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Legal
March 7, 2024
AUSTRAC Launches AML Probe into Bet365’s Hillside Brand
The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced that it has commenced an enforcement investigation into bet365’s local brand Hillside. According to the watchdog, the gambling operator may have failed to comply with the country’s Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). The AUSTRAC noted that this investigation follows a supervisory campaign […]
Sports
March 1, 2024
Sports Betting Companies Drift Apart in Australia as Rules Tightening Looms
Ladbrokes and Neds, Entain companies, are said to be leaving the Responsible Wagering Australia (RWA) group in the coming months, as the parent company prefers to operate alone. RWA a United Front or Frenemies Lobbying efforts to stall or placate gung-ho lawmakers have fallen flat with Australia seeking to introduce a blanket ban on gambling […]
Business
February 29, 2024
Ex-Crown Boss James Packer Happy to Leave Stress of Job Behind Him
Packer gave his account of the past few years, speaking for the first time to a media outlet for at least several years, and since increasing scrutiny started into the business he is no longer a part of it. In an exclusive interview for The Nightly, Packer appeared relaxed, and drew some personal and professional […]
Business
February 29, 2024
Aristocrat Taps Company Veteran Matthew Primmer as CPO
Aristocrat Leisure Ltd has appointed Matthew Primmer as the company’s new Chief Product Officer. A well-seasoned industry veteran, Primmer will work with and report directly to Aristocrat CEO & managing director Trevor Croker. Aristocrat Trusts Its Senior People to Guide the Company Primmer’s appointment will see him help boost product strategy, develop new avenues for […]
Sports
February 28, 2024
Loophole Enables Australian EPL Fans to See Banned Ads
Australia’s Interactive Gambling Act strictly forbids offshore gambling companies from offering bets and advertising their services to residents. However, there is a loophole. The Act exempts “accidental or incidental accompaniment to the publication of other matter” from these prohibitions. In other words, if a gambling ad is accidental or if it accompanies content that is […]
Business
February 26, 2024
PointsBet Posts H1 Results, Records Sharp Net Loss Decrease
PointsBet, which recently posted its Q2 results, has officially posted its H1 results, reporting a significant net loss decrease. The improved results were attributed to the recent sale of PointsBet’s US business to Fanatics Betting and Gaming. As PointsBet continued its business in Australia and Canada, it recorded statutory revenue of AUD 117.9 million ($77.2 […]
Business
February 26, 2024
PointsBet to Welcome Lucas as CTO, Part Ways with Bowskill
PointsBet, a major sports betting operator, has enhanced its tech team with the addition of Daniel Lucas as chief technology officer. As someone who has previously served Flutter Entertainment, the new appointee will be a valuable addition to the PointsBet C-suite. PointsBet described Lucas as a seasoned veteran with years of experience and an impressive […]
Business
February 22, 2024
Tabcorp Gains Market Share despite Dip in Revenue for 1H24
Tabcorp, the leading Australian betting giant, released its latest trading update, uncovering insights regarding its performance for the six months ended December 31, 2023. The period, recognized by the company as 1H24, indicated a decrease in revenue and group EBITDA, but highlighted an improving market share trend, pointing to expected strong growth in the near […]
Casino
February 19, 2024
Star Entertainment Formalizes NSW Jobs Guarantee, Cashless Gaming Trial
The Star Entertainment Group announced that it has formalized the previously announced aspects of the arrangements agreed in principle with the NSW Treasurer, Daniel Mookhey, securing the company’s jobs commitment and cashless trial. In line with the initial agreement from August 11, 2023, The Star entered into a Jobs Guarantee Agreement with the state of […]
Industry
February 19, 2024
The Star Entertainment Faces Bell Two Investigation
The Star Entertainment Group, Australia’s iconic ASX-listed group that owns and operates The Star Sydney, The Star Gold Coast, and Treasury Brisbane has announced it faces a second inquiry into its suitability to hold on to a casino license. At the moment, the group has six critical months to prove that it is capable of […]
