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Sunday April 11, 2021 6:20PM
The Latest in crown casino
By Mike Johnson
Legal

AUSTRAC Says Casinos Responsible for Overseeing Junket Operators

December 7, 2020

AUSTRAC’s CEO, Nicole Rose, has said that the regulatory onus is on individual casinos to ensure that junket operators do not pose risk to AML compliance. Australian Financial Fraud Squad Says Casinos Must Regulate Junkets ‘Do not pass business responsibility onto regulators,’ this is the unambiguous message Nicole Rose, head of Australia’s financial fraud squad […]

AUSTRAC Says Casinos Responsible for Overseeing Junket Operators
By Julie Moraine
Casino

Crown Casino Would Not Open before Final Inquiry Report

November 18, 2020

Crown’s scheduled opening for its newly-built AU$2.2 billion casino resort in Barangaroo near Sydney will be delayed, after the New South Wales (NSW) regulator officially asked the casino operator to postpone the opening until February at least. Casino Opening Delayed The Independent Liquor and Gaming Authority (ILGA) requested the casino operator to delay the reopening […]

Crown Casino Would Not Open before Final Inquiry Report
Trending
By Melanie Porter
Legal

Bet365 Operator Hillside Sports Fined by Swedish Gambling Authority

The Swedish Gambling Authority has fined Bet365 operator Hillside Sports after the company offered wagering on a match in which most players were underage. Hillside Receives Warning and Penalty From Gambling Authority The Swedish Gambling Authority has issued a warning and a KR 1 million ($ 116,000) fine to local Bet365 operator Hillside Sports. The […]

By Stoyan Todorov
Casino

Videoslots Launches Brand-New “Pool Play” Feature

Videoslots’ “Pool Play” feature will make the jackpot experience more fun, more social, and potentially come with a much better chance of winning big.   Videoslots Launches Pool Play to Make Jackpot Games Social Jackpot hunting has been a solitary business for many years now, but Videoslots wants to change that. The operator is rolling out the “Pool […]

By Mike Johnson
Business

FT: Hedge Funds Peeved with William Hill and Caesars Deal

GWM Asset Management and HBK Capital Management have both sent letters to William Hill’s board of directors protesting what they described as a failure to disclose what they consider as potentially material information.  Hedge Funds Raise Issues with William Hill/Caesars Acquisition  Hedge funds may be revolting against William Hill’s board of directors, whom they now say failed […]

By Julie Moraine
Sports

888 Named Main Title Sponsor for the Portuguese Grand Prix

888 Holdings, a global sports betting and iGaming group operating from Gibraltar, entered into a sponsorship agreement with the Portuguese Grand Prix to become the title sponsor for the 2021 edition of the race event. “It is a thrilling moment for everyone at 888 while we position ourselves as unequivocal supporters for motorcycle sports globally.” […]

By Martina-Nikoleta Tsvetkova
Industry

Ban on Sports Betting Ads After Online Gambling Spike

The surge in online gambling in Australia during the pandemic has provoked concerns related to sports betting ads and their effect on players. Foreign Operators in Australia with Enormous Gains During Covid-19 Foreign-owned corporate bookmakers have emerged as winners during the Covid-19 pandemic with an enormous increase in market value, which has put the issue […]

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