Best Real Money Australian Online Casino Sites for 2025
We signed up, played, analysed promos, and tested payouts to see which online casino sites deliver the best experience for Aussie players.
The result? A list of the top 10 online casinos, each one excelling in a different category while also maintaining an all-around quality.
Whether you're here to play pokies or take advantage of a generous cashback offer that comes with no strings attached, we've found the sites that deliver.
Let's get into it.
Our expert team cuts through the clutter to spotlight only the online casino sites in Australia that deliver genuine value for Aussie players. Let's introduce you to our top 5 picks.
Pros: ✔️ Game variety with 7,000 titles
✔️ VIP program with up to A$150,000 in rewards
✔️ Weekly promos and cashback offers
✔️ Bonus store with flexible redemption
✔️ Supports crypto and e-wallet payments
✔️ Reliable in-browser experience
Cons: ❌ 3-day bonus validity is limiting
❌ Help section lacks depth
LuckyVibe earns its top spot for focusing on consistent player value, variety, and loyalty perks. We cannot say that it's the perfect site, but it comes impressively close.
▶️ Game Library
The Good:
What makes LuckyVibe's game library stand out isn't just the number – it's the variety. This casino has clearly made an effort to accommodate every type of player. Beyond the 6,100+ pokies, there's a strong selection of instant-win games, live dealer tables, and unique Drops & Wins. Plus, you'll regularly find new slots that aren't just clones of each other.
Big brands like Pragmatic Play and Betsoft give credibility to the lobby. At the same time, the inclusion of less popular developers in the pool of over 60 game studios creates a lineup that feels distinct from one casino session to the next. It's also one of the few platforms that caters well to bonus-focused players, with a dedicated 'Bonus Buy' section and a variety of RTP ranges. Overall, we find that that sort of inventory adds value beyond raw volume.
The Bad:
Live casino and table game enthusiasts might find themselves slightly underserved. The options are available, with around 180 games, but they don't receive as much attention.
▶️ Bonuses & Promos
The Good:
LuckyVibe offers a well-rounded bonus ecosystem that caters to both new and returning players. The welcome offer totals up to A$5,000 plus 300 free spins – generous by any standard. But what stands out more is the weekly promo rhythm: reloads on Tuesday and Thursday, spins on Sunday, and a cashback safety net.
These aren't one-off boosts – they're part of the site's core structure. The comp point store is another clever touch, giving players control over how they want to boost their progress. It's a rewarding loop that benefits loyalty without relying solely on VIP status.
The Bad:
The 3-day validity is a real drawback; even experienced players may find it tight, especially if they're exploring new games or playing casually.
▶️ Payment Methods, Speed & Limits
The Good:
Few casinos offer the breadth of payment providers that LuckyVibe does. It covers all the bases, including major credit cards, multiple e-wallets, and a solid lineup of cryptocurrencies like Bitcoin, Ethereum, and Ripple. Minimum deposits start at a manageable A$30, and payout ceilings go up to A$3,000 daily and A$30,000 monthly, striking a good balance between accessibility and flexibility.
This makes LuckyVibe a suitable pick for both mid-range players and occasional high-rollers. Additionally, the 24-72 hour processing window is within industry norms and reflects an honest handling of withdrawal timing.
The Bad:
While the payment methods are abundant, the absence of instant withdrawals is noticeable in 2025. More platforms are offering same-day cashouts, and LuckyVibe might fall behind if it doesn't step up here.
▶️ Our Team's Verdict – 5/5
LuckyVibe delivers a deep, loyalty-driven experience with smart bonuses and a killer game library. It's not flawless – the 3-day expiry is frustrating, but its overall balance of features and consistent value make it the strongest all-rounder.
Pros: ✔️ 300+ jackpot pokies from top-tier providers
✔️ Over 5,000 total games
✔️ Multiple cashback options with low wagering
✔️ Comp points redeemable for bonuses
✔️ Diverse crypto methods
Cons: ❌ Payout speed lags behind faster platforms
❌ Some bonuses heavily favour high-tier VIPs
If chasing big wins is your thing, DivaSpin delivers one of the strongest jackpot lineups on the market. With hundreds of progressive and fixed jackpot pokies, it's a top AU online casino for jackpot hunters. Throw in low-wagering cashback and layered promos, and the value here goes beyond just the headline numbers.
▶️ Game Library
The Good:
DivaSpin doesn't try to pad its numbers with filler. Out of its 5,000+ games, more than 300 are dedicated jackpot games, many from high-end providers like Yggdrasil, Pragmatic Play, and Relax Gaming. Whether you're after classic progressives or more modern mechanics with tiered prize drops, the variety keeps things exciting.
It also helps that the rest of the game library is well-balanced, with pokies, live dealer games, and table options forming a solid foundation around the jackpot core. It's a smart setup that keeps the focus on prize potential without sacrificing variety.
The Bad:
While the depth is there, no demo mode is available. This isn't a huge shortcoming, but the opportunity to test games for free before reaching for your virtual wallet would have been a nice touch.
▶️ Bonuses & Promos
The Good:
DivaSpin has a multi-layered bonus system that plays well with jackpot hunters. The welcome package spreads out across four deposits, offering up to A$4,500 and 200 free spins, more than enough to explore high-stakes games.
Weekly promos keep the extras coming, and the cashback offers are genuinely player-friendly. A 15% weekly cashback of up to A$4,500, with a 1x wagering requirement, is one of the most usable promos around. There's even live casino cashback of 25%, which rounds out the offering for table fans.
The Bad:
Cashback offers are largely gated behind higher VIP tiers, so casual players might not see the full range of value unless they level up fast.
▶️ Payment Methods, Speed & Limits
The Good:
There's real flexibility in how you fund your play here. DivaSpin supports everything from traditional cards to crypto and e-wallets. Bitcoin, Litecoin, and Dogecoin are all available, along with local-friendly options like MiFinity and UTORG.
Deposits start at a minimum of A$30, and high caps on many providers, up to A$7,800, allow for substantial deposits if you're focused on jackpot games. Withdrawals also scale with your VIP level, which is useful if you hit it big and want access to higher limits down the track.
The Bad:
Three-day payout times just don't cut it in 2025. The lag might not bother recreational players, but those playing high stakes or chasing jackpots will definitely notice the delay. However, slower internal processing is slightly offset by the speed of crypto transactions.
▶️ Our Team's Verdict – 4.9/5
DivaSpin offers one of the richest jackpot portfolios we've seen, backed by smart promos and solid game balance. Its cashback model and raw prize potential seal the deal as a standout pick for any best Australian online casino list.
