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Business
October 25, 2023
Shareholders Disagree With Tabcorp’s Remuneration Plan
The remuneration of Tabcorp’s executive sparked a debate at the company’s recent annual general meeting (AGM) that took place Wednesday, ultimately resulting in a dip of 4% in its stocks. More than one third of the company’s shareholders, or some 34%, disagreed with a proposed remuneration plan for Tabcorp’s senior-level members. The latest announcement comes […]
Legal
October 25, 2023
Former Australian MP Jailed for Gambling with Taxpayer Money
Former Australian MP Russell Northe was slapped with a prison sentence after using his position to gamble with taxpayer money. The court handed the ex-politician a 21-month sentence in spite of his ongoing mental health problems. Northe is a former Victorian MP who became a member of the Nationals’ parliament in 2006. However, he left […]
Industry
October 24, 2023
Australia’s BetStop Exclusion Scheme Reaches 10,000 Registrations
Australia’s government reported that BetStop, the country’s new national self-exclusion register, is proving to be a resounding success. According to official data, over 10,000 people have used the register to exclude themselves from gambling so far. The register was launched in August 2023 and is a result of Australia’s efforts to lower the concerning problem […]
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 […]
