Casino
August 12, 2022
Pharmacy Owners Conned Millions of Dollars by “Friendly” Bookkeeper
A family-owned pharmacy was facing some tough times back in 2011 and a family “friend” offered a helping hand. A hand, that went on to steal millions of dollars from them for almost seven years. Four Years, Eight Months Jail Time Although reports differ on the exact amount, with some stating north of AU$3 million […]
Casino
August 10, 2022
Star Hires Allen & Overy to Monitor Renewal Process
Star Entertainment Group, an Australian gambling company, has hired the services of Allen & Overy Consulting, an independent consultancy. The latter will be responsible for overseeing Star’s renewal program. Star Wants to Make Things Right Star Entertainment Group was recently involved in controversy as Australian regulators found the company guilty of breaching certain regulations. As […]
Sports
August 8, 2022
Greyhound Racing NSW Appoints New Chief Executive Officer
The new CEO has been in the company for some time and is well-versed in Greyhound Racing NSW’s activities, especially because of serving as a legal advisor for multiple years. The old CEO has moved to head a rugby team that he’s played for about 30 years ago and receives a warm welcome. New Greyhound […]
Casino
August 8, 2022
The Crown Sydney VIP Casino Finally Opens Doors
After considerable difficulties and a major corporate makeover on August 8 Crown Resorts is finally opening its VIP casino at its AUD 2.2 billion ($1.6 billion) integrated casino resort the Crown Sydney, which was opened and commenced operations back in December 2020. The company faced delays in opening the casino not least because of investigations […]
Casino
August 8, 2022
ACMA Issues a Warning to Proxous Advanced Solutions Over IGA Breaches
Australia’s Communications and Media Authority (ACMA) has issued a warning to Proxous Advanced Solutions. According to ACMA, Proxous knowingly provided its Realtime Gaming software products to 13 illegal online casinos and thus, it breached the country’s 2001 Interactive Gambling Act. Proxous Breaches the Rules for the First Time in Its History This breach does not […]
Casino
August 5, 2022
Australians Lost $135B on Pokies in NSW in 30 Years
A new survey by Wesley Mission has taken a closer look at how much money was spent on pokies in the past 30 years. The survey estimates that at least $135 billion were lost in New South Wales alone, along with 66 billion in Victoria in three decades of play. Pokie Machines and How Much […]
Casino
August 3, 2022
NSW New Regulatory Body Now Can Fine Casinos up to AU$100M
The new body will be named the NSW Independent Casino Commission and is expected to be much stricter in its regulatory actions and should be able to uphold all the new reforms in gambling regulation as it is itself a part of them. New Regulatory Body Ups the Ante Amid Upcoming Reforms New South Wales’ […]
Industry
August 2, 2022
New Rules by Victoria’s Government to Control Crown Melbourne’s Operations
The government of the state of Victoria, Australia, has introduced 12 more recommendations to the parliament through which visitors at Crown Melbourne will have to set gambling limits. These measures were also described by the Andrews government as the strongest measures for any casino. Crown Visitors Will Have an AU$1,000 24-Hour Spending Limit These rules […]
Industry
July 29, 2022
PointsBet Continued to Impress with Q4 FY2022 Performance
Australian-based sports betting operator PointsBet released today its quarterly financial results for the three months ended June 30, 2022, posting impressive performance for the fourth quarter of the fiscal year 2022. Significant Increase in Q4 FY2022 Net Win PointsBet registered a turnover of AU$1.3 billion ($906 million), up 32% on the AU$986 million (%687 million) […]
Casino
July 29, 2022
The Star Entertainment Group Revenues Recovered in FY2022
The Star Entertainment Group filed with the Australian Securities Exchange (AUS) today a trading update on its expected revenue in the fiscal year 2022, balance sheet position and early fiscal year 2023 performance. FY2022 Unaudited Results For the 12 months ended June 30, 2022, The Star Entertainment Group expects normalized revenue of AU$1.53 billion ($1.06 […]