Pros: ✔️ Welcome bonus up to A$3,000 + 200 FS
✔️ Weekly bonus codes and reload promos
✔️ Comp points redeemable for spins or cash
✔️ VIP program with up to A$150,000 in rewards
✔️ Supports crypto, fiat, and local payment services
Cons: ❌ High wagering on many bonuses (up to 50x)
❌ VIP program mainly benefits heavy players
Lucky7even stands out for turning bonuses into a long game. And it's not just about the big upfront offer – it's about creating a rhythm that rewards returning players. The structure is clear, the promos are frequent, and while it's less forgiving for light players, there's serious value for those in it regularly.
▶️ Game Library
The Good:
Lucky7even subtly pushes you into exploring different styles of play. It's not just that there are 7,000+ games – it's how those games create different pacing experiences. You've got fast-twitch Bonus Buys, slow-burn Hold & Win pokies, and even some standout niche titles from lesser-known developers that force you to rethink how you engage with reels.
The slot tournaments also add a competitive spirit for players who prefer goals and milestones over random spins. This platform rewards curiosity and experimentation more than just sticking to the same five games.
The Bad:
Card games and other non-slot formats receive less visual emphasis. You'll find them, but they're tucked away behind broader categories.
▶️ Bonuses & Promos
The Good:
Lucky7even's bonus lineup is the main attraction, with the welcome deal being distributed over four deposits and stacking up to A$3,000 with 200 free spins, a strong first impression. However, the promo strategy plays to behaviour rather than hype. It's not trying to dazzle you with inflated percentages – it's trying to create habits.
Codes for specific days mean players have a reason to log in regularly, and the structure makes it easier to plan around your budget and playing time. That sense of predictability, combined with the VIP and comp point systems, builds a rewarding feedback loop for players who enjoy consistency. Rather than chase one-off bonuses, you can build a long-term strategy here.
The Bad:
Bonus terms aren't very forgiving. Some promos come with 50x wagering, and the minimum deposit amounts for higher-value rewards are steep. Players who don't plan to deposit regularly may feel excluded from the best perks.
▶️ Payment Methods, Speed & Limits
The Good:
Whether you're using UTORG for digital top-ups or crypto for higher privacy, the platform doesn't punish you for choosing convenience. Limits are fair, with daily and monthly caps of A$3,000 and A$30,000, respectively, that support steady growth without punishing frequent cashouts.
For players who deposit in crypto, the broad token support (including TRON, DOGE, and Cardano) is a real asset, because not every site goes beyond Bitcoin and Ethereum.
The Bad:
What's missing is any sort of tier-based withdrawal acceleration. Higher-tier VIPs get reward boosts, but their cashout speed remains locked to the same 1–3 day window as entry-level players.
▶️ Our Team's Verdict – 4.8/5
Lucky7even stands out for its bonus-centric design. It's one of the few platforms where promotions go beyond just bombastic welcome offers. While the wagering can be lower and casual players may hit limits, it's still a top choice among any online casino in Australia for real money.
Pros: ✔️ Huge game library with 9,000+ titles
✔️ Cashback across loyalty levels, up to 20%
✔️ Four-part welcome bonus + regular reloads
✔️ Supports 15+ crypto and fiat payment methods
✔️ Exchange comp points for devices, spins, and more
Cons: ❌ No clear table games category
❌ VIP access by invitation only
Rollero is the kind of Australian online casino that doesn't try to limit your options. Whether it's games, payment methods, or loyalty rewards, the sheer volume of choice is its core appeal. It's not perfect, navigation can be clunky, but for players who like exploring, Rollero offers one of the most open-ended experiences.
▶️ Game Library
The Good:
Rollero offers meaningful variety with its 9,000+ games and a standout collection of Hold & Win and progressive jackpot slots. It's clearly built for players who don't want to repeat the same experience every session.
What makes it unique is the way it leans into trend-driven content. You'll find newer mechanics and a mix of RTPs and volatility levels peppered throughout, which means every scroll down the lobby feels like discovering something fresh. This is especially great for players who rotate between fast-paced pokie sessions, classic reels, and live dealer games, depending on their mood.
The Bad:
There is no real reason to complain about this corner of the casino. It's all good here, except that new players might find the sheer range overwhelming, but is that a flaw?
▶️ Bonuses & Promos
The Good:
Rollero's bonus offering feels like it was built around a calendar. The welcome bonus stretches across four deposits, and it's supported by daily and weekly promotions that fit into a routine. Tuesday reloads, Friday boosts, Sunday free spins – it's all clearly laid out and repeatable.
That kind of rhythm helps players plan their sessions without needing to chase surprise offers. The cashback model also deserves credit, offering up to 20% for loyal players, and cashback mechanisms are available at weekly and monthly intervals, providing real breathing room during colder streaks.
The Bad:
Bonus expiry is tight, with only 3 days to meet terms, and the 40x wagering sits at the higher end of the acceptable range. For players who dip in and out rather than play in bursts, this limits the usability of even generous offers.
▶️ Payment Methods, Speed & Limits
The Good:
Rollero goes wide on payments without sacrificing reliability. It offers a full suite of cards, e-wallets, prepaid options, and crypto, covering everything from Binance Coin to Ripple. This kind of range lets players fund and withdraw according to their habits, not the casino's preferences.
What's especially smart is the comp point redemption store that includes physical items, not just spins or cash. That tactile reward system gives long-term play more purpose. For Australians using local-friendly methods or altcoins, it's one of the most flexible options on the market.
The Bad:
Withdrawal speed is stuck at a max of 3 business days, and VIP players don't get access to faster processing. With many competitors now offering same-day crypto payouts, Rollero risks losing ground in that area, even if its limits (A$7,500 daily) are generous.
▶️ Our Team's Verdict – 4.7/5
Rollero's value lies in its freedom. It's an ideal pick for players who don't want to be boxed into one type of game, one promo format, or one payment method. If you're the kind of player who likes to explore and make your own pace, this Australian online casino offers some of the richest variety around.
Pros: ✔️ Tiered VIP system with boosted withdrawal limits
✔️ Live cashback and weekly promos for returning players
✔️ Over 190 live dealer games from trusted providers
✔️ Supports crypto, bank transfer, and prepaid methods
✔️ 24/7 customer support via live chat
Cons: ❌ No mobile app
❌ Daily withdrawal caps may limit larger wins
CrownPlay isn't chasing one-time depositors – it's rewarding loyalty with tiered VIP levels, regular cashback, and consistent reload offers. It's not the slickest site, but it quietly delivers a structured, reliable experience that keeps long-term players engaged without overcomplicating things.
