The Australian Communications and Media Authority (ACMA) is not slowing down in restricting access to offshore gambling in the country, an industry that has been thriving for years before ACMA decided to take action a few years back. ACMA has requested from internet service providers (ISPs) to suspend access to five new offshore websites, including Fight Club, Kim Vegas, […]
Certain Crown Resorts executives aren’t feeling a lot of love from company shareholders. The embattled casino operator, once Australia’s gambling darling, is on the verge of losing it all in the country and shareholders expect the company’s leaders to feel the sting. A vote today could have authorized millions of dollars in bonus cash, but […]
Top Australian sports betting operator TAB has scored an important partnership that will see it in the position of the National Basketball Association’s official local betting partner. The deal will see the two betting partners collaborate and bring exciting wagering offerings to Australian sports bettors. TAB Becomes NBA’s Official Betting Partner The deal covers the […]
Law firms Maurice Blackburn and Slater and Gordon announced they are preparing to launch class action lawsuits against The Star Entertainment Group following revelations that the casino operator’s board of directors ignored serious operational risk warnings. Star Stock Plummets Both law firms are preparing to launch class-action lawsuits on behalf of Star’s investors, who saw […]
Australia-based casino and resort Crown Melbourne will be putting efforts in refilling the human resources in Victoria’s hospitality industry. The resort will solve the manpower shortage by training as many as 1,000 new hospitality workers. Crown Melbourne’s Training Program This move is set to jumpstart the local industry once again as it has suffered a […]
An ABC News investigation into political payments between 1998-99 and 2019-20 in Australia revealed gambling-related entities made over AU$80 million ($59.2 million) in political contributions. The Investigation The media’s investigation, based on data from the Australian Electoral Commission (AEC) Transparency Register, where financial dealings of political parties, candidates and others who participate in the federal […]
Australia has seen a sharp rise in online gambling in the last few years. According to a study funded by Gambling Research Australia, the number of people who wager online, either enthusiasts or casual bettors, has doubled up between 2010 and 2019. Online Gamblers’ Numbers Double Up The study results are based on over 15,000 […]
The National Rugby League (NRL) will explore its options in the United States, seeking to cash in on the strong momentum of sports betting legalization in the country. The league, which is the primary rugby competition in Australia and New Zealand, will be attempting to leverage its popularity overseas. Building NRL’s Momentum in the US […]
Star Entertainment might be looking to make a deal for its Star Sydney casino. Sale-leaseback arrangements have become hugely popular in the casino industry around the globe, and the Australian casino operator is reportedly considering a deal that would make investment management firm Blackstone very happy. It doesn’t, however, sit very well with Star’s investors. […]
It’s beginning to look like Crown Resorts isn’t the only casino operator in Australia to be in trouble with lawmakers and regulators. Crown and its willingness to circumvent globally-established money-laundering rules while allegedly allowing criminals to gamble at its casinos has caused a domino effect that could bring down Star Entertainment, as well. If Star […]
