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Industry
November 21, 2023
Australian Online Betting Giants Unite to Support Financial Counselling Services
Six leading players in the Australian online betting scene – Bet365, Betfair, Entain, PointsBet, Sportsbet, and Unibet – have pledged more than AUD 3 million ($1.97 million) to support financial counseling services over three years. Responsible Wagering Australia announced this joint initiative, noting it was another significant milestone in its mission to protect consumers. The […]
Industry
November 21, 2023
Star Entertainment Group and NSW Government Negotiate New Casino Duty Rates
Talks between the beleaguered operator and the NSW Government concluded in a compromise, significantly reducing the originally envisioned levy increases. However, the planned duty rate hikes will further strain Star Entertainment’s efforts to recover from the wake of its money laundering scandals and regain the trust of consumers and regulators. The Operator Is Yet to […]
Casino
November 20, 2023
Crown to Change Sydney Casino Work Hours, Lay 180 Workers Off
Crown Resorts is set to cut jobs at its Sydney casino, which continues to struggle with low visitation. The casino operator will also reduce its working hours, according to a report by The Sydney Morning Herald. The NSW news outlet said that the casino operator’s Sydney property does not have enough visitors to justify the […]
Industry
November 20, 2023
Australia’s Gambling Industry Impacts Politics, Report
Gambling is identified as a public health risk in Australia, considering that hundreds of millions are lost to the activity on a monthly basis. The losses to gambling on a yearly basis are in billions, a warning sign that many people are affected by the activity and may suffer from at-risk or problem gambling. Before […]
Legal
November 17, 2023
Crown Resorts Failed to Pay an Abused Guard’s Legal Fees, Lawsuit Suggests
Australian billionaire and ex-Crown Resorts shareholder James Packer is once again being sued by a security guard whom he allegedly assaulted in 2016. The guard, some 12 years older than the businessman, claimed to have been assaulted after failing to recognize Packer. Now, Packer and his team are allegedly avoiding paying the legal fees stemming […]
Industry
November 14, 2023
Australia: House of Representatives Approves iGaming Credit Card Ban
Australia is proceeding with its plans to prohibit the use of credit cards in online gambling. In a new development, the House of Representatives passed a bill that would introduce a prohibitory measure. The Interactive Gambling Amendment (Credit and Other Measures) Bill 2023 was first introduced in September amid concerns about the worrisome problem gambling […]
Industry
November 13, 2023
Australian Bill Seeks to Make Lobbying More Transparent
Australian crossbenchers are not amused by Michelle Rowland’s birthday launch with gambling lobbyists last November. The launch was revealed by a report, causing immediate backlash and calls for more transparency in Australian politics. As reported by The Guardian, Kooyong MP Monique Ryan took this call a step further and introduced a bill that seeks to […]
Casino
November 6, 2023
Star Entertainment Completes Sale of Grand Mirage Resort Gold Coast
Star Entertainment Group has completed the sale of its Sheraton Grand Mirage Resort Gold Coast property. Announced earlier this year, the sale saw the Australian casino and hospitality giant sell the property for AUD 192 million (roughly $128 million at the time of the announcement). The sale of the property came amid regulatory headwinds that […]
Sports
November 3, 2023
HBA Ensures Global Melbourne Cup Distribution ahead of the Race
Australia braces as the Melbourne Cup looms. The four-day Race that Stops a Nation is set to kick off on November 7, bringing tons of excitement to fans of racing and bettors alike. The $8.4 million feature race is set to take place at Flemington Racecourse and will be presented by 25 broadcasters in 209+ […]
Casino
November 3, 2023
Victorian Clubs Exploit Loophole to Get Tax Cuts
Poker machine properties in Victoria seem to be exploiting the local laws to avoid taxes. As reported by The Guardian, venues have spent $184 million of gambling profits on themselves over the last financial year to get tax cut. The clubs in question justified the money as a “community benefit.” For reference, Victoria allows clubs […]
