuck with a dead email address.

04 · The receipts

How we verified this record

Every claim on this page is graded by how firmly we could check it. Confirmed means we saw it in the operator’s own notice or in a document that cannot easily be faked. Observed means we saw it ourselves on the live site or domain on the date given. Unconfirmed means it has been reported but we could not prove it.

ObservedThe site still shows a closure noticeLoaded on 10 September 2026. It displays a short statement that BoomBet has ceased operating, with a support email address.
ConfirmedAnnounced 9 January 2026, betting stopped 21 January 2026, accounts closed 22 January 2026Reported with those three dates by two unrelated Australian betting outlets.
ConfirmedCustomers were told to withdraw before the closing date and accounts were not moved to another platformStated in the closure coverage.
ConfirmedThe company traded as Sportsbetting.com.au from 1998 and rebranded to BoomBet in 2021Carried in coverage of the closure and in the company own registration record.
ConfirmedThe Northern Territory regulator fined the company eighteen thousand Australian dollars in 2025 over responsible gambling failuresReported as a separate regulatory action before the closure.
UnconfirmedWhy the company closedNo reason was given publicly.
UnconfirmedThat every customer balance was paid outNo complaints found, and no confirmation either.
What we checked, and what we did not. We loaded the site ourselves on 10 September 2026 and read the notice still posted there. We checked the three closure dates, the note to withdraw money and the fact that no accounts moved. Two separate Australian news sites gave us the same facts. We checked the company old name and its records on our own. We noted the 2025 fine and the exit of the chief executive as background. We do not say either one caused the closure. We did not contact BoomBet Pty Ltd. Last independently checked: 10 September 2026.

05 · The questions

BoomBet – the questions still open

Q. When did BoomBet close?

Betting stopped on 21 January 2026 and accounts were closed on 22 January 2026. It was announced on 9 January 2026.

Q. Why did it close?

No public reason was given. The chief executive had left in August 2025 and the company had been fined by the Northern Territory regulator earlier that year, but neither has been shown to be the cause.

Q. Were accounts moved to another bookmaker?

No. Customers had to withdraw their own money before 22 January 2026.

Q. What happened to bets that had not settled?

They were handled under BoomBet terms and conditions.

Q. I never got my balance. What now?

BoomBet was licensed by the Northern Territory Racing and Wagering Commission in Australia. That is where an unpaid balance complaint goes.

Q. Is the site still up?

Yes, but only as a notice. It states that BoomBet has ceased operating and gives a support email.