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Industry
April 5, 2024
Gambling Addict Jailed Over Cocaine Import Attempt
28-year-old gambling addict K.C. who was involved in a failed attempt to import 2.4 tons of cocaine worth around $100 million into Perth, Western Australia (WA) as part of a large-scale drug operation, has received a jail sentence of over 14 years. WA Police Was Tipped Off In January 2023, the Sydney-based player flew to […]
Legal
April 2, 2024
VGCCC Levies $100,000 Fine to MintBet for Code Violations
The Victorian Gambling and Casino Control Commission (VGCCC) announced that it has issued a fine of AUD 100,000 ($65,100) to MintBet, an operator that violated its Responsible Gambling Code of Conduct repeatedly. According to the authority, the online operator allowed the player to sit down for extensive periods of time without intervening. Within a period […]
Legal
April 2, 2024
Victoria Court Convicts Manager with Gambling Addiction in Fraud Scheme
In a recent ruling by Australia’s County Court of Victoria, a manager has been sentenced for a series of fraudulent activities spanning over a decade. The individual, whose identity has not been disclosed, was employed at a company providing business management, tax services, and royalty accounting to clients in the music, hospitality, and entertainment sectors. […]
Sports
April 1, 2024
Self-Regulation of Gambling Ads Falters during AFL Game
In Australia, gambling is identified as a public health issue. The country is known to have the highest losses per capita out of any other in the world, but it is not only pokies that result in losses in millions every month. Sports betting is just as popular and continues to attract many young sports […]
Industry
March 27, 2024
Melbourne Accountant Jailed Over Fraudulent Transactions
A 38-year-old accountant from Melbourne has been sentenced to six years in prison over a total of 239 fraudulent transactions that involved several popular musicians and restaurateurs in Australia. Over $2 Million Transferred From Clients’ Accounts The accountant was a partner and business manager at White Sky when he started transferring money that should have […]
Casino
March 26, 2024
Crown Resorts’ Melbourne Property Fit to Hold License
Two years after Crown Resorts’ Melbourne property came under government review, and following the acquisition by Blackstone Group, the flagship casino has been deemed fit to retain its license and continue to operate, overcoming a difficult regulatory spell that necessitated strict government supervision because of breach of anti-money laundering laws. VGCCC Pleased with Progress and […]
Legal
March 26, 2024
Australia and Curacao Getting Closer to Solution over Illegal Gambling
The regulator has insisted that the Curacao Gaming Control Board (CGCB) must do more to aid ACMA’s efforts to stem the tide of illegal websites that continue to target Australian citizens without serious repercussions. So far, ACMA has blocked more than 950 such websites, prompting many others to leave voluntarily. ACMA More Hopeful about Cracking […]
Sports
March 25, 2024
NRL’s Rabbitohs and Bulldogs Reiterate Stance on Gambling Ads
The New South Wales government announced that the South Sydney Rabbitohs and the Canterbury-Bankstown Bulldogs have extended their partnerships with the Reclaim the Game initiative. As a result, the clubs will continue to promote safer gambling while maintaining a firm stance against betting advertising. Under the agreement, both teams will refrain from displaying betting ads […]
Business
March 22, 2024
Star Entertainment Announces Leadership Changes as NICC Probe Looms
Star Entertainment Group, an Australian gambling giant, is set to undergo another leadership reshuffle. As announced by the operator, Christina Katsibouba, its chief financial officer, is set to exit with immediate effect. More importantly, Robbie Cooke will step down as CEO amid the ongoing license suitability concerns. Katsibouba Departs, O’Connell Joins as Interim CFO Katsibouba’s […]
Business
March 21, 2024
Star’s Special Manager Is Being Paid $1M a Year, Report Says
Nicholas Weeks, the government-appointed special manager of Star Entertainment’s business is being paid almost $1 million a year for his work at the company’s Sydney casino, the Financial Review reported. Considering that Weeks is also responsible for overseeing the group’s casino in Queensland, his salary might be well over what Star CEO Robbie Cooke gets. […]