▶️ Game Library
The Good:
CrownPlay doesn't prioritise overwhelming size; instead, it focuses on structured, high-quality curation. With over 4,000 games in total and 3,000 pokies, it covers the essentials well. What elevates its offering is the live dealer library, which includes over 200 games across blackjack, roulette, baccarat, and newer game-show styles.
Unlike many competitors, CrownPlay clearly prioritises the live experience, ensuring it's visible and well-supported. The platform also features a solid selection of RNG table games, ideal for players who rotate between slots and strategy games.
The Bad:
The site lacks more experimental or niche formats like crash games or video poker. While it covers the basics well, players seeking offbeat content or unique gameplay mechanics might feel disappointed.
▶️ Bonuses & Promos
The Good:
CrownPlay's promotional strength lies in how straightforward and usable it all feels. The welcome package is generous – up to A$4,500 and 350 free spins across four deposits. But it's the VIP cashback that keeps players coming back. Weekly 15% cashback and 25% live casino cashback are not occasional perks, but built into the repertoire.
These are paired with reload bonuses and consistent free spin drops, providing regular players with a way to recoup value without chasing limited-time events. The max bet limits and 10-day wagering windows make bonuses usable, even for players who aren't grinding daily.
The Bad:
Most of the real cashback value kicks in at VIP levels 3 and above. Early-stage players won't see the best returns unless they play heavily, which narrows the appeal for casual users.
▶️ Payment Methods, Speed & Limits
The Good:
CrownPlay is one of the few casinos that actively caters to a wide spectrum of players through its banking options. From Visa and Neosurf to crypto options like USDT, ETH, and DOGE, the platform covers traditional and modern payment preferences.
Deposit and withdrawal minimums are reasonable at A$30, and higher-tier VIPs benefit from expanded withdrawal caps of up to A$35,000 monthly. The banking flow is laid out clearly, and withdrawal limits scale with player status, reinforcing the VIP-centric design of the site.
The Bad:
The daily payout of A$800 for entry-level players is quite low by industry standards, especially for an audience that may prefer fewer but larger payouts. However, faster withdrawal speeds for VIPs enhance the overall loyalty value.
▶️ Our Team's Verdict – 4.6/5
CrownPlay is built for serious players who want steady rewards and a clear upgrade path. The VIP perks, such as a personal account manager and exclusive bonuses, make it one of the top picks for long-term value seekers.
Our ranking system focuses on fairness, usability, variety, and long-term value. We examined 180 platforms through real play, assessing features that genuinely matter to filter down the selection to the best casinos for Australian players. Here's how we determined which ones deserve to be called the top online casinos.
To ensure secure online gambling in Australia, we only recommend sites with valid gaming licences from Anjouan and Curaçao, and a transparent ownership structure. We verify SSL encryption, check T&Cs, and available self-exclusion and deposit limit tools. One of our key requirements is 24/7 support via live chat. Email-only help or vague FAQ sections don't meet our trust standards.
We expect to see at least 3,000 games, but the best platforms often have over 5,000 titles. What matters is balance because pokies alone don't cut it. Our team looks for diverse categories: jackpots, Megaways, table games, video poker, and at least 100 live dealer tables. Casinos that support multiple software providers and offer mobile-friendly, low-lag gameplay ranked highest for entertainment and variety.
A big bonus amount is pointless if the terms are unreasonable. We favour welcome offers of at least A$1,000 + 100 spins, with wagering under 40x and a 10-day minimum validity. We also seek to mark down low caps, high minimum deposits, or unfair exclusions, regardless of size. Our preferred bonus page lists reloads, cashbacks, free spins and low-wager loyalty perks that add long-term value.
Fast access to funds is a must. We look for payout speeds under 72 hours, ideally lower than 24. The best casinos support both fiat and crypto, such as Bitcoin, Litecoin, and methods like MiFinity or Neosurf. Minimum deposits of A$30 or lower, daily cashout caps of at least A$3,000, and no hidden fees are our baseline.
Playing at an Australian online casino comes with plenty of upsides, especially if you know what to look for. Here's a quick breakdown of what works in your favour and what to watch out for. ✅ Huge Game Selection: Top Aussie casinos offer thousands of pokies, live dealer tables, and specialty games, often from 50+ providers.
Top Aussie casinos offer thousands of pokies, live dealer tables, and specialty games, often from 50+ providers. ✅ Flexible Banking: With support for local payment methods, e-wallets, and crypto, deposits and withdrawals are easier than ever.
With support for local payment methods, e-wallets, and crypto, deposits and withdrawals are easier than ever. ✅ Loyalty & Cashback Perks: Many platforms reward ongoing play with VIP bonuses, comp points, and weekly cashback – that's value that adds up over time.
Many platforms reward ongoing play with VIP bonuses, comp points, and weekly cashback – that's value that adds up over time. ✅ Mobile Play: You can play via web mobile apps that give you easy access without wasting unnecessary storage. ❌ Wagering Requirements: Bonuses often come with high wagering requirements, sometimes as high as 50x, making it challenging to convert promo funds into real cash.
Bonuses often come with high wagering requirements, sometimes as high as 50x, making it challenging to convert promo funds into real cash. ❌ Slower Withdrawals for Casuals: Lower-tier players may face slower payouts or capped withdrawal limits, depending on the casino.
At the best online casinos Australia has to offer, banking is a huge part of the experience. Fast withdrawals, low fees, and secure deposits can make a huge difference, especially when you're playing with real cash. Here's how the most common payment methods work, and which brands do them best.
These remain the go-to options at many Australian online casinos, offering instant deposits and dependable withdrawals via Visa and Mastercard. They're widely accepted, familiar, and backed by solid consumer protections. For players who want simplicity without setup, LuckyVibe is a standout – it supports both cards and offers fast processing times across the board.
Methods like Skrill, Neteller, and MiFinity are ideal for speed-focused players. These digital wallets create a buffer between your bank and the casino, giving you more control over privacy and transaction flow. If you're looking for an Australian online casino for real money that handles e-wallets smoothly, DivaSpin is a top pick, thanks to its flexible limits and cashback-friendly terms.
These have become a major feature at many real money online casinos, especially for players who value privacy and faster withdrawals. Bitcoin, Ethereum, and Litecoin are just the start. Sites like Rollero take it further by accepting 15+ coins and offering high withdrawal caps, making it one of the most crypto-friendly platforms around.
Methods such as Neosurf and CashtoCode are great for those who want a more discreet deposit method. These services don't require bank accounts or cards, which makes them especially appealing at online casinos Australia players use for occasional or low-stakes play. CrownPlay leads the way here, with excellent local support for prepaid vouchers.
