Industry
January 14, 2022
AUSTRAC Expands Star Sydney Probe to Gold Coast and Brisbane Casinos
Investigation into Star Entertainment is widening after the Australian Securities Exchange (ASX)– listed company revealed the Australian Transaction Report and Analysis Centre (AUSTRAC) informed the company not only Star Syndey is under scrutiny. Widening the Scope of Investigation The probe launched by AUSTRAC into Star Sydney dealings in June last year is looking for any […]
Business
January 13, 2022
Crown Resorts Warming Up to Blackstone Takeover Offer
Crown Resorts could be closer to having a new owner. After Blackstone improved its previous offer to purchase the Australian casino operator, Crown Resorts has agreed to join takeover negotiations with the US-based investment firm. Blackstone is ready to put US$6.46 billion up for the purchase. Crown Close to Changing Hands Blackstone’s latest bid came […]
Business
January 12, 2022
Everi Buys Atlas Gaming Assets for Toehold in Australian Slot Market
Everi Holdings, a US-based casino and gaming equipment manufacturer, is set to acquire what it has described as strategic assets from Australia-based iGaming developer Atlas Gaming. In doing so, Everi will retain key team members who will help the company with the transition as well as the future running of operations. Atlas Gaming’s Software and […]
Legal
December 23, 2021
VCGL Issues $720,000 Fine to Crown for Working with Junket Operators
Crown Resorts Melbourne is again in the center of a new regulatory action against the company. After facing a possible license suspension in July, the Victorian Commission for Gambling and Liquor Regulation stated on Thursday that it issued a $720,000 (AU$1 million) fine after the operator failed to comply with junket rules. This is the […]
Casino
December 20, 2021
Star Sydney Manager Fired and Banned for Borrowing Money from Employees
The Star Sydney Casino has fired and banned from entry a casino manager who borrowed over $7,000 from fellow employees to fund her gambling addiction. The employee, Minh Nguyen, served as a casino special employee, supervising gaming tables and ensuring the smooth day-to-day operation of gaming activities in the casino. However, she also developed a […]
Casino
December 14, 2021
NSW’s Chief Gambling Regulator Asks for Money Laundering Investigation into Pub Slots
Independent Liquor and Gaming Authority chairman Philip Crawford has recently asked for a complex investigation into the suspicion of money laundering activities unfolding inside non-gaming venues in New South Wales. The alleged money laundering activities would occur through slot machines. Colloquially called the “poker machine capital of Australia”, NSW is currently home to 95,000 pokie […]
Industry
December 14, 2021
Tasmanian Commission Reports Massive Gambling Losses in 2020-2021
The gambling industry in Tasmania keeps facing massive challenges as its losses have skyrocketed. The total lost amount this year increased by nearly half compared to last year, when the country was hit badly by COVID-19. Total Losses Were $18 Million Higher than 2018-2019 During the 2019-2019 season, the total recorded losses were $137.4 million. […]
Business
December 13, 2021
Crown Resorts Ready for Gambling at Crown Sydney as Asset Sale Pondered
Crown Resorts believes it has shown enough remorse to put it back on regulators’ good side in New South Wales (NSW). It announced that it plans to open gaming operations at Crown Sydney by early 2022. Crown Looks to Return to Action Crown provided an operational update today as part of an investor presentation at […]
Business
December 9, 2021
Flutter Extends OpenBet Partnership for Sportsbet in Australia
Flutter Entertainment has confirmed that it would continue to work with OpenBet to maintain and scale up operations in Australia through the former’s Sportsbet brand. The new partnership extends through the end of 2025 and enjoys support from both companies. As a result, Sportsbet will continue to use OpenBet’s industry-leading tech and services that guarantee […]
Legal
December 9, 2021
Rob Waterhouse Gets Rap on the Knuckles Over Advertisement Shortcomings
The Liquor and Gaming New South Wales has issued a penalty to Rob Waterhouse over a socially irresponsible gambling advertisement. Australia has a very strict code of conduct when it comes to most forms of gambling promotion. Over the past months, we have heard about numerous instances of respectable brands coming head-to-head with local regulators […]