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The Latest in australia
Industry
March 19, 2024
Significant Reforms Planned for NT Gambling Laws
The growing popularity of online gambling activities resulted in the need for improvements and changes to the existing regulations in a number of countries across the globe. Australia, a country where gambling is identified as a serious public health issue, has identified the need to overhaul its gambling laws. Yet, those crucial changes are in […]
Business
March 14, 2024
Tabcorp Confirms Immediate Resignation of MD and CEO Rytenskild
Earlier this week, Adam Rytenskild, the CEO and managing director (MD) of Tabcorp Holdings Limited (Tabcorp), the largest gambling company in Australia, participated in the Regulating the Game conference in Sydney. At the time, the executive spoke against ineffective regulations that are impacting the gambling industry in the country. In an unexpected turn of events, […]
Industry
March 13, 2024
Tabcorp CEO Speaks Out against Ineffective Australian Regulations
Adam Rytenskild, managing director and CEO of Tabcorp, issued a stark warning during his Keynote Address at the Regulating the Game conference in Sydney this week. Rytenskild cautioned that ineffective regulatory intervention could see Australia suffer an influx of gaming brands, exploiting consumers without proper oversight. The Tabcorp CEO has been very vocal regarding his […]
Legal
March 13, 2024
Liquor & Gaming NSW Fines Royal Inn Hotel for Gaming Hour Violations
Liquor & Gaming NSW, the body responsible for regulating gambling in New South Wales, announced that it has handed a fine of AUD 7,540 to a hotel in Newcastle. According to the regulator, the property violated the state’s gambling laws by operating gaming machines outside authorized hours. Liquor & Gaming NSW pointed out that the […]
Sports
March 11, 2024
A-Leagues Brandish Offshore Operator’s Logo in Overseas Broadcasts
The Australian Professional Leagues, which feature teams that had previously vowed to never take money from gambling operators, have digitally injected ads for 8XBet into international broadcasts of A-League games. This has raised some eyebrows considering the operator’s lack of an Australian license and history of operating illegally. 8XBet is not a legal bookmaker in […]
Industry
March 8, 2024
Indigenous MP Accuses the NT Government of Favoring the Gambling Industry
Yingiya Mark Guyula, a Northern Territory indigenous leader and independent MP, has accused the government of allowing iGaming companies to rip off local players. According to him, the government in the Australian region has been ignoring the First Nations’ pleas for a healthier ecosystem. As reported by The Guardian Australia, Guyula slammed online casino companies […]
Industry
March 7, 2024
Australia: NT Government Plans Changes to Gambling Regulations
Currently, gambling is identified as a serious public health issue across Australia. Each month, hundreds of millions of Australian dollars are lost to gambling, making the yearly losses billions. While gambling is widely spread across the country, the government anticipates changes to the vertical that seek to curb problem and excessive gambling and restrict losses […]
Legal
March 7, 2024
AUSTRAC Launches AML Probe into Bet365’s Hillside Brand
The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced that it has commenced an enforcement investigation into bet365’s local brand Hillside. According to the watchdog, the gambling operator may have failed to comply with the country’s Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). The AUSTRAC noted that this investigation follows a supervisory campaign […]
Sports
March 1, 2024
Sports Betting Companies Drift Apart in Australia as Rules Tightening Looms
Ladbrokes and Neds, Entain companies, are said to be leaving the Responsible Wagering Australia (RWA) group in the coming months, as the parent company prefers to operate alone. RWA a United Front or Frenemies Lobbying efforts to stall or placate gung-ho lawmakers have fallen flat with Australia seeking to introduce a blanket ban on gambling […]
Business
February 29, 2024
Ex-Crown Boss James Packer Happy to Leave Stress of Job Behind Him
Packer gave his account of the past few years, speaking for the first time to a media outlet for at least several years, and since increasing scrutiny started into the business he is no longer a part of it. In an exclusive interview for The Nightly, Packer appeared relaxed, and drew some personal and professional […]