Bonuses are a significant part of what makes Australian online casinos appealing, especially for players who want more value for their money. But it's not just about the biggest number on the welcome banner. The best casinos offer a balance of variety, fairness, and ongoing value. From first-time rewards to weekly offers and cashback deals, here's what you can expect at quality sites. Welcome Bonuses: These are usually the first offers players see at a real money casino online. They typically include matched deposits (e.g., 100% up to A$1,000) plus free spins. The best ones come with reasonable wagering and multi-deposit rewards that stretch out value over time.
These are usually the first offers players see at a real money casino online. They typically include matched deposits (e.g., 100% up to A$1,000) plus free spins. The best ones come with reasonable wagering and multi-deposit rewards that stretch out value over time. Reload Bonuses : A staple of the top Australian online casino scene, reloads reward returning players with extra funds or spins. These promos often follow a weekly schedule and help keep gameplay fresh for loyal users.
: A staple of the top Australian online casino scene, reloads reward returning players with extra funds or spins. These promos often follow a weekly schedule and help keep gameplay fresh for loyal users. Cashback Offers : Cashback bonuses return a portion of your losses, typically ranging from 10% to 25%. At the best real money online casinos in Australia, cashback is often tied to VIP levels or offered weekly with low wagering.
: Cashback bonuses return a portion of your losses, typically ranging from 10% to 25%. At the best real money online casinos in Australia, cashback is often tied to VIP levels or offered weekly with low wagering. Free Spins & No Deposit Bonuses: Some online Australian casino sites offer free spins on signup or as part of a loyalty reward. No-deposit bonuses are rare but valuable when found.
Whether you're a casual spinner or a strategy-focused player, the best online Australian casinos offer something for everyone. From pokies to live dealers, the variety is broader than ever, and knowing what's out there can help you get more from every session.
Pokies are by far the most popular option. You'll find classic three-reelers, video slots with detailed storylines, and high-volatility games with features like Megaways, Bonus Buys, and Hold & Win. Many of the best Australian online casinos include thousands of pokies from top providers like Pragmatic Play, Play'n GO, and Playson.
Classic table games like blackjack, roulette, baccarat, and poker remain staples. These are perfect for players who enjoy a blend of luck and skill. Variants like European Roulette or Multihand Blackjack keep things fresh and offer different house edges.
Live casino games bring a more social and immersive experience. You can join live blackjack, roulette, or baccarat tables hosted by real dealers via video stream. Some casinos also offer live game shows such as Crazy Time or Monopoly Live.
Video poker games like Jacks or Better and Deuces Wild combine elements of slots and poker. Specialty games such as keno, dice, and crash-style games round out the offerings for players looking for something off the beaten path.
Whether you're spinning pokies or trying your hand at blackjack, staying in control is key. Here are some simple tips to stay safe while gambling: Set a budget before you play, and stick to it. Never chase losses.
before you play, and stick to it. Never chase losses. Use time limits to avoid long, unplanned sessions. Take regular breaks.
to avoid long, unplanned sessions. Take regular breaks. Only play with money you can afford to lose. Gambling shouldn't interfere with bills or savings.
Gambling shouldn't interfere with bills or savings. Avoid gambling under stress or when you're upset – it clouds decision-making.
or when you're upset – it clouds decision-making. Use built-in tools like deposit limits, self-exclusion, or cooling-off periods when available.
like deposit limits, self-exclusion, or cooling-off periods when available. Know when to stop. If it's not fun anymore, take a break.
With so many online casino sites in Australia to choose from, it's easy to get lost in the noise. But the best platforms stand out for a reason – they offer consistent value, flexible banking, real rewards, and fair play.
Whether you're chasing pokies, looking for fast cashouts, or just want great weekly promos, there's a site that fits your style.
Our top pick, LuckyVibe, ticks nearly every box with its massive game library, loyalty perks, and generous bonuses. But it's not the only one worth your time.
From tournaments to jackpots and VIP rewards, each casino on our list brings something unique to the table.
The key? Play smart, stay in control, and enjoy the ride.
18+ Only. Gambling is risky. Bet at your own risk and never spend money that you can't afford to lose. The guide on this site is informative and intended to present you with up-to-date information about the online casino landscape in Australia.
Check your local laws before playing. If you think you have a gambling problem, reach out to www.gamblinghelponline.org.au.
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8 hours ago
- The South African
Best real money Australian Online Casino sites for 2025, tested by experts
As a team of seasoned casino experts, we know all the ins and outs of Australian online casinos, in addition to which ones are good and best avoided. To help you narrow down the top online casinos for Australian players, we approach every site with the same clear benchmarks, which include game variety, bonus value, and payment flexibility. We played hundreds of pokies, tested countless tables, and claimed every bonus to see its real value. Finally, we compiled a list of the 10 best online casinos in Australia for 2025, chosen for their quality, trustworthiness, and player experience. Keep reading to learn more about what helped them land on our list! Our team put the best online casino sites in Australia to the test, and five of them stood out. Here's how each platform performed during our testing: Reasons to Play: ✅ Huge welcome package up to A$4,000 + 300 free spins ✅ Massive game library with over 5,000 pokies and 400 live casino titles ✅ High withdrawal limits of up to A$53,300 monthly ✅ Up to 20% cashback plus dozens of ongoing promotions ✅ Dedicated progressive jackpot network Reasons to Avoid: ❌ No dedicated table games section ❌ No card withdrawal options Stay Casino quickly became our pick for best online casino in Australia because signing up was smooth, and the welcome bonus offer felt genuinely competitive. Here's what else really stood out. Casino Games: Stay Casino's library offers over 5,000 titles. In our sessions, we played everything from high-volatility pokies to unique bonus buys, but the live casino impressed us most, with over 400 tables from multiple providers. We found everything from blackjack and roulette to more niche titles like Sic Bo and game shows. However, the lack of a clearly separated table games category means you will have to use the search function more than expected. Bonuses: During testing, we redeemed several ongoing promotions. The Tuesday free spins offer was straightforward to claim and gave us up to 100 spins on popular titles without hidden catches beyond the 40x wagering. The weekly cashback was a genuine highlight, with a 7% return on losses, and the 5x wagering made it much easier to cash out compared to standard offers. Payment Methods: Deposits were fast and easy through both Visa and Neosurf. Crypto transactions stood out during our testing for their flexibility, as there's no upper limit for deposits, and withdrawals through Bitcoin, Ethereum, and Litecoin were processed within 24 hours. The absence of card withdrawals is a downside, but options like MiFinity and crypto make up for it. Withdrawal limits are generous, with a daily cap of A$7,000 and monthly limits higher than most competitors. Stay Casino Verdict: Our time with Stay Casino confirmed it's one of the best real