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Legal
February 16, 2023
Woman Faces Retribution for Stealing from a High School
Frances Walshe, a 65-year-old Australian woman who worked as a business manager, pleaded guilty to stealing a whopping $297,000 (converted from AUD) from a high school. She later apologized, blaming her gambling addiction for the incident. At first, people believed that the woman had only stolen some $32,335 from Melbourne High School. After she admitted […]
Legal
February 15, 2023
Australian Judge Reprimands AUSTRAC for Delays in Crown Case
The financial crimes regulator is suing the casino operator for numerous breaches of anti-money laundering laws. Judge Lee Criticizes AUSTRAC for Not Taking the Crown Case Seriously The Australian Financial Review reported that Justice Michael Lee expressed his surprise that AUSTRAC agreed to Crown’s request to delay the settlement on agreed facts and admissions until […]
Business
February 14, 2023
Senet Hires Regulatory and Wagering Expert Bree Ryan
On Tuesday, the firm revealed it hired the services of wagering specialist Bree Ryan. Joining Senet, Ryan became a part of the firm’s associates team. Before joining Senet, Ryan was a part of Tabcorp. During her tenure with the company, she held the position of deputy general counsel of wagering and media. Moreover, Ryan’s professional […]
Casino
February 14, 2023
Endeavour Group CEO Positive on Cashless Gambling for Poker Machines
The Sydney Morning Herald reported that according to Donohue, the recent regulatory changes regarding cashless gambling in Australia are a natural progression for the industry. Endeavor CEO Sees Cashless Gaming as a Natural Progression The CEO of Endeavour stated that the gambling industry has undergone several regulatory reforms in the past and the changes ahead […]
Business
February 13, 2023
Preliminary Results Predict 1% Revenue Drop for The Star in H1 FY23
The operator released its unaudited results for H1 FY23, revealing strong performance but an overall drop in revenue. The Star explained that for H1 FY23, the domestic revenue of The Star Gold Coast increased by 30% when compared to the corresponding period pre-COVID or H1, FY19. This result marked an achievement for the company as […]
Industry
February 13, 2023
Senet Chooses Norths Collective as First Company to Undergo RG Assessment
The new program seeks to combat gambling-related harm as well as ensure that gambling operators are not impacted by financial crimes such as money laundering. To achieve this, participants in the program undergo an extensive assessment that seeks to ensure their compliance with Senet Assure. Lauded as the first-of-its-kind program, the new initiative comes at […]
Industry
February 13, 2023
Western Sydney Oversaturated with EGMs, Says New Report
The research by Western Sydney University probed into the gambling operations in Sydney, calling the activities a “silent epidemic” for the Western Sydney region. The study, titled “Paying the Price: Gambling-Related Harm in Western Sydney” uncovered that the impact of gambling-related harm is evident in Western Sydney. It said that although the region contains only […]
Sports
February 10, 2023
Free Aussie Sports Coverage Threatened by Restrictive Gambling Rules
As reported by The Guardian, Free TV Australia, the peak industry body that represents Australia’s commercial free-to-air TV broadcasters, warned that additional restrictions to gambling ads can have consequences. Free TV Australia dismissed such proposals and explained that rights to sports events are very expensive. Moreover, the peak industry body’s chief executive officer, Bridge Fair, […]
Industry
February 8, 2023
ACMA Carries on with Fight against Illegal Gambling Websites
The Authority said Wednesday it has conducted an investigation and uncovered six new service providers that operated illegally in the country. ACMA said the illegal offshore gambling websites operated in breach of the main gambling regulation in the country, the Interactive Gambling Act 2001. As a result, it urged internet service providers (ISPs) in Australia […]
Legal
February 8, 2023
Australian Regulator Fined Bet Nation but Some Believe More Should Be Done
The Northern Territory Racing Commission fined Amused Australia, the firm behind Bet Nation, for promoting its products to self-excluded individuals. Experts are not certain whether the fine will be enough to make the company change its approach. Bet Nation Promoted Promo Offerings to Excluded Persons In December, the Northern Territory regulator fined Bet Nation, which […]
