Casino
December 28, 2020
Crown Resorts Introduces New Transfer Funds Requirements
Crown Resorts is desperately seeking to improve its compliance ahead of an urgent review of its casino license in Victoria by the state government. The casino operator announced new requirements related to transfers of money to its properties in Melbourne and Perth. Money Transfers Only from Personal Bank Accounts According to the new measure aimed […]
Casino
December 28, 2020
Crown Resorts Sydney Hotel Opens Doors, Casino Stays Shut
The newest Crown Resorts property in Sydney, Australia, opened its doors today. Although visitors can enjoy the hotel, multiple restaurants and bars, the property’s casino remains closed for the moment. Crown’s Property in Sydney Opens Doors without Its Casino Crown Resorts’ newest venue located in Sydney, Australia opened its doors for visitors today. Although the […]
Industry
December 18, 2020
NT Problem Gamblers Doubled in Numbers between 2015 and 2018
Problem gambling has become an issue in the Northern Territory (NT), a survey 2018 revealed, yet its findings were not made public only until recently when the Government backtracked on its refusal to release the report. Taxpayer-Funded Survey In 2018, the Menzies School of Health Research produced the Gambling Prevalence and Wellbeing Survey, having received […]
Sports
December 18, 2020
Gambler’s Dinner with AFL Stars Raised Integrity Issues
Sports integrity is center stage issue in Australia after two Australian Football League (AFL) stars engaged in suspicious behavior with a person known for his gambling habits and former business connections. Punter Meets AFL Stars Eddie Hayson, a prominent gambler and former brothel owner, met at a restaurant table in Sydney with two of the […]
Casino
December 16, 2020
Crown Sydney Non-Gaming Allowed to Open December 28
Crown Resorts was allowed to open its new AU$2.2 billion casino resort in Barangaroo near Sydney, albeit for its non-gaming operations, after the gaming regulator in New South Wales (NSW) issued an interim liquor license for the property. The Independent Liquor and Gaming Authority (ILGA) granted a license for the Crown Sydney hotel, bars and […]
Casino
December 14, 2020
AUSTRAC Identified Serious Risks Related to Junket Operations
Australian financial crime watchdog AUSTRAC uncovered a number of criminal activities related to casino junket operators which are being targeted by organized crime and foreign spies to facilitate dirty cash flows through the casinos, as well as make political donations. “Some junket tour operations have been exploited, and in some instances infiltrated, by serious and […]
Legal
December 14, 2020
Crown Faces Class Action Lawsuit Requesting Share Buyback
Australian casino operator Crown Resorts is in all sorts of trouble recently, the latest being a class action lawsuit, a local media reports. Maurice Blackburn Lawyers filed a new class action against the gambling company alleging its failures in corporate governance and risk management caused damage to investors as the share price sank more than […]
Casino
December 13, 2020
Two Employees at Star Casino Dismissed and Banned over Misconduct
The Star casino in Sydney, Australia dismissed two casino special employees over misconduct. Consequently, the NSW Liquor and Gaming Authority banned the two employees for 5 years. Two Employees Dismissed by the Star Casino Two employees of the Star Casino in Sydney, Australia were dismissed and banned over misconduct. After the Star dismissed the employees […]
Sports
December 9, 2020
Sportradar Signs with NBL for Broadcasting and Integrity Services
World-leading provider of sports data Sportradar entered into a multi-year partnership with Hungry Jack’s National Basketball League (NBL) in Australia, to become the international media distributor and OTT partner for the league, the company announced in a special media release today. Broadcasting Live NBL Matches Under the terms of the deal, Sportradar will have the […]
Legal
December 7, 2020
AUSTRAC Says Casinos Responsible for Overseeing Junket Operators
AUSTRAC’s CEO, Nicole Rose, has said that the regulatory onus is on individual casinos to ensure that junket operators do not pose risk to AML compliance. Australian Financial Fraud Squad Says Casinos Must Regulate Junkets ‘Do not pass business responsibility onto regulators,’ this is the unambiguous message Nicole Rose, head of Australia’s financial fraud squad […]