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Business
February 22, 2024
Tabcorp Gains Market Share despite Dip in Revenue for 1H24
Tabcorp, the leading Australian betting giant, released its latest trading update, uncovering insights regarding its performance for the six months ended December 31, 2023. The period, recognized by the company as 1H24, indicated a decrease in revenue and group EBITDA, but highlighted an improving market share trend, pointing to expected strong growth in the near […]
Casino
February 19, 2024
Star Entertainment Formalizes NSW Jobs Guarantee, Cashless Gaming Trial
The Star Entertainment Group announced that it has formalized the previously announced aspects of the arrangements agreed in principle with the NSW Treasurer, Daniel Mookhey, securing the company’s jobs commitment and cashless trial. In line with the initial agreement from August 11, 2023, The Star entered into a Jobs Guarantee Agreement with the state of […]
Industry
February 19, 2024
The Star Entertainment Faces Bell Two Investigation
The Star Entertainment Group, Australia’s iconic ASX-listed group that owns and operates The Star Sydney, The Star Gold Coast, and Treasury Brisbane has announced it faces a second inquiry into its suitability to hold on to a casino license. At the moment, the group has six critical months to prove that it is capable of […]
Industry
February 16, 2024
ACMA Bans a Dozen More Illegal Websites
The Australian Communications and Media Authority (ACMA) has taken action against more unlicensed gambling websites in the country. The watchdog’s latest ban wave saw it block another dozen websites. According to the authority, the sites in question included Playzilla, Wazamba, Zet Casino, Slots Palace, Nomini, Casinia, SG Casino, Fez Bet, Buran Casino, Spin Better, Golden […]
Industry
February 16, 2024
Police Bust Illegal Gambling Dens Allegedly Run by Crown Staff
Two 2023 police raids at Mt Lawley and Cloverdale gambling dens helped authorities seize almost $190,000 in cash, along with gambling cards and chips usually found at Monte Carlo casinos. The two underground locations used for illegal gambling were allegedly run by a number of Crown Casino workers. The casino chips and blocks of cash […]
Business
February 15, 2024
Entain Strikes Sponsorship Deals in Australia and New Zealand
Ladbrokes, the Entain-owned betting brand, has enhanced its regional sponsorship agreement with the Ultimate Fighting Championship (UFC) in Australia. The two-year deal will see the branding in the Octagon and during UFC broadcasts in Australia transition from the neds brand to Ladbrokes. Entain also recently secured a 25-year strategic partnering agreement in New Zealand to […]
Business
February 12, 2024
Entain Explores Bid for Free-to-Air TV in Australia
Global gambling giant Entain is reportedly exploring a bid to secure direct access to a free-to-air TV channel targeting Australian audiences. The move aims to broadcast racing events, explore synergies, promote gambling products, and challenge the monopoly of Tabcorp-owned Sky Racing. Entertain’s previous broadcasting experience should provide substantial benefits, helping leverage a potential agreement. Entain […]
Industry
February 12, 2024
Study Reveals the Dangers of Influencer Gambling Endorsements
A new study funded by the Australian Research Council found that children as young as 12 expressed concerns about the impact of celebrity endorsements on promoting gambling as safe, attractive, and fun. Researchers from Deakin, Wollongong, and Curtin universities noted that the results highlighted the need for strict advertising restrictions to protect the next generation […]
Business
February 9, 2024
Blackstone-owned Crown Resorts CEO Cleared of Wrongdoing
After an internal investigation, Crown Resorts, under the ownership of Blackstone, has absolved its CEO, Ciaran Carruthers, of any wrongdoing following allegations that he intervened in security matters at Melbourne’s Crown casino. Crown Resorts Chairman Affirms CEO’s Innocence Amidst Investigation In a statement to staff, Crown chairman Bill McBeath emphasized the findings of the independent […]
Casino
February 2, 2024
NSW Wants Pubs with 20 Poker Machines to Have RG Officers
This mostly came with no strings attached from the government, other than preparing the necessary paperwork and making sure that certain standards for responsible gambling and underage gambling have been observed. Poker Machines Now Need a RG Officer to Tend to Customers Yet, a wave of regulatory changes across the state will now expect pubs […]
