Legal
August 31, 2022
NSW Government Appointed Independent Casino Commission Members
The New South Wales (NSW) government announced in a public release on Tuesday it has appointed five new members to the State’s Independent Casino Commission ahead of the body’s commencement next week. Chief Commissioner and Members The Minister for Hospitality and Racing Kevin Anderson chose the current chairperson of the Independent Liquor and Gaming Authority […]
Legal
June 6, 2022
NSW Proposing Regulatory Amendments Ahead of Statutory Review
Two key gambling regulations in New South Wales (NSW) are about to expire in September and the Independent Liquor and Gaming Authority (ILGA) is proposing new versions to the industry and the public for comment. In Line with Industry and Public Expectations The two regulations, the Betting and Racing Regulation and Totalizator Regulation, deal with […]
Legal
July 23, 2021
Unibet Fined $36,000 for Offering Gambling Inducements in NSW
Unibet, the online betting and gaming brand of Kindred Group, was found in breach of gambling laws in New South Wales (NSW) in Australia and was handed a fine of AU$48,000 ($36,000). Offering Enhanced Odds The NSW Independent Liquor & Gaming Authority (ILGA) investigated three occasions in which advertisements promoting inducements to participate in gambling […]
Legal
February 9, 2021
Crown Resorts Found Unsuitable to Hold NSW Casino License
Crown Resorts were dealt a significant blow to their business plans after the final report from the New South Wales (NSW) inquiry found the casino operator unsuitable to hold a casino license for its new AU$2.2 billion resort in Barangaroo near Sydney. Unsuitable for Casino License The damning verdict of the report submitted Tuesday afternoon […]
Casino
January 3, 2021
Packer Allegedly Meets with Adelson, Fuels Crown Sale Rumor
An encounter in the French Caribbean further fueled speculation Crown Resorts’ major shareholder James Packer is looking for the way out of the company, seeking to cash in on his 36% stake in the casino and hospitality operator. Multi-Million Yachts Docked Beside Each Other James Packer celebrated New Year’s Eve on board of his $200 […]
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 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
November 20, 2020
Crown Proposes “Working Test” Instead of Casino Opening Delay
Crown is desperate to salvage the opening of its AU$2.2 billion casino in Barangaroo near Sydney after the New South Wales (NSW) regulator asked the operator to delay the casino opening until the final inquiry report is submitted. Working Test to Save the Day In a last ditch attempt, Crown proposed to open the casino […]
Casino
November 18, 2020
Crown Casino Would Not Open before Final Inquiry Report
Crown’s scheduled opening for its newly-built AU$2.2 billion casino resort in Barangaroo near Sydney will be delayed, after the New South Wales (NSW) regulator officially asked the casino operator to postpone the opening until February at least. Casino Opening Delayed The Independent Liquor and Gaming Authority (ILGA) requested the casino operator to delay the reopening […]