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Legal
July 26, 2021
Former Baccarat Dealer at Star Sydney Gets 2 Years in Prison over Betting Scam
After participating in a gambling scam last year, a former Star Sydney employee was sentenced to two years’ imprisonment. The baccarat dealer, together with two accomplices, cheated the property out of $368,000 in 2020. Former Baccarat Dealer at the Star Sydney Involved in a Betting Scam A former baccarat dealer, previously employed by the Star […]
Casino
July 26, 2021
Decision on Crown Resorts’ Future in Western Australia to be Delayed
It was initially thought that an ongoing investigation into Crown Resorts’ suitability as a casino operator in Western Australia (WA) would have been wrapping up soon. Then, an extension was given to the investigation as it became clear that the casino operator’s possible derelictions were more extensive than initially thought. As of the end of […]
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 […]
Casino
July 23, 2021
Star Entertainment Shies Away from Crown Resorts Takeover
Star Entertainment is no longer entertaining the idea of a Crown Resorts takeover. On paper dubbed a merger, any action by Star to integrate Crown’s operations into its own would have put the latter’s brass on notice that their days were numbered. However, seeing that Crown continues to face more scrutiny across Australia and may […]
Business
July 21, 2021
Tabcorp Won’t Resist If Credit Cards for Online Gambling Are Banned
Australia’s biggest gambling company, Tabcorp, states that it will not oppose a ban on credit cards as a payment method in Australia. The company also added that this will not present a problem, as long as lottery tickets can still be sold by local newsagents. Speaking on the latest developments, including COVID-19, Tabcorp stated that […]
Blockchain
July 20, 2021
Australian Senate Committee Receives Paper Detailing Bitcoin SV Capabilities
Elas Digital, a software company in the blockchain space, has submitted a report to the Australian Senate detailing the capabilities of Bitcoin SV. The paper was submitted as part of a larger batch of 60 papers from industry reps, including crypto exchange Kraken, banking and insurance firms, regulators, and even Australia’s central bank. Elas argues […]
Business
July 20, 2021
Crown Melbourne Faces Possible License Suspension in Victoria
Crown Resorts may face another massive setback in Australia. The counsel assisting the Royal Commission in Victoria in its investigation of the casino operator thinks it shouldn’t retain its license due to the fact that it breached the Casino Control Act of Victoria. Barrister Adrian Finanzio SC has stated that Crown may not be worthy of […]
Casino
July 12, 2021
Crown Resorts Called Out for Trying to Manipulate Ongoing Investigation
Crown Resorts has tried to play the pity card in Victoria and it didn’t go over very well. The casino operator has already shown its inability to act as a good corporate citizen in New South Wales (NSW) and could be facing similar trouble in Victoria and other states. Perhaps seeing the writing on the […]
Business
July 8, 2021
Crown Resorts Boss Shows Long-Time Dissention in the Ranks
The truth always comes out and Crown Resorts is learning the lesson the hard way. The Australian casino operator, once at the top of the hospitality charts in the country, has slid from grace due to a number of issues that have plagued it over the past several years. It has been accused of tampering […]
Industry
July 6, 2021
Crown Resorts May Face Difficulties This Year, Next Year, Too
In light of the impact of the COVID-19 pandemic, Crown Resorts released a trading and earnings update. The company revealed that it may report an operating loss for 2021, while a further negative financial impact may be observed next year, as well. Crown Resorts May Report Operating Loss for 2021 Fiscal Year Australia-based entertainment company […]