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Sports
September 20, 2024
Tabcorp Announces Chairman Akhurst’s Departure Amid Financial Struggles
Tabcorp Holdings has made it known that Bruce Akhurst, its chairman, will leave his position after the company’s Annual General Meeting in October 2024. Akhurst has been the chairman since Tabcorp split from The Lottery Corporation in 2021. Tabcorp Reports Huge Net Loss and 57% Drop in Stock Price Akhurst’s exit comes after a tough […]
Industry
September 16, 2024
Australia’s Annual Losses to Gambling Grow, Hit AU$32bn
Despite concerns about the detrimental impact of gambling activities on people across Australia, significant changes to the sector are still being discussed. Last year, a report into the country’s gambling sector made nearly three dozen recommendations that can help reduce problem gambling and harm, while decreasing the billions of Australian dollars lost to gambling every […]
Casino
September 13, 2024
Star Entertainment Faces Pressure to Address Major Compliance Failures
Star Entertainment Group is under heavy pressure from regulators about its main Sydney casino. The New South Wales Independent Casino Commission (NICC) has given the company 14 days to come up with a plan, reported Bloomberg. This plan needs to show how Star will fix its money and operational problems. This comes after a harsh […]
Lottery
September 10, 2024
NSW Lottery Player Buys a Ticket Out of the Blue, Wins AU$2.5M
An incredibly fortunate player from New South Wales, Australia will purchase a brand-new car for his parents after scoring a multi-million-dollar win from Saturday Lotto. The man, whose name was not disclosed, visited the lottery headquarters to claim his prize recently. Saturday Lotto Draw 4499 Produces a Total of Eight Winning Entries The win came […]
Casino
September 10, 2024
The Star Sells Iconic Treasury Building Amid Financial Struggles
The Star Entertainment Group has sold its leasehold interest in Brisbane’s historic Treasury Building to Griffith University. This AUD67.5 million ($45 million) agreement signals a big change for The Star and the university. The casino company aims to raise much-needed money, while Griffith University plans to turn the landmark into a major place of learning. […]
Industry
September 6, 2024
Australians Reluctant to Roll in Cashless Gaming Trial
Australians are said to be losing calamitous amounts on poker machines, and something clearly should be done. No one can quite put their finger on what that something looks like, but a barrage of responsible gambling measures has been launched. Cashless Gambling Trial Fumbled in Australia Some, such as a national self-exclusion program and a […]
Industry
September 4, 2024
Labor to Ban TV Gambling Ads In 2 Years and Place Immediate Online Ad Ban
According to Sky News, Australia’s government is busy working on important gambling reforms as Labor is trying to handle the current oversaturation of gambling ads. TV Ads Could Be Halted Within Two Years For starters, TV gambling ads would be slapped with a ban within two years. Secondly, online gambling ads would be banned almost […]
Lottery
September 3, 2024
Aussie Lottery Player Wins AU$2.5M, Plans European Getaway
Winning the lottery provides unique excitement and many opportunities for the lucky few. One lottery player from Sydney’s suburb, Ryde, in New South Wales, Australia, is planning an exciting trip to Europe after winning more than a million dollars over the weekend. The lucky player, whose name was not disclosed, scored one out of a […]
Business
August 27, 2024
Crown Resorts CEO Carruthers to Step Down in September
After a transformative period that helped ensure regulatory compliance for Crown Resorts, the company’s CEO, Ciaran Carruthers, will step down from his role. On Monday, the leading gaming and hospitality operator confirmed that its CEO will step down from his role effective from September 1. While Carruthers will remain a part of Crown Resorts, he […]
Industry
August 26, 2024
ACMA Warns 10 Play over Breaches of Gambling Ad Rules
Amid government plans to overhaul the gambling regulations in Australia, the Australian Communications and Media Authority (ACMA), the regulator in charge of advertisements and communications, announced it issued a warning against a streaming service provider that breached the established rules related to gambling ads. Per the current rules, online content providers must not show gambling […]
