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Casino
May 3, 2022
Crown Resorts Wants to Better Understand New EMG Tax Levy
Crown Resorts has accepted its fate that for better or for worse it will have to prove its reputation as a reliable gaming giant in Australia once again. The next two years will be challenging, but it all seems to be going well. However, the company is not exactly sure it understands the motivation behind […]
Casino
May 2, 2022
NSW Inquiry: Former Star CEO Bekier Conceded VIP Failures
A New South Wales (NSW) inquiry into Star Entertainment’s suitability to hold a casino license was told by the company’s former CEO Matt Bekier that he felt let down by senior management. Unmitigated Risk of Money Laundering The royal commission-style inquiry led by Adam Bell SC was prompted by information that Star Entertainment has been […]
Casino
May 2, 2022
Victoria’s Officials Set Aside $39.3 million to Increase Crown Melbourne Surveillance
Victoria’s state government officials have made up their minds regarding the amount they would dedicate to stronger oversight of Crown Melbourne’s operations. The 2022/23 yearly budget will put aside AU$55.6 million (US$39.3 million) for the implementation of a series of Royal Commission recommendations regarding the iconic venue. The Money Will Assist Special Manager Stephen O’Bryan’s […]
Casino
May 2, 2022
Nick Xenophon Wants Total Ban on Gambling Sponsorships for Clubs, Limited Air Time for Ads
In spite of the current ban on gambling ads during live broadcasts of sports events prior to 8:30 PM that has been in place since 2018 in Australia, sportsbooks have continued to make their way to their targeted and fully engaged audiences. The restrictions imposed on sports betting ads during G-rated programs in specific time […]
Sports
May 2, 2022
Victoria Sees Gambling Advertisement Go Up 253% by 2021
Victoria, Australia has seen a dramatic increase in the number of gambling ads over the past year, new data has revealed. A detailed report by Nielsen institute established that gambling advertisement has gone up by 253% over the past years. The survey period begins in 2016 and the report has been completed on behalf of […]
Casino
April 29, 2022
NSW Star Group CEO Grilled During State Inquiry
The Star Entertainment Group is facing even more serious regulatory challenges as the New South Wales inquiry continues to delve into its questionable practices and has discovered fresh evidence that the Group has overlooked an important part of its duties. According to the Australian Financial Review, The Star Entertainment Group helped high roller cash out […]
Industry
April 28, 2022
Pokies’ Public Impact Revived Green Party’s Phase-Out Plan
A report on the state of gambling in New South Wales (NSW) is bringing back the Green Party’s plan to oust pokies out of pubs and clubs and raising serious concerns about the harm pokies do to the individual, families, communities, and society. Pokies Reform Long Overdue Arguing that in Australia “slot machines are everywhere” […]
Business
April 27, 2022
Blackstone Set to Wait Three More Weeks to Take Over Crown Resorts
Blackstone’s takeover of Crown Resorts has been delayed due to the fact that the private equity company needs to make a case with Australian regulators that it is fit to be in control of the casino operator. As a result, Blackstone will have to wait additional 3 weeks to receive the necessary approvals. The Company […]
Industry
April 27, 2022
Australians Post Record Losses on Pokies in Victoria for March
Australians are known for their passion for gambling and the pokies. Yet, they are also known as the world’s “biggest losers” suggestive of the excessive amounts gambled and lost on various products in the country. Now, the Alliance for Gambling Reform has sounded a fresh alarm, reporting that Victorians had lost $257.3 million in March […]
Casino
April 27, 2022
Star Sydney Inquiry Digs into Executive with Ties to Michael Gu
The Tuesday inquiry into The Star Sydney brought fresh allegations to the fore, including accusations that a high-ranking company employee knowingly allowed Michael Gu, an international fugitive, to feed his gambling habit at the casino even though his finances were patchy and his company iProsperity went belly up in 2020, with $352 million in debt. […]
