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Industry
August 2, 2023
NSW Gambling Watchdog Reportedly Withholds Documents over ML Probe
In an effort to help reduce money laundering and other financial crimes, the NSW government unveiled a cashless gaming trial for pubs and clubs. The trial seeks to estimate the impact and effectiveness of the cashless gaming technology and determine whether or not it should be implemented as a mandatory requirement for poker machines, also […]
Industry
July 31, 2023
Australia: Accountant Uses Clients’ Money to Fund Gambling Addiction
Gambling addiction can often lead to significant debt and sometimes push some to commit financial crimes. But when money is involved, especially nowadays, it is difficult to conceal such crimes. Now, a new report suggests that a former accountant in Australia used his clients’ money to fuel a gambling addiction, a crime that he is […]
Casino
July 31, 2023
NSW Hails Efforts by Gambling Establishments Ahead of September 1 Ban
The NSW government has confirmed that the proposed ban is going to be complied with fully, and already nearly 50% of all establishments have decided to act preemptively and strip their outward gambling signage. NSW Sees Proposed Gambling Signage Ban Preparations Take Off The measure discussed is a voted proposal by the government which wants […]
Business
July 27, 2023
Spintec and Konami Ink Australia and New Zealand-Facing Deal
Electronic table games specialist Spintec announced a new partnership with Konami Australia. The deal will see the latter company distribute the former company’s products in Australia and New Zealand. Signed on July 6, the agreement marks an important step for Spintec’s growth in these two markets. As one of the largest producers and distributors of […]
Industry
July 27, 2023
ACMA Issues ISP Blocks Against 4 Illegal Gambling Sites
The media watchdog has been taking an active role in the fight against illegal online gambling websites on the territory of Australia – or rather, websites located offshore that have targeted consumers in the country without the necessary licenses. ACMA Continues to Fight Against Unregulated Gambling Sector Poker websites, online casinos, and bookmakers have all […]
Industry
July 25, 2023
New Initiative Seeks to Raise Awareness of Gambling Harm in Queensland
Every month, millions of Australians lose hundreds of millions of dollars to gambling activities such as playing poker machines, also known as pokies, online gambling, as well as keno and lotteries. Residents of Queensland are not safe from excessive gambling and gambling harm, which is why the local government vowed to strengthen its efforts and […]
Legal
July 24, 2023
Australian Federal Court Hits Illegal Gambling Operator with Fine
The Australian Federal Court has ordered a company that was believed to have offered illegal online gambling services, to pay a fine of AU$5 million ($3.4 million). Announcement about the enforcement action came Monday and follows complaints raised by two customers of the online gambling operator. The decision of the Federal Court also comes after […]
Industry
July 17, 2023
Australia: Victoria Introduces Restrictions for EGMs
Widely spread across Australia, gambling represents a serious health concern, considering that hundreds of millions are lost every month to the activity, resulting in losses that surpass billions annually. In Victoria, some AU$7 billion ($4.8 billion) is lost to gambling annually. But besides lost money, excessive gambling brings harm to families and at the same […]
Industry
July 13, 2023
NSW Assembles Panel to Oversee Cashless Gaming Trial
Amid concerns about the growing impact of problem gambling and gambling harm, lawmakers in New South Wales, Australia, vowed to make changes to the gambling sector. That promise became a centerpiece within the election campaigns earlier this year. In line with the promise to improve the regulations and reduce gambling harm, the Labor party, the […]
Casino
July 11, 2023
Crown’s Claim of Financial Hardship Questioned by Federal Court
In a recent development, Federal Court Justice Michael Lee has raised doubts about Crown’s assertion that it cannot afford to pay the AUD450 million ($301 million) fine imposed by AUSTRAC in a single payment. The fine was levied against the casino giant for numerous breaches of anti-money laundering and counter-terrorism laws. Justice Lee Questions Crown’s […]
