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Casino
September 2, 2022
ILGA Appoints Independent Supervisor to Monitor the Star Sydney
The saga with The Star Sydney continues with the appointment of an independent monitoring entity, which will supervise the casino’s operations while the New South Wales’ incoming Independent Casino Commission (NICC) takes over the current Independent Liquor & Gaming Authority (ILGA) on September 5. NICC to Receive the Adam Bell SC Report After It Assumes […]
Casino
September 1, 2022
Crown Melbourne to Get New Fine Over Newly-Uncovered Blank Checks Scheme
More shocking revelations have come out regarding dubious transactions at Crown Resorts’ casino Crown Melbourne, which may lead to another fine of AUD 100 million ($68.3 million). Following discoveries regarding the use of blank cheques in exchange for casino chips, on September 1, the Victorian Gambling Casino Control Commission (VGCCC) requested Crown Resorts to provide […]
Blockchain
August 31, 2022
Crypto.com Won Legal Battle Following $10.5m Wrongful Payment
A popular cryptocurrentcy trading platform accidentally transferred millions of dollars to an Australian woman and failed to notice the error for seven months. Wrongful Refund Made Someone Millionaire Crypto.com, operating as Foris GFS in Australia, made the error while processing a $100 refund in May 2021 and instead of the refund amount, transferred to Thevamanogari […]
Legal
August 31, 2022
NSW Government Appointed Independent Casino Commission Members
The New South Wales (NSW) government announced in a public release on Tuesday it has appointed five new members to the State’s Independent Casino Commission ahead of the body’s commencement next week. Chief Commissioner and Members The Minister for Hospitality and Racing Kevin Anderson chose the current chairperson of the Independent Liquor and Gaming Authority […]
Legal
August 30, 2022
Star’s Queensland Review Ongoing, Many Questions Unanswered
The last day of public hearings was on Monday, and the painted picture doesn’t bode well for Star’s Queensland operations, either. There’s still time until the court reaches a decision and the complexity of the review doesn’t skip that regulatory bodies haven’t been doing their jobs, so the fate of Star’s license in Queensland is […]
Industry
August 29, 2022
Two-thirds of Australians Want Gambling TV Ads Banned
Ads are the worst, right? Well, apparently, if you’re Australian, you don’t want tobacco, gambling, junk food, and alcohol ads on TV, and the numbers are exactly in that order. The last place is for burning fossil fuel ads, because who needs the planet? 70% of Polled Individuals Support Ban The Australia Institute released the […]
Legal
August 29, 2022
More Australian Casinos Face Investigation over Illegitimate Junket Schemes
The shocking revelations of the dubious business in Australia’s casinos resulting from the joint investigation of The Sydney Morning Herald, The Age and 60 Minutes continue. This time discrepancies around attracting Asian wealthy gamblers have been uncovered at Townsville’s The Ville and The Reef Hotel Casino in Cairns, which may lead to a probe from […]
Casino
August 26, 2022
Crown Sidney CEO to Resign, Blackstone Will Appoint a Replacement Soon
Crown Sidney has confirmed that its CEO, Simon McGrath, will depart the company amid the Blackstone takeover. Australian media outlets report that his resignation will be effective in September and the Australian Financial Review reported that Blackstone will announce his replacement soon. The Next CEO is Likely to Come from Macau Australian Financial Review also […]
Industry
August 26, 2022
SkyCity Entertainment’s FY 2022 Revenue Dropped by 32.9%
New Zealand casino operator SkyCity Entertainment Group released today its financial results for the fiscal year 2022 revealing the impact of the near three-month-long closure of its flagship Auckland property. Revenue Decrease Attributed to Property Closures For the 12 months ended June 30, 2022, SkyCity Entertainment Group generated NZ$639 million ($397 million) in revenue to […]
Industry
August 25, 2022
ABC Radio Bids farewell to Johnson over Betting Clause
Former Australian cricket player awarded with a large number of national and global decorations Mitchell Johnson has bid farewell to his cricket commentator position at ABC Radio. Johnson’s transfer to ABC Radio occurred after fellow ABC commentator and former Test captain Ian Chappell retired a few seasons ago. This weekend, Johnson was supposed to once […]
