Ricky ponting beteasy gambling betting
(Image: AAP/Ellen Smith)

Just one day after new data emerged showing that Australians lost a record $24.8 billion gambling in 2017-18, former Australian cricket captain Ricky "Punter" Ponting has enjoyed a multimillion-dollar pay day courtesy of the world’s biggest online gambling company.

The Australian’s Rich List editor John Stensholt was given the drop overnight on a $251 million deal, which will see Canadian giant The Stars Group snap up the final 20% it doesn’t own in BetEasy.

The Stars Group is in the throes of a $23.5 billion merger with Dublin-based Flutter Entertainment, parent company of Sportsbet, which is the largest and most successful foreign bookmaker in the Australian market and has inflicted serious damage on former monopolist Tabcorp.