money online casinos in Australia in 2025. Between the huge game selection, flexible banking, and a loyalty program that can award over 6,700 free spins, it offers something substantial for both casual and high-stakes players. Reasons to Play: ✅ Huge welcome package up to A$20,000 + 500 free spins ✅ VIP welcome bonus of up to A$6,000 with a 60-day VIP trial ✅ High withdrawal limits of up to A$42,000 monthly ✅ Over 5,100 games from 70+ providers ✅ Loyalty program with up to A$100,000 in prizes Reasons to Avoid: ❌ Limited responsible gambling tools ❌ 3x wagering on all deposits Lucky Ones stood out in our tests with its enormous welcome bonus compared to most Aussie online casinos. Signing up was straightforward, and claiming each stage of the multi-part offer worked flawlessly. Casino Games: With over 5,100 titles, the variety at Lucky Ones included over 4,000 pokies from top names like Betsoft, Platipus, and Novomatic, and around 200 live casino tables. The live section covers blackjack, roulette, baccarat, and game shows, all streaming smoothly during our sessions and offering versatile betting ranges. Jackpot hunters will also find many interesting options, though not as extensive as some competitors. Bonuses: The welcome bonus was our favourite feature of the casino, with A$20,000 plus 500 free spins across four deposits. The VIP package we tested added an extra layer of value, but the A$500 minimum deposit requirement makes it more suited to high rollers. Weekly promotions were plentiful, giving regular players multiple ways to top up their bankroll. However, the standard 3x wagering on all deposits is something casual players should be aware of. Payment Methods: Lucky Ones supports a wide range of banking options, including Visa, Mastercard, and an extensive list of cryptocurrencies. In our experience, deposits cleared instantly, but withdrawals took around three days to process. Limits are generous, with up to A$42,000 per month available for cashouts. The minimum withdrawal of A$30 for most methods is reasonable, though bank transfers start at A$300. Lucky Ones Verdict: If bonuses are your priority, Lucky Ones stands out as one of the best online Australian casinos you should look into. Its game variety and VIP rewards also make it appealing for frequent players. For those chasing maximum value, this casino is a strong contender. Reasons to Play: ✅ Welcome package up to A$5,000 + 500 free spins ✅ VIP welcome reward up to A$50,000 + 780 free spins ✅ Over 6,000 games, including 470 live casino tables ✅ Frequent tournaments and promotions ✅ 20 FS no deposit bonus for enabling mobile notifications Reasons to Avoid: ❌ High minimum deposit required for VIP membership ❌ No phone support Richard Casino impressed us during mobile testing, living up to its reputation as one of the top online casinos for mobile players. Navigation was smooth, loading times were quick, and games ran without lag, even on older devices. Casino Games: With over 6,000 games, including 5,000 pokies from big names like Yggdrasil, BGaming, and Pragmatic Play, the variety is hard to beat. We also found 470 live casino tables covering blackjack, roulette, baccarat, and game shows. The mobile interface makes browsing easy, offering separate categories for the most popular types of games, along with a section dedicated to games that contribute to bonus wagering. Bonuses: The welcome package is split across five deposits, with the potential to claim up to A$5,000 and 500 free spins. We tested both standard and VIP offers, and while the latter are generally more rewarding, the high minimum deposits mean they're better suited for high rollers. Weekly promotions were reliable during our review period, with the Wheel of Fortune bonus being a fun touch that gave us a mix of free spins and small cash wins. Payment Methods: Deposits via Visa, Mastercard, and Neosurf were processed instantly in our tests, while crypto options like Bitcoin, Ethereum, and Litecoin offered unlimited deposit caps. Withdrawals took around three banking days, which is slightly slower than some competitors, but the A$53,300 monthly cap is among the highest in Australia. Minimum withdrawals are reasonable at A$20 for most methods. Richard Casino Verdict: For players who value mobile performance without sacrificing game variety or bonus value, Richard Casino is a top online Australian casino. The generous promotions, high withdrawal limits, and huge game library make it stand out, although faster payouts would improve the experience further. Reasons to Play: ✅ Welcome bonus up to A$2,000 + 100 free spins ✅ Over 4,000 pokies and 415+ live casino games ✅ Daily free Lootbox with up to 100 free spins ✅ Extensive list with responsible gaming tools ✅ 6,700 free spins available through the loyalty program Reasons to Avoid: ❌ High deposit required for immediate VIP membership ❌ No phone support Slotozen quickly earned its spot on our list thanks to its pokies variety and generous ongoing promotions. During our testing, the platform felt well-optimised and easy to navigate, with the added bonus of having many built-in responsible gaming features. Casino Games: Slotozen's strength is its pokies selection, with over 4,000 titles from standout providers like Betsoft Gaming, Booming Games, and Evoplay. We tested a mix of high-volatility and low-volatility pokies, along with bonus buy options, and performance was consistently smooth. The live casino library includes more than 400 tables, covering blackjack, roulette, baccarat, and game shows, while instant win and table games add to the variety. Bonuses: The welcome package is split into two deposits, offering a total of A$2,000 and 100 free spins spread across popular games like Gates of Olympus 1000, Wolf Gold, and Sweet Bonanza 1000. Our team particularly enjoyed the daily Lootbox feature, which awarded us varying numbers of free spins throughout the week. The 10% live casino cashback stood out for having no wagering requirements, making it one of the most rewarding offers we came across. Payment Methods: Slotozen supports both fiat and cryptocurrency banking. Deposits via Visa, Mastercard, and Neosurf were instant in our tests, while Bitcoin and Ethereum allowed us to deposit as much as we wanted. Withdrawals took around three banking days, with a monthly limit of A$30,000, which is lower than some rivals. Minimum withdrawal starts at A$20 for most methods, keeping it accessible. Slotozen Verdict: For pokies enthusiasts, Slotozen is one of the strongest real money online casinos in Australia for 2025. Its game variety, creative promotions, and player-focused cashback make it stand out, even if withdrawal limits are lower than competitors. Reasons to Play: ✅ Welcome package up to A$20,000 + 500 free spins ✅ VIP welcome bonus up to A$6,000 with 60-day VIP trial ✅ High withdrawal limits of up to A$42,000 monthly ✅ Over 5,000 games, including 200 live casino tables ✅ Loyalty program prizes worth up to A$100,000 Reasons to Avoid: ❌ Limited responsible gaming tools ❌ No phone support Lucky Dreams earned its place on our list for its top-tier VIP rewards and high-value loyalty program. During our testing, we found it especially rewarding for players who enjoy regular reload offers, free spins, and the potential to earn big perks over time. Casino Games: With over 5,000 games from 65 providers, Lucky Dreams delivers plenty of variety. We tried a mix of pokies from Playson, Novomatic, and Booongo, as well as table games and live dealer titles. The live casino section, while smaller than some competitors at 200 tables, still offers the classics like blackjack, roulette, baccarat, plus a handful of game shows with fun gameplay. Bonuses: The welcome package is spread across five deposits, totalling up to A$20,000 and 500 free spins. We found the VIP welcome bonus particularly impressive, not just for the A$6,000 bonus but also for the 60-day VIP trial and cashback benefits. Weekly and monthly promos were diverse, from crypto deposit boosts to themed weekends. The Telegram-exclusive bonuses were also a nice touch for players who like extra rewards. Payment Methods: