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Industry
November 9, 2022
Gambling Doctor who Defrauded Patients Sent to Prison
A court in Victoria sentenced a doctor who had defrauded patients of hundreds of thousands by pretending the funds would go toward treatment for his suffering from cancer father and instead had used the money to finance his gambling habits. Loans from Patients Used for Gambling Abraham Stephanson, 50, from south-west Victoria was given three […]
Casino
November 7, 2022
Crown Resorts Suffers $77M Penalty in Melbourne
The Australian gambling market is a bit of a hot mess right now. Crown Resorts has been struggling with regulatory action across several states and so has The Star Entertainment Group which was served with two show-cause notices in Queensland last week. To add insult to injury, now Crown Melbourne has been hit with a […]
Sports
October 11, 2022
VGCCC to Regulate Betting During the Spring Racing Carnival
With the Spring Racing Carnival just around the corner, Victoria’s Gambling and Casino Control Commission (VGCCC) promised to vigilantly keep watch on bookmakers. The regulator vowed to quickly take action if it identified any breaches. VGCCC to Watch over the Spring Racing Carnival The Spring Racing Carnival is one of the biggest horse racing events […]
Casino
September 7, 2022
VGCCC, AUSTRAC behind AU$4.7m Money Laundering Scheme Bust
A 12-month multi-jurisdictional investigation led to the arrest of three members of an alleged Melbourne money laundering syndicate who organized a scheme involving purchasing winning tickets from electronic gaming machines. Three People Charged The investigation executed by the Australian Federal Police (AFP), in collaboration with AUSTRAC, the Victorian Gambling and Casino Control Commission (VGCCC) and […]
Blockchain
August 31, 2022
Crypto.com Won Legal Battle Following $10.5m Wrongful Payment
A popular cryptocurrentcy trading platform accidentally transferred millions of dollars to an Australian woman and failed to notice the error for seven months. Wrongful Refund Made Someone Millionaire Crypto.com, operating as Foris GFS in Australia, made the error while processing a $100 refund in May 2021 and instead of the refund amount, transferred to Thevamanogari […]
Industry
August 2, 2022
New Rules by Victoria’s Government to Control Crown Melbourne’s Operations
The government of the state of Victoria, Australia, has introduced 12 more recommendations to the parliament through which visitors at Crown Melbourne will have to set gambling limits. These measures were also described by the Andrews government as the strongest measures for any casino. Crown Visitors Will Have an AU$1,000 24-Hour Spending Limit These rules […]
Casino
July 18, 2022
Victoria’s Slot Machines See Gamblers Spend $66B in 30 Years
The Australian state of Victoria’s Alliance for Gambling Reform, a collaborative campaign to reduce gambling harm in the country, calculated that players had lost $66 billion during the past 30 years. The organization used data gathered from the Victorian Gambling and Casino Control and found that Australians currently rank first in average gambling losses at […]
Industry
July 11, 2022
Sky Racing Secures Greyhound Racing Victoria Broadcasting Rights
Greyhound Racing Victoria (GRV) announced a new partnership agreement with Australian broadcaster Sky Racing, extending the outlet’s broadcasting rights by another four years. The Melbourne-based Greyhound Racing Victoria manages 13 tracks and is in charge of regulating the sport in the state of Victoria, Australia. According to GRV, the partnership will help popularize greyhound racing […]
Casino
July 6, 2022
Victoria Passes Harm Minimization Laws for Betting Operators
The government of Victoria is committed to making sure that gamblers will remain protected as lawmakers have passed a new ream of changes to the gambling laws in the state, hoping to minimize harm resulting from participation in online and sports betting activities. Victoria Set on Minimizing Gambling-Related Harm These changes follow an investigation into […]
Legal
July 4, 2022
VGCCC Would Not Let Crown Resorts ‘Off the Hook’ Easily
Crown Resorts is facing a fine of up to AU$100 million ($69 million) for its responsible gambling failures at Crown Melbourne after the state gambling regulator initiated a second round of disciplinary action against the troubled casino operator. ‘Condition of the Casino License’ The Victorian Gambling and Casino Control Commission (VGCCC) announced today it has […]
