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Casino
September 14, 2021
The Star Sydney in New South Wales to Face Crown-Style Scrutiny
If The Star Sydney in New South Wales (NSW) has been playing by the book, its owner, Star Entertainment Group, has nothing to worry about. If the casino hasn’t, though, Star should be more than a little concerned. The casino is about to be scrutinized by Adam Bell SC, the same lawyer who helped take […]
Industry
September 10, 2021
Tabcorp Proposes Additional Restrictions for TV Gambling Ads
Leading Australian gambling operator Tabcorp reportedly proposed additional restrictions for TV gambling ads. The proposal calls for restricting gambling and wagering advertising around live sports events between 6:30 AM and 8:30 PM. Tabcorp urged the Government to consider those measures to protect children, as well as the vulnerable population. The Pandemic Pushes More Gamblers Online […]
Business
September 6, 2021
Crown Resorts Not Opposed to Leasing Properties If License Pulled
Crown Resorts is waiting to learn its fate in Victoria and Western Australia, as authorities in both Australian states consider what actions to take for the company’s history of improprieties. New South Wales (NSW) has already suspended Crown’s license and, if similar decisions are made in the rest of the country, the operator would have […]
Industry
September 1, 2021
ACMA Blocks Five More Gambling Websites Targeting the Australian Market
The global effort to shut down unlicensed and unregistered online gambling sites isn’t stopping, and the Australian Communications and Media Authority (ACMA) is making sure that it does its part. Recently, ACMA blocked five more unauthorized websites that targeted the Australian market. The gambling sites that were shut down are Juicy Stakes, Koala Royal, National […]
Business
August 31, 2021
Illegal Gambling Ads Get TopSport a $43,800 Fine
Australian Merlehan Bookmaking-owned gambling operator TopSport has been caught advertising in violation with the local rules on adverts. As a result, the local regulatory body Liquor and Gaming New South Wales has charged TopSport with a $43,800 fine (AUD$60,000). Breaking the Rules on Gambling Commercials TopSport’s exact transgression breaches section 33H (1) of New South […]
Casino
August 31, 2021
Gambit-Addicted Travel Agent Ruins Business by Stealing $670,000
Annette Roberts, a 58-year-old travel agent for the Travel and Cruise North East company in Wangaratta, has pleaded guilty to stealing over half a million to fund her severe gambling addiction. She used the money from customers who had canceled their vacations instead of refunding them. Fueling a Severe Addiction Roberts was highly addicted, with her playing […]
Casino
August 30, 2021
Crown Decimated VIP Clients to Avoid Further Compliance Probes
A due diligence review of existing customers at an Australian land-based casino operator saw the number of VIP clients being more than decimated. VIP Clients Reviewed Crown Resorts announced it banned from its casinos more than 250 out of around 1,800 local high-rollers, as the high spenders failed to identify the source of their gambling […]
Business
August 27, 2021
Crown Resorts Names Ziggy Switkowski Chairman as Helen Coonan Steps Down
Crown Resorts revealed that Helen Coonan steps down as chairperson today. The company revealed that it hired the services of industry expert Dr. Ziggy Switkowski to fill Coonan’s position. Crown Resorts Appoints New Chair Helen Coonan has been a part of Crown Resorts for nearly ten years. It was January last year when she was […]
Business
August 26, 2021
Ainsworth Game Technology Posted Solid Performance in FY2021
Global gaming products manufacturer Ainsworth Game Technology (AGT) released today its audited earnings report for the fiscal year 2021, ended June 30, 2021, showing a pre-tax loss of AU$59.2 million ($43.2 million). Ainsworth Takes A Loss More than 70% of the reported loss, AU$41.7 million ($30.4 million), was due to one-off non-cash impairment cost of […]
Business
August 18, 2021
Tabcorp’s 8.8% FY2021 Growth Enough to Reverse Losses
Australian gambling group Tabcorp Holdings released its financial year 2021 report, posting 8.8% growth in year-over-year revenue to return to a profit. Impressive Performance with Restricted Operations Tabcorp Holdings registered AU$5.7 billion ($4.16 billion) in revenue for the full year ended June 30, 2021, an increase from the AU$5.2 billion ($3.80 billion) the group generated […]