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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 […]
Industry
June 13, 2024
Man Attempts to Blackmail the Star, Faces Permanent Injunction Order
An unsuccessful job applicant at the Star Entertainment’s Sydney Casino attempted to blackmail the leading operator earlier this year, a newly released report suggests. The blackmail attempt resulted in immediate legal action filed by the gambling operator that sought to protect customer data which the applicant threatened to release to the public. The case involves […]
Industry
June 10, 2024
Sky News Host Questions Decision to Ban Betting Ads But Ignore Pokies
Sky News host Caleb Bond commented on Australia’s planned crackdown on gambling ads in sports. While there is bipartisan support for restrictions on betting advertising, Bond argued that sports betting might not be the “big evil” some believe it to be. The expectations for ad restrictions come in the wake of the Parliamentary Standing Committee’s […]
Industry
June 7, 2024
SkyCity Adelaide to Pay $67 Million Money Laundering Fine
A landmark ruling by the Federal Court of Australia ordered SkyCity Adelaide to pay an AU$67 million ($44.1 million) fine for substantial breaches of anti-money laundering (AML) and counter-terrorism financing (CTF) laws, which occurred at its North Terrace casino. The venue reportedly failed to comply with legislative requirements and lacked crucial customer due diligence safeguards. […]
Lottery
June 7, 2024
Australian Lottery Player’s Luck Strikes Twice in 25 Years
One particularly lucky Sydney, Australia lottery player has experienced a very satisfying feeling of déjà vu after scoring his second major win two and a half decades after winning a similarly generous cash prize. The fortunate Australian gambler scooped up over $200,000 in the Lucky Lotteries Mega Jackpot draw held on Thursday after guessing all […]
Business
June 4, 2024
Crown Resorts Names Borghetti Chair as McBeath Steps Down
Australian casino and hospitality giant Crown Resorts announced that its board of directors has designated the experienced John Borghetti as its new chairman. The appointment follows William McBeath’s recent decision to step down as chair and instead focus on his NED responsibilities. McBeath was named chair in July 2022, shortly after the company was acquired […]
Sports
May 30, 2024
Two More Players Involved in Alleged A-League Bet Fixing Scandal
According to the Associated Press, court documents shown in Campbell Town Court on May 30 have deemed Matthew Millar and Jed Drew as part of the investigation into a criminal group tied to bet fixing, an issue affecting many sports. The two A-League players were allegedly participants in the scheme that involved three of their […]
Industry
May 30, 2024
Tabcorp in Court for Failing to Prevent Autistic Child from Gambling
Gambling affects a large part of the population in Australia. The activity is identified as a serious public health issue which is a prime reason for the recent overhaul of the gambling sector across the country. But while gambling can affect adults, it is also popular among children. Amid cases of children gambling, in January […]
Legal
May 30, 2024
Australian Bookkeeper Embezzles $700K to Fuel Gambling Addiction
K.D,, a 43-year-old bookkeeper from Melbourne, has been sentenced to a four-year community correction order after embezzling over AU$700,000 ($463,000) from her ex-partner’s transport company to fund her debilitating online gambling addiction. The court’s decision to avoid a jail term underscores how addiction can affect anybody and how gambling harm can extend to one’s friends […]
