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Casino
May 23, 2022
Star Entertainment Appoints New Acting CEO, Interim Chairman
Tumultuous times are still holding Star Entertainment Group executive lineup captive. In light of an ongoing regulatory review, multiple C-level employees departed. After John O’Neil stepped down last week, news of fresh appointments followed shortly after. The new interim chairman Ben Heap and new interim CEO Geoff Hogg were previously director and chief casino officer […]
Industry
May 23, 2022
Reset App Allows Victorian Bettors to Be in Control
Bettors in the state of Victoria, Australia, have another tool to help them keep their gambling habits in check. Thanks to a new app, local punters can get in control of their spending behavior and prevent gambling harm. Reset Provides the Help Victorian Bettors Need The application is called Reset and provides a much-needed self-help […]
Industry
May 20, 2022
Tabcorp’s Lottery & Keno Demerger Greenlit by Court
At the end of March, Australia’s lottery operator Tabcorp announced its lottery and keno demerger will be subject to a shareholder’s vote. On May 12, its shareholders showed overwhelming support for the proposal, with close to 99% of all votes expressed during the general meeting favoring the demerger, around 0.17% of votes going against it, […]
Industry
May 20, 2022
O’Neill Steps Down as Star’s Executive Chairman
At the beginning of the month, ex-rugby star and Star Entertainment chairman of Star Entertainment Group John O’Neill announced he would temporarily take over the managing director and chief executive officer position. Now, O’Neill announced his resignation just days before a public hearing where he will testify in regards to the group’s casino in Sydney. […]
Industry
May 20, 2022
Crown Investors Approve Blackstone’s Takeover Bid
As Blackstone prepares to acquire Crown Resorts, the casino company inquired about its investors’ opinion on the deal. As it turns out, most of them support the takeover. Crown’s Shareholders Approve the Scheme Blackstone, an American investment management company, announced its intentions to acquire Crown Resorts. The Australia Foreign Investment Review Board reviewed the deal […]
Business
May 19, 2022
Aristocrat Leisure Fiscal H1 Net Profit Up 48%, Dividends Confirmed
Australia’s famed gambling machine manufacturer Aristocrat Leisure made their Interim Results Announcement and their results are looking “outstanding” as per their own words. The stellar half-year numbers and share prices of Aristocrat have jumped more than 6% at the time of writing. Aristocrat Sees Strong Half-Year Results As per Aristocrat’s 2022 Half-Year Media Release, the […]
Legal
May 18, 2022
NSW Regulator Wants to Raise Fines for Illegal Ads
Liquor and Gaming New South Wales, the state’s regulator, appealed for a raise in the maximum fines for faulty gambling advertising. The authority seeks to discourage the NSW licensees from posting ads that are in breach of the regulations. NSW’s Regulator Believes Fines Are Too Low According to the current laws, operators risk a maximum […]
Casino
May 16, 2022
Two More Star Executives Confirm Plans to Step Down
Star Entertainment is still facing an extensive inquiry into what has been dubbed dubious practices by regulators and the government. The commission looking into numerous breaches of trust has now cost two more higher-ups their positions with the company’s Board of Directors, with both stepping down from the Australian casino giant. Executive Musical Chairs Non-executive […]
Legal
May 13, 2022
Star Needs Board Changes, Pitkin Plans to Leave
One of Star Entertainment’s directors believes that changes to its board are needed to fix the company and regain public and shareholder trust. She announced her plans to resign from her position. Pitkin Shared What She Knows The investigation of Star Entertainment continues. An inquiry of Star’s business revealed many shortcomings when it comes to […]
Sports
May 13, 2022
Australian Ice Hockey Seeks to Realize Commercial Potential with Sportradar
The Australian Ice Hockey League has announced a new data partnership with Sportradar, a company focusing on sports data and integrity. The partnership between the data company and the league will enable Sportradar to tap into the audio-visual distribution rights for the AIHL, excluding the Australian and New Zealand regions. Sportradar to Help AIHL Reach […]
