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Industry
April 24, 2024
Former Star CEO Cooke Addresses Sydney Casino License Inquiry
The second inquiry into license suitability for The Star Sydney, one of the properties of the leading Australian casino entertainment company, Star Entertainment Group, is currently ongoing. The inquiry into The Star Sydney followed a massive probe into the company’s operations that uncovered a range of deficiencies. As the discussions about The Star Sydney’s license […]
Industry
April 15, 2024
Star Sydney’s Gaming Team Accused of Alleged Records Falsification
Regulatory breaches by one of the largest gaming and entertainment operators in Australia, Star Entertainment Group, tangled the group into prolonged scrutiny. In New South Wales and Queensland, the company was found unsuitable to hold a license, requiring it to make robust changes to its operations. On the path to regulatory compliance, Nicholas Weeks was […]
Industry
April 9, 2024
Christchurch Venue Manager Admits Stealing $110K in Fake Grant Funds
A former sports director and gambling venue manager in Christchurch, New Zealand, is facing nearly 40 charges for allegedly stealing more than NZ$180,000 ($109,300) in gambling grants. The case involves a person with the initials M.C., who reportedly stole $182,761 ($111,000) in class 4 grants. The fraudulent activity, the Department of Internal Affairs (DIA) says, […]
Legal
April 2, 2024
Victoria Court Convicts Manager with Gambling Addiction in Fraud Scheme
In a recent ruling by Australia’s County Court of Victoria, a manager has been sentenced for a series of fraudulent activities spanning over a decade. The individual, whose identity has not been disclosed, was employed at a company providing business management, tax services, and royalty accounting to clients in the music, hospitality, and entertainment sectors. […]
Industry
March 27, 2024
Melbourne Accountant Jailed Over Fraudulent Transactions
A 38-year-old accountant from Melbourne has been sentenced to six years in prison over a total of 239 fraudulent transactions that involved several popular musicians and restaurateurs in Australia. Over $2 Million Transferred From Clients’ Accounts The accountant was a partner and business manager at White Sky when he started transferring money that should have […]
Casino
March 26, 2024
Crown Resorts’ Melbourne Property Fit to Hold License
Two years after Crown Resorts’ Melbourne property came under government review, and following the acquisition by Blackstone Group, the flagship casino has been deemed fit to retain its license and continue to operate, overcoming a difficult regulatory spell that necessitated strict government supervision because of breach of anti-money laundering laws. VGCCC Pleased with Progress and […]
Industry
March 20, 2024
ACMA Continues to Block Illegal Online Gambling Websites
Currently, the Australian Communications and Media Authority (ACMA), the country’s regulatory body in charge of the regulation of communications, radiocommunications and broadcasting, oversees the offering of gambling online. As a proactive measure, the Authority often enforces bans against operators who do not hold an Australian license, asking internet service providers (ISPs) to block access to […]
Industry
March 19, 2024
Significant Reforms Planned for NT Gambling Laws
The growing popularity of online gambling activities resulted in the need for improvements and changes to the existing regulations in a number of countries across the globe. Australia, a country where gambling is identified as a serious public health issue, has identified the need to overhaul its gambling laws. Yet, those crucial changes are in […]
Business
March 14, 2024
Tabcorp Confirms Immediate Resignation of MD and CEO Rytenskild
Earlier this week, Adam Rytenskild, the CEO and managing director (MD) of Tabcorp Holdings Limited (Tabcorp), the largest gambling company in Australia, participated in the Regulating the Game conference in Sydney. At the time, the executive spoke against ineffective regulations that are impacting the gambling industry in the country. In an unexpected turn of events, […]
Industry
March 7, 2024
Australia: NT Government Plans Changes to Gambling Regulations
Currently, gambling is identified as a serious public health issue across Australia. Each month, hundreds of millions of Australian dollars are lost to gambling, making the yearly losses billions. While gambling is widely spread across the country, the government anticipates changes to the vertical that seek to curb problem and excessive gambling and restrict losses […]
