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Gambling News - 'Australia'
Industry
October 14, 2024
VGCCC Fines ALH with $177,500 for Allowing Underage Gambling
The self-proclaimed “leader in the hospitality industry” counting over 350 pubs in communities across the country, the Australian Leisure and Hospitality Group (ALH), has been slapped with a $177,500 fine after pleading guilty to 24 charges related to allowing minors to gamble, giving minors access to restricted areas, and improperly supervising electronic betting terminals. The […]
Industry
October 11, 2024
NSW Extends Drake Inquiry into Greyhound Racing NSW until April 30
The government of New South Wales has extended the time frame for The Drake Inquiry into Greyhound Racing NSW amid a high volume of submissions. The Extended Report Will Focus on GRNSW’s Financial Management The original plan was to have the report ready by the middle of December 2024. However, the high volume of submissions […]
Industry
October 11, 2024
Green Party Files Gambling Ads Ban Bill to Australia’s Senate
On October 9, the Green Party in Australia sent a bill asking for a full ban on gambling ads in the country to the Senate. The move represented the latest development in the heated talks on the way the Labor government should go around the undeniable gambling ad proliferation. At the start of September, news […]
Lottery
October 10, 2024
Australia: Dentist Visit Leads to AU$8M Oz Lotto Win
People rarely enjoy visits to the dentist. However, on rare occasions, this can bring good luck, and this is precisely the case of a lottery player from Queensland, Australia, who recently scored a multi-million-dollar prize after purchasing a ticket right after a dentist appointment. Single Division One Ticket Wins the Jackpot on Oz Lotto’s 1599 […]
Business
October 8, 2024
JPMorgan Acquires Stake in Australia’s Star Entertainment
JPMorgan Chase & Co. has bought a big chunk of Star Entertainment Group, an Australian casino company that is having money troubles. JPMorgan Buys 5.47% of Star Entertainment as Casino Operator Battles Regulatory Scrutiny A new report shows that JPMorgan now owns 5.47% of the company’s voting shares, which means it is getting more involved […]
Lottery
October 4, 2024
Aussie Powerball Player in Shock After AU$12M Jackpot Win
The life of one lottery player from Kangy Angy, Australia, completely changed following the Powerball drawing on Thursday night. To the surprise of the lucky winner, he was notified about his unexpected windfall while at work on Friday. A Single Winner Collects Division One Prize from Powerball’s Latest Drawing The Lott did not release the […]
Sports
October 2, 2024
TexBet Slapped with AU$33,000 Fine in NSW
The Liquor & Gaming NSW took issue with O’Shea Bookmaking, known to the wider audience as TexBet, its trade name, in one instance where the company had accepted bets from a player who was trying to close their account. Liquor & Gaming NSW Brings Operator to Heel over Promotion The case was viewed at Downing […]
Industry
October 1, 2024
Australian Operators Under Flak for Alleged Underhanded Lobbying
Gambling reform advocates are raising alarms, warning that wagering companies are “showering” Australian federal politicians with hospitality as the government contemplates stricter advertising regulations. A new Alliance for Gambling Reform (AGR) report reveals that at least 19 federal MPs have accepted free tickets and hospitality from betting firms, including Tabcorp and Sportsbet, to attend various […]
Business
September 30, 2024
Star Completes Treasury Brisbane Casino Sale, Shares Rise 18%
At the end of last week, we reported that Star Entertainment was forced to return to the negotiation table alongside creditors to deal with its reported AU$1.69 billion ($1.08 billion) annual loss and the overall shaky ground projected for the new financial year. Now, the group that recently sold its leasehold interest in the historic […]
Industry
September 30, 2024
Tim Costello Criticizes NRL, AFL for Ignoring Problem Gambling
Gambling is recognized as a serious public health issue in Australia. The scale of the issue is evident, especially considering the annual losses to gambling hit AU$32 billion ($21.6 billion) based on data supplied by the Queensland Government Statistician’s Office. In that line of thought, meaningful changes are long overdue, and the time has come […]