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Gambling News - 'Australia'
Industry
June 21, 2024
Aussie Slot Collector Proposes Law Change after Charges, Fine
A vintage arcades and video games collector in Queensland, Australia, became the first person in the province to face charges under its 1991 Gaming Machine Act. The aforementioned law was established in order to combat illegal gambling and criminal activities related to the sector. Yet, according to a report released by the Courier Mail, the […]
Industry
June 20, 2024
ACMA Cracks Down on Illegal Gambling, Blocks 3 Offshore Sites
The Australian Communications and Media Authority (ACMA) announced that it had requested the blocking of more illegal offshore gambling websites. Internet service providers have thus been required to stop access to the sites’ associated domains. According to the authority, the sires in question operated in violation of Australia’s Interactive Gambling Act 2001. The media regulator […]
Lottery
June 20, 2024
NSW: Lucky Lottery Player Wins AU$40M Jackpot from Powerball
Powerball launched in Australia nearly three decades ago back in 1996. Since then, the popular lottery game made many people millionaires, giving prizes on a weekly drawing that takes place every Thursday night. The latest drawing saw a person from New South Wales become the newest millionaire from the popular game. The person, whose name […]
Industry
June 20, 2024
Victoria to Introduce AUD 50 Loss Limit and Overhaul Pokies Venues’ Tax Breaks
The Australian state of Victoria is set to introduce a daily loss limit on poker machines in an attempt to diminish the negative impact associated with pokies. Additionally, Victoria plans to introduce an overhaul of the controversial tax cuts for gambling properties, The Guardian Australia reported. The changes were outlined in an agreement between the […]
Casino
June 20, 2024
Ed Craven Poaches Tech Talent with Lavish Sign-On Bonuses
Australia’s youngest billionaire and co-founder of crypto gambling platform Stake.com, Ed Craven, will pay sign-on bonuses of up to $100,000 to get the best tech brains in the country working for him at EasyGo Solutions. Co-founded by Craven and Bijan Tehrani and based in Melbourne, the fintech is raiding major Australian tech firms such as […]
Industry
June 18, 2024
NSW Government Commits Additional AU$10M to Minimize Gambling Harm
Although it is identified as a public health issue, gambling is widely spread across Australia. Seeing this problem on a local and national level, lawmakers in the country engaged in an overhaul of the market. Efforts from state to state differ but their primary objective is unified, namely, reducing gambling harm and problem gambling. On […]
Business
June 17, 2024
Tabcorp Selects Former AFL Exec McLachlan for CEO and MD Role
The largest gambling company in Australia that currently has more than 5,000 employees, Tabcorp, announced a new senior-level hire. On Monday, the gambling giant revealed it selected Gillon McLachlan, the former Australian Football League (AFL) executive, for the role of CEO and managing director. An ASX announcement released by Tabcorp reveals that McLachlan will officially […]
Industry
June 14, 2024
NSW Government Considers Increasing the Betting Tax
The government of New South Wales is considering a tax increase of 5%, according to The Sydney Morning Herald. Under this proposal, filed by industry powerhouse Tabcorp, the tax on all bets would be increased from 15% to 20%. This would align NSW’s point of consumption tax (POCT) with that of Queensland. Analysts believe that […]
Industry
June 14, 2024
Australia Cracks Down on Crypto and Credit Cards in Online Gambling
The Australian government recently banned cryptocurrencies and credit cards in online gambling as part of its efforts to reduce risks associated with these activities. The rule, which took effect on June 11, was introduced so that digital betting would comply with land-based regulations banning credit card use for the same purpose. New Regulations and Fines […]
Industry
June 13, 2024
Tabcorp Fined With AU$270,000 for Underage Gambling in 13 Venues
At the end of May, we announced that the Victorian Gambling and Casino Control Commission (VGCCC) filed a series of charges connected to child gambling against Tabcorp. Fast forward to today, Australia’s largest gambling company with a staff of over 5,000 has been slapped with a fine of over AU$370,000 ($246,000) including costs after […]