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Industry
January 17, 2022
AUS: Survey Says 53.5% Of Gamblers Do Not Have a Limit in Place
Gambling is a widely spread activity in Australia. And while some punters choose to occasionally place a bet, others suffer from some form of gambling disorder. The results of a new report prepared for Gambling Research Australia reveal that some gamblers disapprove of the voluntary opt-out for online wagering. More than Half of the Gamblers […]
Casino
January 17, 2022
Crown Resorts Appoints Anne Ward as a Non-Executive Director
Australia’s largest casino and hospitality company, Crown Resorts, has added a new name to its leadership team. Anne Ward will be joining the operator, stepping into the shoes of a non-executive director. Ward Joins Crown Resorts Ward came to power as a director on January 13. It was confirmed that she had passed all approvals […]
Industry
January 14, 2022
AUSTRAC Expands Star Sydney Probe to Gold Coast and Brisbane Casinos
Investigation into Star Entertainment is widening after the Australian Securities Exchange (ASX)– listed company revealed the Australian Transaction Report and Analysis Centre (AUSTRAC) informed the company not only Star Syndey is under scrutiny. Widening the Scope of Investigation The probe launched by AUSTRAC into Star Sydney dealings in June last year is looking for any […]
Business
January 13, 2022
Crown Resorts Warming Up to Blackstone Takeover Offer
Crown Resorts could be closer to having a new owner. After Blackstone improved its previous offer to purchase the Australian casino operator, Crown Resorts has agreed to join takeover negotiations with the US-based investment firm. Blackstone is ready to put US$6.46 billion up for the purchase. Crown Close to Changing Hands Blackstone’s latest bid came […]
Business
January 12, 2022
Everi Buys Atlas Gaming Assets for Toehold in Australian Slot Market
Everi Holdings, a US-based casino and gaming equipment manufacturer, is set to acquire what it has described as strategic assets from Australia-based iGaming developer Atlas Gaming. In doing so, Everi will retain key team members who will help the company with the transition as well as the future running of operations. Atlas Gaming’s Software and […]
Legal
December 23, 2021
VCGL Issues $720,000 Fine to Crown for Working with Junket Operators
Crown Resorts Melbourne is again in the center of a new regulatory action against the company. After facing a possible license suspension in July, the Victorian Commission for Gambling and Liquor Regulation stated on Thursday that it issued a $720,000 (AU$1 million) fine after the operator failed to comply with junket rules. This is the […]
Casino
December 20, 2021
Star Sydney Manager Fired and Banned for Borrowing Money from Employees
The Star Sydney Casino has fired and banned from entry a casino manager who borrowed over $7,000 from fellow employees to fund her gambling addiction. The employee, Minh Nguyen, served as a casino special employee, supervising gaming tables and ensuring the smooth day-to-day operation of gaming activities in the casino. However, she also developed a […]
Casino
December 14, 2021
NSW’s Chief Gambling Regulator Asks for Money Laundering Investigation into Pub Slots
Independent Liquor and Gaming Authority chairman Philip Crawford has recently asked for a complex investigation into the suspicion of money laundering activities unfolding inside non-gaming venues in New South Wales. The alleged money laundering activities would occur through slot machines. Colloquially called the “poker machine capital of Australia”, NSW is currently home to 95,000 pokie […]
Industry
December 14, 2021
Tasmanian Commission Reports Massive Gambling Losses in 2020-2021
The gambling industry in Tasmania keeps facing massive challenges as its losses have skyrocketed. The total lost amount this year increased by nearly half compared to last year, when the country was hit badly by COVID-19. Total Losses Were $18 Million Higher than 2018-2019 During the 2019-2019 season, the total recorded losses were $137.4 million. […]
Business
December 13, 2021
Crown Resorts Ready for Gambling at Crown Sydney as Asset Sale Pondered
Crown Resorts believes it has shown enough remorse to put it back on regulators’ good side in New South Wales (NSW). It announced that it plans to open gaming operations at Crown Sydney by early 2022. Crown Looks to Return to Action Crown provided an operational update today as part of an investor presentation at […]