We tested deposits via Visa, Neosurf, and Bitcoin, and all were processed instantly. The casino supports everything from traditional bank cards to cryptocurrencies like Ethereum, Litecoin, and USDT. Withdrawals were processed in around three days, with limits reaching A$42,000 monthly, which aligns with most other picks on our list. Bank transfers do have a higher minimum withdrawal of A$300, so e-wallets or crypto are better for smaller cashouts. Lucky Dreams Verdict: With one of the most generous loyalty programs, Lucky Dreams is a top Australian online casino for players chasing big rewards. Its wide game selection and frequent promos make it a strong pick for regulars, though the lack of a mobile app and limited responsible gaming tools may be a drawback for some. We rank online casino sites in Australia using a consistent set of benchmarks to ensure our reviews are fair and comparable. Every platform we test receives a score on its games, bonuses, banking security, and mobile usability, with only the best options making our list. The strongest casino sites need both quality and quantity in the lobbies. We look for large libraries with pokies, table games, jackpots, and live dealer titles, as well as niche options like scratch cards or instant win games. Just as important is who makes the games, as we always favour casinos working with established providers like Pragmatic Play, NetEnt, and Yggdrasil, because they ensure fair play, smooth performance, and high production value. At all of our recommended picks, you can find at least 3,000 games in the lobbies, with a selection of 50+ providers. Bonuses are a key draw, but they need to be fair to help the casino land on our list. We review welcome offers and ongoing promotions, but also examine the fine print. Reasonable wagering requirements, realistic time limits, and transparent withdrawal caps are essential. In testing, we claim these bonuses ourselves to see if they deliver on their promises or if hidden restrictions get in the way. Fast, secure, and flexible banking is non-negotiable when playing at the best online casino in Australia for real money wagers. We deposit and withdraw using different methods, including credit cards, e-wallets, bank transfers, and cryptocurrencies, to check transaction speeds and ease of use. We also ensure each casino uses encryption and other safeguards to protect player data and funds. With more players using mobile devices than ever before, the mobile experience an online casino in Australia offers is a major ranking factor. We test platforms on both Android and iOS devices, checking load times, navigation, and game performance. The best online casinos should run smoothly on smaller screens without sacrificing features, game variety, or promotional access. Playing at the best Australian online casinos comes with plenty of benefits, but it's worth being aware of the potential downsides, too. Here's a balanced look at what you can expect. ✅ Convenient Access : Our recommended casino sites allow you to play from anywhere in Australia, whether you're at home on your computer or on the go with your mobile. This means you can fit gaming into your schedule without the need to travel to a physical venue. : Our recommended casino sites allow you to play from anywhere in Australia, whether you're at home on your computer or on the go with your mobile. This means you can fit gaming into your schedule without the need to travel to a physical venue. ✅ Generous Promotions : From welcome bonuses to ongoing free spins and cashback offers, online casinos often give more value than land-based venues. These offers can help extend your playtime and give you extra chances to win. : From welcome bonuses to ongoing free spins and cashback offers, online casinos often give more value than land-based venues. These offers can help extend your playtime and give you extra chances to win. ✅ Many Payment Options : You can choose from traditional credit and debit cards, e-wallets, bank transfers, and a growing number of cryptocurrencies for deposits and withdrawals. This flexibility makes it easier to find a method that's both fast and cost-effective. : You can choose from traditional credit and debit cards, e-wallets, bank transfers, and a growing number of cryptocurrencies for deposits and withdrawals. This flexibility makes it easier to find a method that's both fast and cost-effective. ✅ Massive Game Selection : You get access to thousands of pokies, table games, and live dealer titles without having to switch casinos. The variety means you can explore new games whenever you like while still having favourites on hand. : You get access to thousands of pokies, table games, and live dealer titles without having to switch casinos. The variety means you can explore new games whenever you like while still having favourites on hand. ✅ Flexible Betting Limits: Play with wagers that best suit your budget, whether you're a low-stakes spinner or a high roller. Having this range allows both casual and serious players to enjoy the same platform. ❌ High Rollover Requirements : Many bonuses come with wagering conditions that can make it challenging to withdraw winnings. Understanding the fine print before you claim a bonus is key to avoiding disappointment. : Many bonuses come with wagering conditions that can make it challenging to withdraw winnings. Understanding the fine print before you claim a bonus is key to avoiding disappointment. ❌ Withdrawal Limits & Speeds : Some real money casinos online impose caps on how much you can cash out and may take days to process payments. This can be frustrating if you've landed a big win and want fast access to your funds. : Some real money casinos online impose caps on how much you can cash out and may take days to process payments. This can be frustrating if you've landed a big win and want fast access to your funds. ❌ Profile Verification Requirement: You might need to complete multiple identity checks before withdrawals, which can delay access to your funds. While this is done for security and compliance, it's something to factor in when planning cashouts. Choosing the right payment method can make a big difference to your online casino experience. The best Australian online casino platforms support multiple options, each with its own limits, speeds, and benefits. Visa and Mastercard remain the most widely accepted methods, with deposit limits usually ranging from A$20 to A$10,000 per transaction. Deposits are instant, but withdrawals can take two to five business days, depending on the bank. Fees are rare on the casino's side, though your bank may apply charges. The convenience is a plus, but slower cashouts and the occasional blocked transaction are drawbacks. Options like MiFinity, Skrill, Neteller, and Jetonbank are popular for their speed, with most deposits and withdrawals processed instantly or within 24 hours. Limits typically fall between A$20 and A$6,000 per transaction. While these banking options rarely have extra fees, they offer good privacy since you don't need to share banking details directly with the casino. The main downside is that not all casinos include e-wallet deposits in bonus eligibility. Bitcoin, Ethereum, Litecoin, and USDT are increasingly common at online casinos in Australia. Deposit and withdrawal limits are often much higher, even unlimited at times, while processing times can be as quick as a few minutes. Fees are generally minimal, though they can vary. Crypto's pros are speed, security, and privacy, but you need to keep in mind the volatility in value. Bank transfers are a reliable choice for large withdrawals, often with limits up to A$6,000 per transaction. They are the most secure but slowest method, typically taking three to five business days to complete. Some banks charge processing fees, and the higher minimum withdrawal of around A$100 can be restrictive. The upside is that bank transfers are widely accepted and well-suited for players who prefer traditional banking. Bonuses are a major reason why many players choose Australian casinos online over land-based options. The best platforms offer