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Tough day for BlueBet following its unsuccessful licence application in Arizona.

  • ASX200 closed 0.22% higher on Monday at 7504.50.
  • BlueBet tumbled 13% after news of an unsuccessful licence application.
  • Sonic Healthcare dipped despite reports of its vaccine passport potential.

The Australian market started the week in positive territory, closing Monday’s session 0.22% higher at 7504.50 as resources, and metals and mining stocks soared following the release of strong full year results.

Tech stocks finished the session in the red as Altium’s more than 14% loss weighed down the tech sector. Nuix also plunged 9.41% while Technology One fell almost 1.5%.

Bitcoin is trading 0.91% lower over the last 24-hours at US$47,916.31 at 4:15pm AEST.

Australian-based online bookmaker BlueBet nosedived more than 13% today after the company announced its US business and partner Colorado River Indian Tribes was unsuccessful in its application for one of ten licences to operate an online sportsbook in Arizona.

Making headlines, Sonic Healthcare shares fell slightly today despite positive news reported about the diagnostics and testing company with regards to ‘positioning itself as a top contender to conduct the COVID-19 testing for an eventual vaccine passport if the government undertakes a tender process’ according to the AFR. Sonic Healthcare has played a vital part in Australia’s fight against COVID-19 through its COVID-19 testing.

And Chicago newlyweds have gone viral after a post on Twitter revealed the couple issued absentees with a US$240/person no-show fee if they RSVP’d but failed to show up to the wedding.

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