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Industry
October 3, 2023
The Lottery Corporation Calls for Exemption from Credit Card Gambling Ban
Australian operator The Lottery Corporation has requested to be omitted from the upcoming gambling reform. Regulatory changes will prevent bettors from using credit cards for gambling, significantly changing the country’s gaming landscape. The company argues that lotteries have a low harm profile, insisting lottery tickets and scratch cards should be exempt from the Interactive Gambling […]
Industry
October 3, 2023
Concerns Rise over Gambling Exposure of Children in Australia
Gambling is identified as a serious public health problem in Australia. Known as the world’s biggest losers, Australians lose hundreds of millions of dollars every month, making the annual losses upwards of billions. While a major part of the population of the country spends hundreds, if not thousands of dollars on gambling each month, a […]
Industry
September 29, 2023
Tabcorp Slapped with a New Fine, This Time in NSW
Australia’s largest gambling company, Tabcorp, has received a fine of almost $10,000 (converted to USD from AUD 15,000) for its recent violation of New South Wales’ advertising rules. According to Liquor & Gaming NSW, the gambling company induced visitors of its website to gamble. The advert was visible to anyone who visited Tabcorp’s website, regardless […]
Industry
September 29, 2023
Australia Introduces New ID Requirements for Online Gamblers
Australia’s new ID laws will require bettors to present their ID cards before being able to play online. The new measure replaces the previous system where bettors had a 72-hour window to prove their identity. Unlike before, gamblers will now be unable to place any bets or make deposits before showing their identity card. According […]
Sports
September 29, 2023
Betr to Pay Out Millions If Penrith Panthers Win NRL Grand Final
A lucrative promotion offered by the leading online bookmaker, Betr, may result in the largest payout for a single sports event in the history of Australian wagering. Nearly one year ago, the bookmaker released a special 100-1 odds promotion with a wager cap of AU$10 ($6,50) for a handful of sports competitions. Considering the odds, […]
Legal
September 26, 2023
Australia Pushes Age Classification for Gambling Games and Loot Boxes
Loot boxes are a part of many popular modern video games. The feature offers an activity that is similar to a game of chance where players can open, unlock or break a loot box and receive a random prize. Australia is the latest country to implement changes related to loot boxes as a part of […]
Industry
September 25, 2023
NSW Prepares to Test Cashless Gaming, Invites Companies to Participate in the Trial
Liquor & Gaming New South Wales announced that it will be responsible for overseeing the upcoming cashless gaming technology trial in the Australian state and invited industry bodies to participate. Hosted by The Independent Panel on Gaming Reform, the trial will explore the potential of cashless systems to change gambling in NSW. According to the […]
Business
September 25, 2023
The Star Entertainment Group to Raise $770,000 to Cover Existing Debts
The Star Entertainment Group, an Australian casino and hospitality company, continues to encounter financial trouble following its recent regulatory hurdles. Amid these difficulties, the company unveiled its plans to raise AUD 1.2 billion (around $770,000) to reinforce its business and deal with existing debts. As outlined in an ASX announcement, Star Entertainment will use a […]
Industry
September 22, 2023
Ex-financial Advisor Goes to Prison over Stealing Money to Gamble
A 42-year-old former financial advisor from Perth, Australia, was sentenced Friday over stealing money from his clients to fund a gambling addiction. Mark Raymond Sebo was arrested back in November 2022 and pleaded not guilty to 36 charges of stealing money from at least eight individuals or couples. Sebo was sentenced to five years in […]
Sports
September 22, 2023
TikTok Faces Backlash as It Bans and Reinstates Video Criticizing Gambling Ads
Social media giant TikTok recently came under fire for removing a video that criticized the proliferation of gambling advertisements on broadcast television. The video, uploaded by Kate Susabu, highlighted the struggles of her grandfather with gambling addiction and called for a halt to advertising money from gambling companies flowing into the broadcasting industry. Kate Susabu’s […]
