The Latest in australia
Business
August 27, 2021
Crown Resorts Names Ziggy Switkowski Chairman as Helen Coonan Steps Down
Crown Resorts revealed that Helen Coonan steps down as chairperson today. The company revealed that it hired the services of industry expert Dr. Ziggy Switkowski to fill Coonan’s position. Crown Resorts Appoints New Chair Helen Coonan has been a part of Crown Resorts for nearly ten years. It was January last year when she was […]
Business
August 26, 2021
Ainsworth Game Technology Posted Solid Performance in FY2021
Global gaming products manufacturer Ainsworth Game Technology (AGT) released today its audited earnings report for the fiscal year 2021, ended June 30, 2021, showing a pre-tax loss of AU$59.2 million ($43.2 million). Ainsworth Takes A Loss More than 70% of the reported loss, AU$41.7 million ($30.4 million), was due to one-off non-cash impairment cost of […]
Business
August 18, 2021
Tabcorp’s 8.8% FY2021 Growth Enough to Reverse Losses
Australian gambling group Tabcorp Holdings released its financial year 2021 report, posting 8.8% growth in year-over-year revenue to return to a profit. Impressive Performance with Restricted Operations Tabcorp Holdings registered AU$5.7 billion ($4.16 billion) in revenue for the full year ended June 30, 2021, an increase from the AU$5.2 billion ($3.80 billion) the group generated […]
Sports
August 16, 2021
Tabcorp Plans Using AI to Boost Sports Wagering Operations
Australia’s leading gambling operator, Tabcorp, is reportedly looking at boosting its sports wagering operations with artificial intelligence. The platform which the company has developed offers high-scale possibilities for predicting outcomes of NFL games and providing sports bettors with more elements to wager on. Tabcorp to Use Artificial Intelligence Last month, Australia’s gambling industry leader Tabcorp […]
Legal
August 13, 2021
Gambling Addict Ahmed Hasna Sues Crown Resorts after Losing $3.3 Million
Crown Resorts is in the news again, as gambling addict Ahmed Hasna is suing the casino operator, backed by James Packer, for around $3.3 million (AUD$4.5m). Stephen Maybe, an award-winning journalist and a local government counselor for Melbourne, shared the news about the lawsuit via Twitter on August 10, saying that the suit has the […]
Casino
August 13, 2021
Casino Canberra Halts Operations as COVID-19 Strengthens Grip in Australia
Australia seemed to be managing the COVID-19 pandemic well last year, with the number of reported cases much lower than what was being seen in the rest of the world. However, there has been a spike in the number of people catching the virus over the past several months that has health officials worried. It […]
Industry
August 12, 2021
Sports Gambling Operators in Australia to Support Credit Card Bans
Sportsbooks in Australia have decided to roll with the punches and back up a credit card ban that would bolster the consumer protection framework in the country’s online gambling industry. Sportsbooks in Australia Prepared to Suspend Credit Cards Australia is about to experience a big change in online gambling policies after the country’s leading sportsbooks have […]
Sports
August 9, 2021
Sportsbet Boosts Efforts to Fight Problem Gambling in Australia
Flutter Entertainment’s flagship sports gambling brand in Australia, Sportsbet, announced a new campaign last week designed to champion responsible gambling in the country and address the issue head-on. Sportsbet Vows to Raise Safer Gambling Standards Flutter Entertainment’s brand Sportsbet has vowed to do more in order to safeguard customers from harmful gambling practices. Holding a leadership position […]
Industry
August 5, 2021
ACMA Blocks Advertising Sites That Promote Illegal Gambling
The Australian Communications and Media Authority (ACMA) continues to tighten its measures on illegal betting and has requested ISPs to block affiliate websites that promote and drive users to online gambling sites and services. ACMA Blocks Sites Promoting Online Gambling Services The Australian Communications and Media Authority (ACMA) has announced it would start blocking websites […]
Business
August 4, 2021
Crown Resorts Set to Part Ways with Helen Coonan, Xavier Walsh
The shakeup of personnel in the upper ranks of Crown Resorts in Australia continues. As the casino operator tries everything it can to hang onto its gaming license in the state of Victoria, Crown Melbourne CEO Xavier Walsh is being forced to distance himself from the company. It has also been reported that Crown’s executive […]