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Gambling News - 'Oceania'
Industry
June 1, 2021
AGR Brings Gordon Ramsay as CEO, Sets Goal to Protect Consumers
Gordon Ramsay has become the new CEO of Australia’s Alliance for Gambling Reform, the country’s most prominent organization of responsible gambling. Gordon Ramsay Was the Attorney General of ACT for 19 Years The Board of the Alliance for Gambling Reform, the leading gambling awareness organization in Australia, has found its new CEO. It has appointed […]

Business
June 1, 2021
Entain Puts Pressure on Tabcorp to Make a Deal, but a New Wrinkle Emerges via FOX Bet
Should Tabcorp decide to spin off its gaming and lottery units into stand-alone companies, it’s going to fail. That’s the message Entain has sent to the company in an effort to convince Tabcorp decision-makers to accept its offer to acquire the units. Australia-based Tabcorp has had difficulty shoring up its gaming operations lately, which led […]

Industry
May 31, 2021
News Corp Australia in Talks to Launch Standalone Betting Brand
A weekend report in The Sydney Morning Herald claims News Corp Australia is in advanced negotiations to launch a new sports betting brand and reshuffle player positions in the local gaming market. Talking on Two Fronts Industry sources, which remained unnamed by the media due to the confidential nature of the talks, stated that the […]

Business
May 28, 2021
The Battle for Tabcorp heats up as BetMakers Decides to Join in the Race
Tabcorp has suddenly become very popular in Australia, but not with gamblers. The company has fallen on hard times because of COVID-19 and Apollo Global Management and Entain had started a bidding war to try to convince it to sell its gaming assets. A third company has now joined as BetMakers Technology Group Ltd has […]

Casino
May 26, 2021
Crown Resorts Brass Prove to Be Adept at Creating Smoke Screens
The bigger they are, the harder they fall, and Crown Resorts is likely on the verge of a major collapse. Once Australia’s leading casino operator, the company has been embroiled in one controversy after another for the past several years until regulators finally decided that enough was enough. However, despite the international heat coming down […]

Industry
May 25, 2021
Australia Could Ban Credit Cards for Online Gambling
The Australian parliament considers banning credit cards or “digital wallets” for gamblers, aiming to set online wagering in line with land-based gambling. Parliament Aims to Protect Gamblers by Banning Credit Cards Gamblers are not permitted to use Australian credit cards in land-based casinos and lounges. They are not allowed to take cash advances from nearby […]

Business
May 17, 2021
Aristocrat Upgrades First Half FY 2021 Performance
Australian slot machine manufacturer Aristocrat Leisure announced in a filing to the Australian Securities Exchange (ASX) today its six month financial performance ended March 31, 2021 was upgraded. Significant Improvements Year-Over-Year Subject to final external auditor review and approval from the Board of Directors, Aristocrat accounted for the period normalized earnings before interest, tax, depreciation […]

Casino
May 17, 2021
Australia: Post-COVID Lockdown Gambling Losses Surge
The COVID-19 lockdown last year temporarily stopped the gambling losses in Australia. However, once the venues reopened, gambling losses have been on the rise and gamblers are now losing more than ever. Post-lockdown Gambling Losses in Australia Continue to Increase The COVID-19-related lockdown in Australia closed many businesses last year, including gambling venues. From April […]

Casino
May 17, 2021
Crown Resorts Might Be Seriously Considering Merger with Star Entertainment
It appears that The Blackstone Group is going to have to head back to the boardroom if it wants to make a play for Crown Resorts. After Star Entertainment Group stepped in with a proposal that would see Crown and Star merge, Blackstone tried to sweeten the pot, but it apparently isn’t enough. Crown’s board […]

Legal
May 13, 2021
Crown Resorts Looks to Appease Regulators by Eliminating Junkets and Cash
Crown Resorts knows that its livelihood and future as they currently stand are on the ropes. As the casino operator faces increased scrutiny over its operational integrity across Australia, it has to know that its fate has likely already been sealed. However, as it looks to stave off any further damage or public relations nightmares, […]
