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Industry
June 12, 2025
NSW Fails to Enact Important RG Reforms, Auditor Says
The auditor general in New South Wales has produced a damning report on the state of gambling reform, arguing that the government has been slow to reduced gambling-related harm, primarily tied to 90,000 poker machines, as land-based slots are called in Australia. Plans to remove thousands of machines are supposedly underway, but the government has […]
Legal
June 11, 2025
Sydney Man to Face Court over Alleged Multi-Million Dollar Gambling Scam
A 23-year-old man is set to appear in Bankstown Local Court today as he faces charges connected with an alleged online gambling scam. Authorities allege the suspect cheated victims out of more than AUD 2 million ($1.31 million). This case echoes similar gambling-related crimes in the past few months, where perpetrators faced several years in […]
Casino
June 11, 2025
Young Australian Man Appears in Court Over AU$2M Online Gambling Scam
A 23-year-old man from Sydney appeared in Bankstown Local Court on Wednesday, facing multiple charges related to an alleged AU$2-million online gambling scam he is accused of operating. According to investigators, the man set up the scheme and then handpicked gamblers who were willing to spend “considerable amounts.” The investigation into the alleged scam began […]
Casino
June 6, 2025
Star Entertainment on the Brink Again After AUSTRAC Floats AU$400M Fine
Star Entertainment has been teetering on collapse for many years now. After Bally’s Corporation agreed to throw a lifeline to the company, offering an AU$300-million stake buyout and the promise of turning things around, there is one issue that neither company has accounted for – the Australian financial regulator’s proclivity for upholding the letter of […]
Industry
June 5, 2025
ACMA Finds Self-Exclusion Violations by Buddybet, Ultrabet, VicBet, Topbet
Buddybet, Ultrabet, VicBet, and Topbet have breached rules that protect people who registered Australia’s National Self-Exclusion Register (NSER), according to an investigation by the Australian Communications and Media Authority (ACMA). What Did ACMA’s Investigations Find Out? Under NSER regulations, once an individual is registered with the NSER, wagering service providers are required to close that person’s […]
Industry
June 5, 2025
NSW Gamblers Are Losing AU$24M on the Pokies Everyday
Gamblers in New South Wales may be losing as much as AU$24 million a day, a charity advocacy group has said, raising alarm over the rate of gambling participation and, more importantly, the pace at which people are losing money. Pokie Losses in New South Wales: Reason for Concern, Warns a Charity To put this […]
Business
June 4, 2025
MIXI Revises Its PointsBet Takeover Proposal
The Australian arm of the Japanese consumer tech giant MIXI has revised its proposal for the acquisition of PointsBet, offering a more attractive price. This offer comes as PointsBet considers a separate takeover proposal by Betr Australia. MIXI Australia Seeks to Acquire PointsBet In February 2025, MIXI Australia submitted a proposal to acquire PointsBet for […]
Casino
June 2, 2025
Escalante Seeks Full Control of $3.2B VGW Empire
Founder and chief executive officer of Virtual Gaming Worlds (VGW), Laurence Escalante, is making a bold move to tighten his grip on the sweepstakes giant. Escalante is offering to buy out minority shareholders in a deal that would increase the online gambling giant’s value to $3.2 billion. Escalante to Take Full Control The proposal, made […]
Casino
May 30, 2025
AUSTRAC Orders Two Casinos to Appoint External AML/CTF Auditors
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has asked two casinos to appoint external auditors to address potential anti-money laundering (AML) and counter-terrorist financing (CTF) shortcomings. AUSTRAC Identified Potential Deficiencies In its official announcement, the AUSTRAC said that it has instructed The Ville Resort-Casino in Townsville and Mindil Beach Casino Resort in Darwin to […]
Business
May 27, 2025
Crown Perth Ushers in New Era with Leadership Overhaul
Crown Perth has started a new chapter in its continuing transformation with the appointment of Brian Pereira as chief executive officer, along with the appointment of ex-Western Australian Treasurer Ben Wyatt as chair-elect of the board. The leadership shake-up announced on Monday continues Crown Resorts’ ongoing efforts to reinvent itself as a transformed and forward-looking […]
