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Business
June 17, 2024
Tabcorp Selects Former AFL Exec McLachlan for CEO and MD Role
The largest gambling company in Australia that currently has more than 5,000 employees, Tabcorp, announced a new senior-level hire. On Monday, the gambling giant revealed it selected Gillon McLachlan, the former Australian Football League (AFL) executive, for the role of CEO and managing director. An ASX announcement released by Tabcorp reveals that McLachlan will officially […]
Industry
June 14, 2024
Australia Cracks Down on Crypto and Credit Cards in Online Gambling
The Australian government recently banned cryptocurrencies and credit cards in online gambling as part of its efforts to reduce risks associated with these activities. The rule, which took effect on June 11, was introduced so that digital betting would comply with land-based regulations banning credit card use for the same purpose. New Regulations and Fines […]
Industry
June 13, 2024
Tabcorp Fined With AU$270,000 for Underage Gambling in 13 Venues
At the end of May, we announced that the Victorian Gambling and Casino Control Commission (VGCCC) filed a series of charges connected to child gambling against Tabcorp. Fast forward to today, Australia’s largest gambling company with a staff of over 5,000 has been slapped with a fine of over AU$370,000 ($246,000) including costs after […]
Industry
June 13, 2024
Man Attempts to Blackmail the Star, Faces Permanent Injunction Order
An unsuccessful job applicant at the Star Entertainment’s Sydney Casino attempted to blackmail the leading operator earlier this year, a newly released report suggests. The blackmail attempt resulted in immediate legal action filed by the gambling operator that sought to protect customer data which the applicant threatened to release to the public. The case involves […]
Industry
June 7, 2024
SkyCity Adelaide to Pay $67 Million Money Laundering Fine
A landmark ruling by the Federal Court of Australia ordered SkyCity Adelaide to pay an AU$67 million ($44.1 million) fine for substantial breaches of anti-money laundering (AML) and counter-terrorism financing (CTF) laws, which occurred at its North Terrace casino. The venue reportedly failed to comply with legislative requirements and lacked crucial customer due diligence safeguards. […]
Lottery
June 7, 2024
Australian Lottery Player’s Luck Strikes Twice in 25 Years
One particularly lucky Sydney, Australia lottery player has experienced a very satisfying feeling of déjà vu after scoring his second major win two and a half decades after winning a similarly generous cash prize. The fortunate Australian gambler scooped up over $200,000 in the Lucky Lotteries Mega Jackpot draw held on Thursday after guessing all […]
Industry
May 30, 2024
Tabcorp in Court for Failing to Prevent Autistic Child from Gambling
Gambling affects a large part of the population in Australia. The activity is identified as a serious public health issue which is a prime reason for the recent overhaul of the gambling sector across the country. But while gambling can affect adults, it is also popular among children. Amid cases of children gambling, in January […]
Lottery
May 21, 2024
Advocates Warn NSW Lottery Growth Normalizes Gambling
Across Australia, gambling is quite popular and widely spread. Sadly, Australians are known as the world’s biggest losers as they report the highest losses per capita out of any other country around the world. While hundreds of millions of Australian dollars are lost to pokies, also known as the one-armed bandits in the country, the […]
Casino
May 21, 2024
Hard Rock Denies Bid for The Star Amid Acquisition Rumors
US hospitality giant Hard Rock International has denied rumors that it is planning to make a bid for the Australian casino giant The Star Entertainment Group. The speculations ran wild after some reports that a consortium of parties including Hard Rock’s Pacific branch had supposedly expressed interest in the embattled Australian company. Hard Rock International […]
Business
May 20, 2024
Hard Rock Eyes Acquisition of Star Entertainment
Star Entertainment, one of the largest gambling operators in Australia, was tangled into a prolonged investigation over alleged breaches related to anti-money laundering rules, among other issues. Amid the regulatory hurdle, the operator remains subject to scrutiny. Government-appointed managers seek to ensure compliance of the operator’s casinos, while back in March, the company announced leadership […]
