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Legal
June 5, 2023
ILGA Pondering Early Venue Closure to Prevent Problem Gambling
In February, the Liberal and Nationals New South Wales (NSW) government began paying more attention to poker machines spread throughout the state, taking into consideration a fully cashless strategy which had already received support from the NSW Police Commissioner in December 2022, and higher limitations on the use of the machines, as well as their […]
Industry
June 2, 2023
Australia: Online Gambling Regime Is Far Behind Europe, Asia
A new analysis of laws and regulatory regimes applicable to online gambling across the world found that Australia is lacking behind many of its European and Asian counterparts, urging the government to take action and stop the industry from grooming children for a life of gambling. Gambling Advertising in the Crosshairs Conducted by the Alliance […]
Business
May 31, 2023
BetMakers to Axe over 100 Jobs under AU$20M Cost Reduction
Australian wagering technology supplier BetMakers Technology Group is about to implement a global cost-cutting program that will see its staff reduced by more than 100 jobs. Bringing Down Staff and Overheads by 23% The execution of the program costing AU$2.5 million ($1.68 million) is expected to bring expenses down by AU$20 million ($13.4 million) by […]
Industry
May 30, 2023
ACMA Asks Curaçao Government for Help against Illegal Gambling
Having found no success in weeding out Curaçao-based offshore operators from the Australian market, the Australian Communication & Media Authority (ACMA) is now looking for help from the Curaçao government. Curaçao-based online gambling companies have been a serious problem in Australia. Despite having no license to operate in the country, these companies have been offering […]
Legal
May 30, 2023
Crown Reaches AU$450M AUSTRAC Settlement for AML/CTF Breaches
The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced today that an agreement with Crown Resorts over a financial penalty has been reached, and the casino operator agreed to pay AU$450 million ($293.4 million) for its breaches. Proposed Penalty Appropriate in All Circumstances The joint submissions filed by Crown Melbourne and Crown Perth with the […]
Industry
May 29, 2023
Gambling Reform in Australia May Be Impacted by UK’s White Paper
After much delay and anticipation, the White Paper of the Gambling Act review in the UK was published late last month. The White Paper proposes significant changes to the gambling market in the country, ensuring that its laws are fit for the digital age. Essentially, it calls to build upon the Gambling Act 2005 but […]
Casino
May 29, 2023
Commissioner Asks SkyCity Adelaide to Review AML/CTF Policies
In July 2022, the Honourable Brian Martin, an officer of the Order of Australia and King’s Counsel, was put in charge of reviewing SkyCity Adelaide’s suitability to preserve its monopoly casino license. Now, commissioner Soulio has sent a direction notice to SkyAdelaide using Section 10 part of the Gambling Administration Act 2019, asking them to […]
Legal
May 24, 2023
Sydney Court Fines Unibet with $40K over Gambling Inducements
Last week, the Australian Communications and Media Authority (ACMA) announced that close to 750 illegal gambling sites had been officially blocked from Australian players, with Highway Casino, Online Casinos Australia, and Vave joining the list after they were found to breach the Interactive Gambling Act 2001. In February, ACMA discovered six other service providers that […]
Industry
May 23, 2023
RWA Report Projects AU$3B Lost to Offshore Operators by 2027
An independent report in Australia claims that by 2027 illegal gambling could cost nearly AU$3 billion ($1.99 billion) in lost taxes and product fees, urging authorities to take appropriate action to prevent the losses. New Regulation Should Be Evidence-Based The Australia Offshore Wagering Market Analysis 2023 Report states that by 2027 racing and sports bodies […]
Industry
May 22, 2023
Gambling Ads Trial on TikTok for Australia Expands
TikTok users can enjoy different content from creators around the world. Given that the social media app has a billion downloads, it is likely that it has a staggering number of videos and its popularity has been continuously growing in the last few years. But while some enjoy funny videos or other engaging content from […]
