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Industry
October 23, 2023
Australian Youth Stole $2,800 from His Girlfriend to Gamble
Australia’s gambling harm woes continue, with a recent case highlighting the seriousness of the problem among young people. As reported by The Guardian, a 22-year-old man stole thousands of dollars from his girlfriend to gamble, jeopardizing their relationship. The young man’s mother, referred to as Wendy, spoke with the news outlet about how the addition […]
Casino
October 19, 2023
Blackstone Anticipates Crown Resorts Overhaul to Cost Millions
The Blackstone Group, the globally recognized US private equity giant, acquired Crown Resorts, the leading Australian casino operator, last summer. At the time of the announcement, the price tag of the deal was a staggering AU$8.9 billion ($6.5 billion). However, despite the initial investment to acquire Crown Resorts, The Blackstone Group revealed that it has […]
Industry
October 17, 2023
ACMA Publishes Gambling Advertising in Australia Report
The Australian Communications and Media Authority (ACMA) published its Gambling Advertising in Australia: Placement and Spending report, outlining the persistence of gambling ads in the country during the twelve-month period between May 2022 and April 2023. The report notably shows that over a million gambling ads have been aired on free-to-air TV and metro radio […]
Industry
October 16, 2023
Responsible Wagering Australia Supports NSW GambleAware Week 2023
Responsible Wagering Australia (RWA) has proudly unveiled its support of NSW GambleAware Week 2023. The move highlights RWA’s commitment to safer gambling and its desire to raise awareness of the dangers gambling poses. This year’s GambleAware Week is set to run from October 16 to 22 and will promote responsible wagering under the “What’s gambling […]
Industry
October 16, 2023
Australia: Police Busts Group Involved in Scamming Elderly People
A couple, allegedly involved in scamming elderly people was arrested and is expecting trial in New South Wales, Australia. While police authorities initially thought that the mastermind behind the criminal activities was a 36-year-old woman, they later found that she was a victim of domestic violence, while her husband allegedly spent ill-gained money on gambling. […]
Industry
October 12, 2023
ACMA Asks Best Bookies to Take Down Unlicensed Gambling Service
The Australian Communications and Media Authority (AMCA) has issued a formal warning to Best Bookies’ Price over the latter company’s unlicensed wagering products. While not an operator in the traditional sense, Best Bookies’ had functionalities that placed bets on behalf of its customers. Best Bookies is an online service that allows gamblers to compare betting […]
Legal
October 10, 2023
Majority of Pubs and Clubs in NSW Comply with Gambling Ad Ban
Amid the growing concerns about problem gambling and gambling harm, the local government in New South Wales (NSW), Australia, pushed changes related to the gambling sector. Back in May, lawmakers announced their plans to ban external gambling signs. Licensed gambling operators were given a few months to comply, confirming that measures come into effect on […]
Industry
October 9, 2023
Australians Lose Record $14.5B to Poker Machines
Australians have set a new and concerning record in their gambling habits, with losses from poker machines reaching an astonishing AUD 14.5 billion ($9.25 billion) in the last financial year. This figure marks a sharp increase from the losses reported in 2018-19, the previous financial year uninterrupted by COVID-19 restrictions. Research by the Alliance for […]
Lottery
October 9, 2023
Entrepreneur Adrian Portelli Defends Lottery Business Amid Investigations
Flamboyant businessman Adrian Portelli, widely recognized as “Mr. Lambo,” is facing scrutiny as his lottery business, LMCT+, comes under investigation in Victoria and South Australia. The business, founded by Portelli in 2018, is being probed for alleged violations of gambling laws, with regulators examining its operations closely. Portelli Reiterates Commitment to Tax Compliance Amid Business […]
Casino
October 6, 2023
S&P Global Says Australian Operators Shouldn’t Count on Chinese Tourists for Revenue
Australia’s casino gaming market has long depended on rich Chinese tourists for some extra income. With gambling prohibited in most of China, Australia has long been a preferred destination for gambling tourism. However, China’s recent hurdles with COVID forced this revenue stream to shut down for a while. While the zero-COVID policy is no more […]
