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Industry
June 6, 2022
Queensland Changes Gambling Taxes to Support Racing
The Australian state of Queensland will introduce a significant increase to the taxes that corporate sports betting companies pay. This was announced by the state government today. Queensland Levels the Playing Field Queensland’s vision is to change how racing is funded. To that end, a new 5% racing levy will be introduced. This adds to […]
Casino
June 2, 2022
Star in Hot Water over Criminal, Casino, Corporate Law Breach Allegations
Further accusations of illegal behavior leave Star in a difficult position, as serious breaches of multiple laws surface on the second day of SC Naomi Sharp’s submissions. Second Day of Hearings, Three More Laws Allegedly Breached Star Entertainment is under further scrutiny on the second day of Naomi Sharp SC closing submissions at the Bell […]
Business
June 1, 2022
PointsBet Unveils Multiple Leadership Level Changes
PointsBet, the Australian-based sports betting and gaming operator, announced strategic changes to its global leadership team today. The Company Appoints New Group CTO As a part of the changes, Manjit Gombra-Singh, who served as the company’s executive director since October 2020, will hold a non-executive director role, effective as of June 1, 2022. It was […]
Casino
June 1, 2022
Crown Resorts Financial Profile to Remain Fairly Intact by VGCCC Penalty
The close-to-$60 million (AU$80 million) fine that was slapped on Crown Melbourne in Australia is not very likely to have an immediate negative bearing on the property’s financial results. Following the issuance of the penalty by the Victorian Gambling and Casino Control Commission or VGCCC for its acronym, credit rating agency Fitch looked into the […]
Industry
May 31, 2022
Tabcorp Announces Senior Management Team Changes
Tabcorp has announced several senior management team changes ahead of its demerger in which its lottery operations will be separated from gaming, wagering and media services. All of the changes were set out in the Demerger Booklet and the demerger is expected to finalize on June 1. Some Employees Will Be Transferred to The Lottery […]
Casino
May 31, 2022
Inquiry into Sydney Star Says “Not Fit” to Hold Casino License in Sydney
The Star Entertainment Group is on choppy seas with the ongoing regulatory review and despite its best efforts, the inquiry says that Star’s Sydney casino is “not fit” to hold a license. “Not Fit” for License, What Does It Mean The New South Wales Independent Liquor & Gaming Authority (ILGA) requested an inquiry into The […]
Legal
May 30, 2022
Crown Melbourne Fined $57.4M USD By VGCCC
The Crown Melbourne drama has come to an end as the Victorian Gambling and Casino Control Commission (VGCCC) fined the operator AU$80 million ($57.4 million USD) over the China Union Pay bank card scandal. Crown Melbourne breached the Casino Control Act of 1991 and was under a lot of scrutiny in the recent period. Crown […]
Casino
May 27, 2022
Australian Defense Force Vets Plagued Silently by Problem Gambling
Problem gambling can affect anyone and some people are at higher risk to develop that behavior. Australia’s Defense Force veterans are no exception, and the problem is exacerbated by how military service increases psychological stress. Stats from the Study A new study published May 25, 2022, on PLOS ONE, sheds light on how ex-military personnel […]
Legal
May 26, 2022
Queensland to Reform Gambling Laws amid Star Inquiry
Queensland plans to introduce new gambling laws instead of launching inquiries against operators, the government announced. This comes amid ongoing action against Star Entertainment in other Australian states. Queensland Plans to Introduce New Laws In the wake of the recent inquiries against Star Entertainment Group and Crown Resorts, Queensland realized that it needs to introduce […]
Industry
May 26, 2022
ACMA Announces 9 More Blocked Gambling Websites
The Australian Communications and Media Authority or ACMA continues to clamp down on unregulated gambling in the country. It’s one of the most ambitious global moves to suspend illegal operations and while nobody thought it would work, ACMA has hit some of the biggest casino and affiliate websites. A further nine such websites have been […]