a mix of welcome deals, cashback, recurring promos, and long-term VIP rewards that can add real value to your play. Welcome Package : A welcome package is the sign-up offer given to new players, usually spread across multiple deposits to encourage continued play. At Lucky Ones, you can get a boost of up to A$20,000 and 500 free spins over four deposits, which is our top pick for a welcome casino bonus in Australia. : A welcome package is the sign-up offer given to new players, usually spread across multiple deposits to encourage continued play. At Lucky Ones, you can get a boost of up to A$20,000 and 500 free spins over four deposits, which is our top pick for a welcome casino bonus in Australia. Cashback Bonuses : A cashback bonus returns a percentage of your losses over a set period. Neospin offers daily cashback of up to 20% on every deposit, giving players a regular safety net without having to wait for weekly or monthly payouts. This is especially useful for frequent players looking to keep their balance topped up. : A cashback bonus returns a percentage of your losses over a set period. Neospin offers daily cashback of up to 20% on every deposit, giving players a regular safety net without having to wait for weekly or monthly payouts. This is especially useful for frequent players looking to keep their balance topped up. Daily Offers : Daily offers are smaller, recurring promotions that keep things interesting between bigger bonuses. At Stay Casino, one such bonus is the Tuesday Free Spins, where deposits of A$45 or more earn up to 100 spins, an option that is available each week specifically on Tuesdays. : Daily offers are smaller, recurring promotions that keep things interesting between bigger bonuses. At Stay Casino, one such bonus is the Tuesday Free Spins, where deposits of A$45 or more earn up to 100 spins, an option that is available each week specifically on Tuesdays. VIP Rewards: VIP rewards are exclusive perks for loyal players, often including bigger bonuses, faster withdrawals, and unique gifts. Lucky Dreams' VIP welcome bonus offers 150% up to A$6,000 plus a 60-day VIP trial. At the top tier, rewards can include a trip to Las Vegas and A$100,000 in cash, an incentive that few programs in Australia can match. The best Australian online casinos for real money wagers offer a huge variety of games to suit every style of play. Whether you prefer spinning reels, testing strategies at the tables, or chasing quick wins, the best Australian online casino platforms have something to match your taste. Pokies are by far the most popular choice at online casinos in Australia for real money wagers. You'll find everything from classic and retro slots to modern video pokies packed with bonus rounds, expanding wilds, and progressive jackpots. Stay Casino and Slotozen both excel here, offering over 4,000 pokies each, including hit titles from standout providers. Many games feature bonus buy options, letting you jump straight into free spins or special features. Table games include classics such as blackjack, roulette, baccarat, and poker. They appeal to players who enjoy a mix of strategy and luck. At Just Casino, for example, you can choose from multiple rule variations like European and American Roulette or Multi-hand and Super 7 Blackjack. The absence of a dedicated table games section at some casinos, such as Stay Casino, means you may need to use the search bar to find your favourites, but that doesn't affect the variety. Live dealer games combine HD video streaming with interactive gameplay, helping you get the best social experience when playing online. These games are hosted by professional dealers and often include chat features so you can interact with other players. Diva Spin and Richard Casino have the most impressive selection of live dealer tables, covering traditional games like blackjack and game shows like Crazy Time and Monopoly Live. Instant win games offer fast results and straightforward gameplay, which makes them perfect for short sessions or when you want something different from pokies and tables. These can include scratch cards, keno, arcade, and crash games. Slotozen and King Billy both include instant win titles alongside their main offerings, giving players quick ways to play but still have fun. Online gambling in Australia can be an enjoyable pastime when you approach it with the right mindset and habits. The aim is to keep it fun, sustainable, and in balance with the rest of your life, so you can enjoy the thrill of the games without it becoming a source of stress. Decide on your betting budget early : Before you start playing, set a clear limit on how much you're comfortable spending for that session, week, or month. Once you've reached that amount, it's a signal to stop so that you stay within safe boundaries. : Before you start playing, set a clear limit on how much you're comfortable spending for that session, week, or month. Once you've reached that amount, it's a signal to stop so that you stay within safe boundaries. Use responsible gambling tools : Most reputable Australian online casinos offer features to help you stay in control, such as deposit limits, loss limits, and session time reminders. Using these tools isn't a sign of weakness but a smart way to make sure your gambling fits within your own comfort zone. : Most reputable Australian online casinos offer features to help you stay in control, such as deposit limits, loss limits, and session time reminders. Using these tools isn't a sign of weakness but a smart way to make sure your gambling fits within your own comfort zone. Take regular breaks : It's easy to get caught up in the excitement of a game, especially if you're on a winning streak or chasing a loss. Step away from the screen now and then, even if it's just for a few minutes, to clear your mind. : It's easy to get caught up in the excitement of a game, especially if you're on a winning streak or chasing a loss. Step away from the screen now and then, even if it's just for a few minutes, to clear your mind. Play for entertainment only: Casino games are designed to be exciting, but the outcome will always involve an element of chance. If you treat gambling as a way to make money, it can quickly become stressful. Instead, think of it as you would any other form of entertainment, with wins that are a bonus, not a guarantee. Our recommendations are based on months of testing with consistent benchmarks to ensure fairness and accuracy. We've compared game variety, bonus value, payment security, and mobile performance to bring you casinos that truly stand out. While every site on our list has its strengths, Stay Casino stood out as the best online casino in Australia for 2025 with its massive game library, high withdrawal limits, generous welcome package, and rewarding loyalty program. Whether you're a new player or a seasoned pro, check out this casino or any of our other recommendations for the best possible online gambling experience. 18+ Only. Gambling is risky. Bet at your own risk and never spend money that you can't afford to lose. The guide on this site is informative and intended to present you with up-to-date information about the online casino landscape in Australia. Check your local laws before playing. If you think you have a gambling problem, reach out to
IOL News
14 hours ago
- IOL News
Fortnite developer claims win against Apple and Google
A court ruling found that Apple and Google misused their market power in a dispute with the maker of wildly popular video game Fortnite. An Australian court has found Apple and Google misused their market power in a dispute with the maker of wildly popular video game Fortnite. Both Apple and Google kicked Fortnite off their respective app platforms in 2020, after the game designed an in-app payments system that cut the tech giants out of the loop. Developer Epic Games retaliated by launching legal action against the tech giants in a string of courtrooms around the world. Australia's Federal Court this week found the tech firms' app-store dominance reduced competition, likely forcing game developers to pay higher commission fees.
