Who owns Nextbet?
As of : Nextbet is run by Nextbet Pty Ltd, AU. It holds a licence from Australia NT Racing and Wagering Commission for Racing and Wagering Act 2024. The ultimate owner is not published.
| Ultimate owner | NextBet (incl. PlayUp, CrossBet) (privately held (Australian private company; shareholders not public)) |
|---|---|
| Operating company | Nextbet Pty Ltd, AU · reg. ACN 606 786 976 |
| Licences | Australia NT Racing and Wagering Commission |
| Products | Sports betting |
| Website | nextbet.com.au |
| Sister casinos | 2 |
| Fines and actions | 0 |
| Owner proof | verified |
| Last checked | 20 Oct 2026 |
In numbers
- Nextbet Pty Ltd also runs 2 other gambling brands under the same company and licence.
- NextBet (incl. PlayUp, CrossBet) owns 3 casino and betting brands in our data.
Licences
| Regulator | Type | Valid | Check it |
|---|---|---|---|
| Australia NT Racing and Wagering Commission | sports bookmaker licence (Racing and Wagering Act 2024) | active | register |
What these licences mean for you
About NextBet (incl. PlayUp, CrossBet)
Nextbet Pty Ltd (ABN 65606786976, QLD 4000) is an Australian private company licensed by the NT Racing and Wagering Commission. It bought CrossBet in late 2025 (business name CROSSBET from Sep 2025) and the PlayUp Australian business, including Draftstars, in Feb 2026 per trade press. PlayUp Limited, the seller, is an unlisted company. No parent company is named in the registers checked; it is treated as privately held.
Headquarters: AU · Ownership: privately held (Australian private company; shareholders not public)
How we know, and what we could not confirm
How we know: Australian online bookmaker run by Nextbet Pty Ltd. Privately held; shareholders not public.
- The ultimate owner (the people or company at the top) is not published.
2 sister casinos
Same owner often means the same terms, the same support team and the same payout rules. A self-exclusion at one brand may not cover its sister sites.
Does self-exclusion at Nextbet cover its sister sites? · How national self-exclusion schemes work
NextBet (incl. PlayUp, CrossBet) sister sites, fines and sources →
Ratings elsewhere
- Trustpilot: read the reviews there
Ratings from other websites, with their source. We do not copy their reviews, and they do not change our facts.
Questions and answers
Who owns Nextbet?
Nextbet Pty Ltd runs it. The ultimate owner is not published.
Is Nextbet licensed?
Yes. Its operator Nextbet Pty Ltd holds a licence from Australia NT Racing and Wagering Commission for Racing and Wagering Act 2024.
Has the owner of Nextbet been fined?
We have no fines and regulator actions on record.
Is Nextbet legit?
Nextbet is run by Nextbet Pty Ltd, which holds a licence from Australia NT Racing and Wagering Commission for Racing and Wagering Act 2024. Check the licence in the Northern Territory licence register. Fines and regulator actions against Nextbet’s own company: 0. Sister sites with the same owner: 2. Guide: How to check a casino. We do not rate sites. A licence from your country’s regulator is the main protection.
What are Nextbet’s sister sites?
Nextbet has 2 sister casinos with the same owner, NextBet (incl. PlayUp, CrossBet): PlayUp, Draftstars. Full list: all NextBet (incl. PlayUp, CrossBet) sister sites.
Sources
- https://abr.business.gov.au/ABN/View?abn=65606786976
- https://dth.nt.gov.au/boards-and-committees/wagering-commission/licensed-wagering-operators
- https://www.acma.gov.au/check-if-gambling-operator-legal
- https://thestraight.com.au/playup-rolls-on-as-nextbet-takes-ownership/
- https://www.gamingintelligence.com/finance/226484-nextbet-acquires-playup-betting-platform-in-australia/
Last checked 20 Oct 2026. How we check facts. Gambling can be addictive. Help: BeGambleAware, GamStop, Gamblers Anonymous.
