Australian bookmaker Betr accused of drawing more than half of January gambling profits from 20 customers

In April, Betr was reported as having about 340,000 customers. About 150,000 were considered active. Pointsbet alleges that more than 50% of Betr’s net win in January came from a tiny percentage of that customer base. Photograph: Mark Horsburgh/AAP

A major Australian bookmaker has been accused of generating more than half of its gambling profits from just 20 customers in January.

The accusation was made to the Australian Stock Exchange by the gambling company Pointsbet, which is resisting a hostile takeover bid by rival company Betr, which was previously partly owned by News Corporation.