Legal
March 22, 2022
The Saga around Star Entertainment Allegations for AML Breaches Continues
Difficult times have come upon the Star Entertainment Group in light of the allegations of anti-money laundering (AML) failures as well as foreign interference and large-scale fraud. During a hearing on Tuesday, Paul McWilliams, Star’s former chief risk officer, revealed details on how the 2018 KPMG report was received. The audit report alleged that the […]
Legal
March 18, 2022
ACCC Accuses Meta of False, Misleading and Deceptive Conduct
More dark clouds are gathering above Meta as the competition and consumer watchdog in Australia is taking the social media giant to court for endorsing scam celebrity crypto ads. Meta Stands to Gain Financially The Australian Competition and Consumer Commission (ACCC) pointed the finger at Meta Platforms, formerly known as Facebook, in an announcement today, […]
Casino
March 18, 2022
The Star Sydney Misled NAB over $664.2 Million in Suspicious Transactions
The drama surrounding the Star Sydney in New South Wales keeps uncovering new details over the resort’s offenses. At a public hearing set by the Independent Liquor & Gaming Authority of New South Wales, it was uncovered that Star’s assistant group treasurer, Paulina Dudek, misled the National Australia Bank over transactions involving a lot of […]
Casino
March 11, 2022
Aussie Woman Who Stole $AU1M to Play on Social Casino Sentence Appeal Denied
Rachel Naomi Perri was accused of embezzling money from her employer for a period of three years, the proceeds of which she used to play an online gambling game on Facebook by the name of Heart of Vegas. After receiving a six-year sentence in December 2021, the woman now wants to plead a lighter sentence […]
Casino
March 11, 2022
ILGA of NSW Sets Public Hearing Date over Star Sydney Alleged Offenses
The Independent Liquor & Gaming Authority of New South Wales, Australia confirmed that a public hearing in The Star Sydney’s conduct will commence on Thursday, March 17. The goal of these hearings will be to determine whether the casino meets the industry standards and thus, hold a license. The Review Will Investigate the Casino’s Recent […]
Industry
March 10, 2022
Woman Jailed Over Stealing $230K from Employers to Gamble
Australians are some of the most prolific gamblers on Earth and this has often raised the question of problem gambling. One such story led Lisa Trison to a life of crime with the woman now sentenced to serve jail time over the embezzlement of money from several employers in order to sustain her gambling habits. […]
Sports
March 3, 2022
Two Major NRL Australia Teams Renounce Gambling Sponsorships
Two teams from the National Rugby League in Australia, namely the Canterbury-Bankstown Bulldogs and the South Sydney Rabbitohs, have opposed sports betting advertisements, refusing to receive sponsorships from gambling companies. The Bulldogs and Rabbitohs Want to Reclaim the Game The two teams’ decision is in line with the Reclaim the Game movement which seeks to […]
Casino
March 1, 2022
AUSTRAC Opens Civil Penalty Proceedings against Crown Resorts
Australia’s financial crimes regulator has opened a probe into Crown Resorts, commencing a civil penalty against the company’s Crown Melbourne and Crown Perth’s properties. According to the watchdog, AUSTRAC, the properties may have come short of anti-money laundering and counter-terrorist financing regulation. AUSTRAC’s Penalty Confirms Regulator Suspicion This comes after AUSTRAC originally launched an investigation […]
Legal
February 28, 2022
Aussie Pub Receives AU$100K Fine over Incitements for Gambling
A pub in Australia was fined last week after an investigation discovered the venue offered incentives for visitors that gambled. Former GM Tips Regulator A disgruntled general manager at the Rose and Crown Hotel in Parramatta, Greater Western Sydney, Australia tipped the regulator about malpractice at the venue. The tip resulted in an investigation led […]
Business
February 25, 2022
PointsBet Issues Financial Health Report, Shows Revenue Improvement
Australia-based sports betting operator wants to have a place on the global stage, and its entrance into the US market is going to help. The company has provided an update to its financial health, reporting its revenue for the first half of its current fiscal year. Despite a few bumps, it’s on track, but will […]