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Industry
February 5, 2025
Western Australia Tightens Gaming Laws in Effort to Modernize Regulation
Western Australia has moved to tighten its gaming regulations, introducing harsher penalties for violators. The reform seeks to enforce rules that serve as deterrents, preventing entities from committing breaches. Western Australia Modernizes Regulation The Cook Government announced that it has bolstered enforcement powers and penalties in an attempt to keep gambling operators in check and […]
Business
February 5, 2025
BlueBet Acquires TopSport Via Binding Asset Agreement
ASX-listed global online wagering provider and sportsbook BlueBet has officially announced its acquisition of TopSport through a binding asset sale agreement. This news marks a significant move expected to strengthen BlueBet’s position in the Australian wagering market. At the end of August 2024, BlueBet announced its plan to exit the U.S. market and exclusively focus […]
Lottery
February 5, 2025
Aussie Woman Wins $100M Oz Lotto Jackpot, Says She’s Done Working
A New South Wales, Australia resident, was about to fall asleep when she saw she had several missed calls. Her phone rang once again and when she picked it up, she was shocked to realize that she had just won Tuesday night’s Oz Lotto draw for a mind-blowing prize of AU$100 million ($62.8 million). Single […]
Business
February 5, 2025
Blackstone Could Wait for Star to Be Placed Under Administration
Blackstone, a major alternative asset manager with over $1 trillion in assets under management, is reportedly eyeing ASX-listed group that owns and operates The Star Sydney, The Star Gold Coast, and Treasury Brisbane, Star Entertainment. Different Approach Instead of making a regular move, the NYSE-listed company that serves institutional and individual investors and has deep […]
Industry
February 4, 2025
Australia: Gambling and Alcohol Firms Donated $1.5M to Politics
A new report by the Australian Electoral Commission (AEC) revealed that alcohol and gambling companies have spent some AUD 2.5 million on political donations during the 2023-2024 fiscal year alone. This was critiqued by the Foundation for Alcohol Research and Education (FARE) and the Alliance for Gambling Reform (AGR), who said that these efforts jeopardize […]
Industry
January 30, 2025
Australia: Hellenic Club Hit With $1.2M Fine After Gambler’s Suicide
Relatives of a problem gambler who took his own life raised a complaint with the gambling regulator in the Australian Capital Territory (ACT), the ACT Gambling and Racing Commission. Subsequently, the regulatory body enforced a fine of more than a million dollars against an operator who breached the territory’s gambling regulations. Problem Gambler Loses Thousands […]
Industry
January 30, 2025
Drake Breaks Curse, Wins AU$700K at Crown Melbourne
Besides being a world-famous rapper, singer and actor, Drake is also a well-known high-stakes gambler. While some may be wondering if Drake is gambling too much, others are fascinated by his bold wagers, often betting hundreds of thousands of dollars at a time. Now, Drake once again reaffirmed his affinity to gambling. This time, the […]
Business
January 29, 2025
Star Entertainment Divests Non-Core Assets as Search for Liquidity Continues
The Star Entertainment Group announced that it selling non-core assets as the group desperately seeks to secure its financial position. Star Sydney to Divest Its Event Center In a release submitted to the ASX, the Australian casino and hospitality company confirmed that its New South Wales-facing branch, The Star Entertainment Sydney Properties, has secured agreements […]
Industry
January 28, 2025
NSW Bans Gambling Ads from Public Transport and Stations
New South Wales has moved to ban gambling ads on public transport as the Australian state seeks to tackle gambling harm. The country has been struggling with significant addiction rates, prompting calls for reforms and stricter regulation. The Government Wants to Make Gambling Ads Less Prominent Liquor and Gaming NSW confirmed that the Minns Goverment […]
Industry
January 23, 2025
Anti-Gambling Ads Could Help Reduce Addiction Rates
Swansea University, collaborating with the University of Bristol and CQ University, Australia, conducted in-depth research on a potential way to reduce the impact of gambling advertisements, mimicking measures introduced to address similar public health hazards. The study focused on younger gamblers and found that watching an intervention video highlighting the dangers of gambling harm reduced […]
