Casino
December 12, 2022
Smearing Campaign Won’t Make NSW Premier Back Down from Pokie Reform
Australia has gone through some massive overhauls of its gambling industry over the past months with probes launched into Crown Resorts and Star Entertainment Group. More upheavals are coming with proposed facial recognition, cashless gaming cards, and more impacting the sector with different interests and groups vying to find a middle ground. Pokie Reform to […]
Esports
December 12, 2022
AGSA: Says Loot Boxes Serve as Gateway to Gambling
Australian youths may be exposed to too much gambling, argues the Australian Gaming and Screen Alliance, which is concerned about the lack of adequate measures that safeguard youngsters from the dangers of mechanisms such as loot boxes. According to the organization, gambling addiction is a serious issue that has not been addressed adequately in the […]
Business
December 12, 2022
News Corp Increases Share Holding in Betr
Rupert Murdoch’s media company in Australia, News Corporation, has upped its stake in Matthew Tripp’s fast-growing bookmaker betr to almost 50%. New Investment of AUD 50 Million in Matthew Tripp’s Betr The Australian Financial Review reported that the partnership between News Corp, Matthew Tripp’s BetMakers Technology Group, and Las Vegas-based Tekkorp Capital, which created Australia’s […]
Legal
December 9, 2022
Star Entertainment Slapped with Second AU$100M Fine in Australia
Australia’s Star Entertainment Group has received a second AU$100 million fine in less than two months, with the company investigated by the Queensland state government, and found in breach of a number of laws. Star to Pay Another AU$100M Fine in Australia The new fine was announced by AG Shannon Fentiman on Friday, which considered […]
Industry
December 9, 2022
Responsible Gambling Fund in NSW Has 2 New Trustees
Australians have been notorious for their gambling habits, and New South Wales isn’t sitting on its hands, having contributed to the changes happening on a national level throughout the year. The RGF is a part of these efforts. Two Newly Appointed, One Reappointed New South Wales (NSW) has its own Responsible Gambling Fund (RGF) Trust, […]
Casino
December 8, 2022
Queensland Casino Fined for Illegitimate Junket Collaboration
The crackdown on Australian casinos involved with Asian junket operations still continues with new developments in the case against The Reef Hotel Casino in Cairns, Queensland. Dealings with Asian Junket Agent Result in a Fine for the Reef Hotel Casino ABC News reported that The Reef Hotel Casino in Cairns, which is jointly owned by […]
Legal
December 7, 2022
AUSTRAC Opens Civil Penalty Proceedings against SkyCity Adelaide
Australian Transaction Reports and Analysis Centre (AUSTRAC), the Australian Government’s agency, which detects and thwarts criminal activities in connection with the financial system, is cracking down on yet another Australian casino for breaching the laws on anti-money laundering and counter-terrorism financing. AUSTRAC Files Penalty Proceedings Against SkyCity Adelaide On December 7, AUSTRAC announced that it […]
Industry
December 5, 2022
NSW Crime Commissioner Advocates for Compulsory EGM Cashless System
New South Wales Crime Commissioner Michael Barnes has directed criticism toward New South Wales MPs for devaluing the importance of the findings of the Report into Money Laundering via EGMs in Pubs and Clubs, which was made up as a result of an investigation conducted in collaboration by the NSW Crime Commission, the Independent Liquor […]
Industry
December 5, 2022
430,000 Children in Australia U-16 Gamble Online
A new report by the Alliance for Gambling Reform has confirmed that more than 430,000 in Australia are currently gambling. These children are all under the age of 16, notes the organization’s chief executive Carol Bennett, with close to 40,000 children now categorized as at-risk gamblers, and another 14,400 referred to as problem gamblers. Extrapolating […]
Business
December 2, 2022
Tabcorp Raises A$425M from Private US Placement
Tabcorp has successfully secured additional capital to spearhead its operations through the issuance of a new private placement long-term debt. The company announced in a filing to the Australian Stock Exchange sought to raise additional funds through the placement of notes in the private US market, amounting to a total of A$425 million ($289 million). […]
