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Casino
March 17, 2023
Western Australia Wants to See Betting and Time Limits at Crown Perth
In a report by Asgam, the Royal Commission has deemed it appropriate to put forward for discussion a ream of proposals that would make Crown Perth more secure and less likely to commit offenses in the future. Royal Commission Takes Good Look at EGMs Among those recommendations is a suggestion to put a mandatory AU$10 […]
Casino
March 17, 2023
AFL Boss Heeds Concerns about Oversaturation of Gambling Content
This concern has finally made it to the very top of the organizaiton, with the AFL chief executive, Gillon McLachlan, acknowledging that there seem to be too many gambling ads currently permeating the sport. AFL Boss Suggests Organization Doubling Down on Gambling Restrictions His remarks come at a time when there has been growing opposition […]
Business
March 16, 2023
Light & Wonder Mulls Second Listing in Australia
The company could take its shares to the Australian Securities Exchange (ASX) as it debates raising additional capital and signal strength to investors globally. This is not the first time the news that Light & Wonder may be considering launching a secondary listing has surfaced. Light & Wonder Considers Creating More Shareholder Value Back in […]
Sports
March 15, 2023
Court Grants Tabcorp Access to Entain-NSW AHA Commercial Deal Documents
The deal in question was signed between Entain and NSW Australian Hotels Association (NSW AHA) and it was revealed as a commercial agreement that would allow the two companies to promote Entain Australia’s digital wagering brands – Ladbrokes and Neds – on-site state pubs and clubs. Commercial Partnership Between Entain and NSW AHA Challenged At […]
Casino
March 13, 2023
NSW Minister Slams ClubsNSW for Thwarting Poker Machine Reforms
ABC reported that Victor Dominello, a senior Liberal minister from New South Wales, has spoken out about the power and impact of ClubsNSW, an influential gambling lobby group that he claims forced him out of his portfolio. Dominello Slams ClubsNSW as the ‘Gun Lobby’ of Australia’s Gambling Industry In an interview for ABC’s Four Corners, […]
Industry
March 8, 2023
Australia Forms Second AML Unit to Tackle Gambling Crime
The new unit will be tasked with combating what the regulator sees as an increasing threat of money laundering that comes from gambling operators. Even industry insiders have agreed that anti-money laundering is a significant risk to their businesses, with Crown Resorts and Star Entertainment investing heavily in improving their AML and KYC practices lest […]
Casino
March 6, 2023
IAG: Victorian Regulator Prepares for Worst Case Scenario in Crown Melbourne Saga
Crown Melbourne the Victoria-based property, which is currently under a special supervision regime, is expected to be restored to full operations early next year. Before this happens, however, the Victorian Gambling and Casino Control Commission would have to decide on the operator’s suitability first. VGCCC Prepares for Transition-out Plan Should Crown Melbourne fail, though, the […]
Business
March 3, 2023
BlueBet Strives for Positive Cash Flow After Disappointing H1 Results
BlueBet, a mobile-first online wagering provider based in Australia, has announced its half-year financial results for the six months which ended on December 31, 2022, (H1 FY23). BlueBet Posts Negative EBITDA and Profit After Tax BlueBet’s turnover increased by 6.1% to AUD280.5 million ($189.3 million) in H1 FY23, with strong growth in sports and mobile. […]
Legal
March 2, 2023
Star Entertainment Group Provides $101M for Fines and Penalties
As a result, the Australian Securities and Investments Commission (ASIC) has prompted The Star to provide for fines and penalties of AUD 150 million ($101 million) in its financial report for the half-year which ended on December 31, 2022. Star Entertainment Could Be Slapped with Fines of up to $1B As part of its financial […]
Business
March 1, 2023
Konami Licenses Facial Recognition Technology to Independent Gaming
This agreement comes at a pivotal time for Independent Gaming, as the company operates in a market that is increasingly talking about the incorporation of facial recognition technology to protect consumers and help tackle problem gambling and money laundering across Australia. Facial Recognition Arrives at Australian Manufacturers The solution was first introduced at the G2E […]
