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Industry
November 20, 2023
Australia’s Gambling Industry Impacts Politics, Report
Gambling is identified as a public health risk in Australia, considering that hundreds of millions are lost to the activity on a monthly basis. The losses to gambling on a yearly basis are in billions, a warning sign that many people are affected by the activity and may suffer from at-risk or problem gambling. Before […]
Legal
November 17, 2023
Crown Resorts Failed to Pay an Abused Guard’s Legal Fees, Lawsuit Suggests
Australian billionaire and ex-Crown Resorts shareholder James Packer is once again being sued by a security guard whom he allegedly assaulted in 2016. The guard, some 12 years older than the businessman, claimed to have been assaulted after failing to recognize Packer. Now, Packer and his team are allegedly avoiding paying the legal fees stemming […]
Industry
November 14, 2023
Australia: House of Representatives Approves iGaming Credit Card Ban
Australia is proceeding with its plans to prohibit the use of credit cards in online gambling. In a new development, the House of Representatives passed a bill that would introduce a prohibitory measure. The Interactive Gambling Amendment (Credit and Other Measures) Bill 2023 was first introduced in September amid concerns about the worrisome problem gambling […]
Industry
November 13, 2023
Australian Bill Seeks to Make Lobbying More Transparent
Australian crossbenchers are not amused by Michelle Rowland’s birthday launch with gambling lobbyists last November. The launch was revealed by a report, causing immediate backlash and calls for more transparency in Australian politics. As reported by The Guardian, Kooyong MP Monique Ryan took this call a step further and introduced a bill that seeks to […]
Casino
November 6, 2023
Star Entertainment Completes Sale of Grand Mirage Resort Gold Coast
Star Entertainment Group has completed the sale of its Sheraton Grand Mirage Resort Gold Coast property. Announced earlier this year, the sale saw the Australian casino and hospitality giant sell the property for AUD 192 million (roughly $128 million at the time of the announcement). The sale of the property came amid regulatory headwinds that […]
Sports
November 3, 2023
HBA Ensures Global Melbourne Cup Distribution ahead of the Race
Australia braces as the Melbourne Cup looms. The four-day Race that Stops a Nation is set to kick off on November 7, bringing tons of excitement to fans of racing and bettors alike. The $8.4 million feature race is set to take place at Flemington Racecourse and will be presented by 25 broadcasters in 209+ […]
Casino
November 3, 2023
Victorian Clubs Exploit Loophole to Get Tax Cuts
Poker machine properties in Victoria seem to be exploiting the local laws to avoid taxes. As reported by The Guardian, venues have spent $184 million of gambling profits on themselves over the last financial year to get tax cut. The clubs in question justified the money as a “community benefit.” For reference, Victoria allows clubs […]
Casino
November 2, 2023
Crown Melbourne Workers Prepare to Strike
Crown Resorts’ woes continue as Crown Melbourne workers prepare to strike just as the highly anticipated Melbourne Cup looms. The Australian casino and hospitality giant recently encountered regulatory problems and is currently struggling with low visitation rates and taxes. Crown’s workers also aren’t happy with the conditions they are getting. Their current demands include fair […]
Industry
November 1, 2023
Seven Network Disobeys Online Advertising Rules, says ACMA
The probe of the Authority uncovered that Seven West Media’s Seven Network Operations Ltd (Seven) has failed to comply with the country’s gambling advertising regulations. Not the First Breach On December 12, 2022, Seven aired a gambling ad outside the officially established times allowed during live sports broadcasts on its streaming service. The respective ad […]
Business
November 1, 2023
Crown Is Renegotiating Its $1B Tax Guarantee with NSW
Crown Resorts is renegotiating its 1 billion-dollar (AUD) tax guarantee agreement with the New South Wales government. In 2013, the operator promised to pay at least $1 billion in license fees and taxes over the 15 years after the opening of its Sydney property. However, the casino didn’t quite pick up as Crown Resorts had […]