Daily Maverick
3 days ago
- Daily Maverick
The Finance Ghost: Shoprite still the checkout champion in retail wars
While there are opportunities to make money in the South African economy, you have to be pretty selective about where you look. It's not news to you that South Africa's economic growth has been less than inspiring, leading to South Africans becoming poorer by global standards. Nedbank's recent results are evidence of lacklustre economic activity, with the bank struggling to get enough loans out into the wild to offset the impact of a dip in interest rates. In the retail sector, The Foschini Group put forward some fascinating arguments at their Capital Markets Day about the shocking trend in the average South African's real income (ie adjusted for inflation) over the past decade and why this is forcing the group to see its value offerings as the best local growth engine. These corporate nuggets are a useful reminder that while there are definitely opportunities to make money in the South African economy, you have to be pretty selective about where you look. One of the most interesting ways to see this play out each year is in the retail sector, a competitive bloodbath of companies trying to compete for some of the most price-sensitive consumers in the world. There's no rising tide that lifts all boats here. Instead, there are boats that can get past the challenging waves and there are others that are getting smashed into the harbour. Last week in this column, I covered Boxer vs Woolworths Food as an excellent example of the power of having a focused model in a difficult economy. It's amazing how the clothing retail sector is filled with executives who find themselves drawn to offshore opportunities (traps?), with Woolworths continuing to suffer an Australian hangover. The Foschini Group is unfazed by this, with a clear message to the market that they will continue to pursue an international strategy despite reporting disappointing numbers in their UK and Australian businesses. The grocery sector has also seen some truly ugly offshore expansion stories. Spar is the standout example, with the group still reeling from its European exposure. Closer to home, even a grocery giant like Shoprite has learnt some hard lessons from trying to grow in Africa. For better or worse, the local market is where the best money is to be made by our retailers. This is where they understand their customers and can execute sensible strategies around store formats, supply chains and acquisitions (where those opportunities are still available in the market). The success that Shoprite has seen through focusing on South Africa rather than Africa is lovely to behold, while even Pick n Pay is starting to see the benefits of a turnaround strategy that has simplification at its core. This brings us to this week's corporate updates, with important financial news coming in from market leader Shoprite and laggard Pick n Pay. Before digging into these numbers, it's worth noting that the year-to-date performance is poor for both stocks, with Shoprite down nearly 10% and Pick n Pay down 15%. Before the latest results came out, Pick n Pay was actually 'ahead' this year, ie less negative than Shoprite. The share price performance can tell a different story from the underlying business performance because of the expectations baked into the share price. The market has incredibly high expectations for Shoprite, with Pick n Pay seen as a much more speculative play. We'll start with Pick n Pay, before ending off with Shoprite at the top of the food chain. Positive momentum at Pick n Pay – unless you're a franchisee There's an incredibly odd situation at Pick n Pay that goes against conventional wisdom. The corporate-owned stores are showing a faster turnaround than the franchise stores, despite the latter typically benefiting from being owner managed. Although this sounds great in theory, the problem is that Pick n Pay has a vast base of franchise stores. For the turnaround to be successful, they need both corporate-owned and franchise stores to pull their weight. In the past three reported periods (being the first and second halves of FY25, as well as the first 17 weeks of FY26), corporate-owned stores grew turnover by 3.1%, 3.6% and 4.0% respectively. In stark contrast, franchise supermarkets managed -1.4%, 1.1% and 0.2% respectively. It's not hard to spot the more consistent story with positive momentum. As encouraging as the corporate-owned story is, Pick n Pay's efforts to shrink into profitability have led to a situation where total sales growth is non-existent. Essentially, the store closures are offsetting the growth in other stores. While this is the right decision in terms of the turnaround, it doesn't exactly tell a story of growth. Pick n Pay Clothing remains the gem, with an astonishing 12.5% increase in like-for-like sales in the latest 17-week period. While the timing of winter has played a role here and this isn't indicative of sustainable growth, this store format's consistently strong performance shows that Pick n Pay can still win when they get the model right. Lots of wagging tails at Shoprite Shoprite's latest update covers the 52 weeks to 29 June 2025, so it's not directly comparable to Pick n Pay's release. Still, it tells an incredible story of a group that just doesn't stop winning, with HEPS from continuing operations expected to be 9.4% to 19.4% higher. This was driven by sales growth of 8.9%, with Supermarkets RSA leading the charge with growth of 9.5%. Digging deeper into Supermarkets RSA reveals that Checkers and Checkers Hyper delivered growth of 13.8%, while Shoprite and Usave were far more modest at 5.2%. Boxer is giving Shoprite a proper go when it comes to lower-income shoppers, whereas higher-income shoppers have flocked to Checkers at a time when Pick n Pay has been shedding customers. It's not all good news, though. There's a concerning trend in sales momentum from the first half to the second half of the year, with Supermarkets RSA growing 10.4% in the first half and 8.5% in the second half. There's certainly nothing wrong with 8.5% growth, but Shoprite is trading on a demanding earnings multiple and any slowdown in growth will be a concern for the market. Unlike Pick n Pay, which must shrink into profitability, Shoprite is expanding in key verticals. They love the pet opportunity for example, with Petshop Science opening 60 new stores to take the total footprint to 144 stores. Interestingly, the worrying trend in the birth rate is on full display at Shoprite, with just one new Little Me store opened in this period, taking the total to 11 stores. With the furniture business being sold to Pepkor and with a decision to further reduce the exposure to certain countries in Africa, Shoprite's focused grocery strategy is working beautifully. They are experimenting in other categories, but they understand what the core of the business must be in order to continue being successful. The risk, as always, lies in overpaying for the shares. Based on the guided range for HEPS with a midpoint of R13.57, the price/earnings (P/E) multiple is just below 20x. My observation of retail stocks on the JSE is that they start to run out of puff at a P/E above 20x, so there's not much room for multiple expansion here. If Shoprite can maintain this kind of growth in HEPS though, investors won't need multiple expansion to be rewarded. DM
