Industry
February 18, 2022
ACMA Sees Increase in Online Gambling in First Half of 2021
The Australian Communications and Media Authority (ACMA) has long embarked on a mission to uproot illegal online gambling in the country. Several years after the first salvo was fired, Australians seem to be gambling more despite the pandemic. Yet, the findings of a new survey by the watchdog may be justified. Online Gambling Climbs up […]
Business
February 17, 2022
Tabcorp Lottery and Keno H1 FY2022 Results Drive Share Price up 5%
Australian racing and sports betting firm Tabcorp has seen an increase in its revenue in the first half-year of FY 2022. The surveyed period ended on December 31, 2021, and resulted in revenues of AU$2.93 billion ($2.11 billion) or up 2.2%. The period is noted down as H1 2022 because of the specific way Tabcorp […]
Business
February 10, 2022
Tabcorp, Entain Run Neck-and-Neck to Take Over Western Australia’s TAB
Western Australia (WA) has selected the shortlist for the second and binding bid phase of its TAB auction. The field is led by ASX-listed Tabcorp and Entain, which runs bookmakers Ladbrokes and Neds. WA expects the provider of online and retail outlet wagering services in the state to have a formal data room open by […]
Business
February 10, 2022
Australian Sportsbook Sportsbet Hit With $3M Fine Over Spam
Some companies still don’t get it. There’s a reason why governments have stepped in and placed legal bans on spam – consumers don’t want to be bombarded with unsolicited messages. Most would assume that a giant company like Flutter Entertainment would know not to violate the law, but not in this case. Its Australian sports […]
Business
February 9, 2022
Rivalry Secures License to Operate Betting Products in Australia
Rivalry Corp. is on a roll and the roll does not stop with one license or successful monthly and quarterly results. The company, which strives to be a globally recognized sports betting and media platform, has secured a license by the Northern Territory Racing Commission in Australia. Australia Marks Important Market Entry for Rivalry As […]
Business
February 9, 2022
Australia’s Star Entertainment Allegedly Involved in Disturbing Practice
Bells are about to ring in Australia, and not for a good cause. After the fallout from the investigation into Crown Resorts, which revealed extensive money laundering and other failings, Star Entertainment Group became a target. New South Wales (NSW) is going to open the casino operator’s past in a so-called Bell Inquiry, and the […]
Business
February 8, 2022
Everi Gains a Stronger Foothold in Australia Through New Acquisition
Everi Holdings, a casino gaming company, has announced plans for acquiring eCash Holdings. This Australian firm provides cash handling and payment solutions for the gaming industry. This is the second Australia-based acquisition for the company since the beginning of 2022. Everi Expands Footprint Down Under Everi will purchase eCash Holdings for AUD$33 million ($23.4 million). […]
Casino
February 7, 2022
Star Entertainment Set to Pay $9.2M to Current and Former Employees
The Australian casino gaming giant, Star Entertainment Group, is set to pay over $9.2 million (AU$13 million) to former and current staff after it was uncovered that in a six-year period, the company underpaid its employees as it did not provide them with adequate rewards on bonus elements such as penalty rates and overtime. Star […]
Business
February 7, 2022
Melco Resorts Billed for Crown Resorts Investigation in New South Wales
The Independent Liquor and Gaming Authority (ILGA) in New South Wales (NSW) has filed a lawsuit against Melco Resorts & Entertainment to recover some of the costs of the Bergin Inquiry into Crown Resorts. According to an exclusive report by the Australian Financial Review (AFR), the lawsuit has been filed in the Supreme Court. It […]
Legal
February 3, 2022
Crown’s Former Boss Felstead Rejects WA Royal Commission Findings
Barry Felstead, a former chief executive officer of Crown Resorts, rejected intermediary findings of the Perth Casino Royal Commission that, according to his barrister, could lead to prosecution, The Sydney Morning Herald reported. Rejecting Findings Leading to Prosecution The former boss of Crown Resorts from 2013-2020 Barry Felstead, via his barrister Joanne Shepard, addressed the […]