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Business
April 7, 2025
Star Entertainment Accepts Bally’s AU$300M Rescue Deal
Australia’s embattled casino operator, Star Entertainment Group, received a lifeline from Bally’s Corporation early last month. At the time, the latter company proposed AU$250 million ($158 million) to help the former and become a major shareholder. The announcement came after Star failed to disclose its six months results for the period ended December 31, 2024, […]
Legal
April 2, 2025
Entain Accused of Neglecting Money Laundering Red Flags in Australia
The parent company of Ladbrokes and Neds, Entain, is facing scrutiny in Australia, where the body responsible for preventing, detecting and responding to criminal abuse of the financial system, the Australian Transaction Reports and Analysis Centre (AUSTRAC), claims the company systemically breached the country’s anti-money laundering (AML) laws and failed to conduct proper checks for […]
Industry
March 31, 2025
Is Australia’s Lucky Box Encouraging Children to Gamble?
The famous bright-yellow vending machines decorated with popular cartoon characters called Lucky Boxes stand out in no less than 35 locations spread across the east coast of Australia. They dispense neatly stacked boxes containing surprises ranging from PlayStation 5s and Xbox consoles to smaller items like movie tickets and phone chargers. The mystery prizes are […]
Business
March 24, 2025
Billionaire Pub Baron Mathieson Endorses Bally’s Bid for the Star
One of the world’s leading entertainment companies recognized for its “innovation, energy, and dedication to creating thrilling gaming experience,” Bally’s Corporation, has received endorsement from Star Entertainment Group’s largest shareholder in its bid to take control of the struggling Australian casino operator. Billionaire Pub Baron Bruce Mathieson Supports Bally’s Offer According to local reports, Bruce […]
Casino
March 20, 2025
Victoria Set to Debate Mandatory Carded Play Bill
A series of regulatory missteps that has embroiled Star Entertainment and Crown Resorts into year-long scrutiny, bringing at least one of the companies on the brink of bankruptcy, has now prompted Victoria to once again consider carded play as a viable option to make gambling in all of its forms safer. Victoria Set to Debate […]
Lottery
March 18, 2025
Australia: Couple Finally Takes Honeymoon After $1.6M Jackpot
An incredibly fortunate couple from Stawell, Australia, is looking forward to their honeymoon after winning a life-changing AU$1.6 million ($1.01 million) lottery prize. The lucky couple holds one out of the three division one winning entries from TattsLotto’s draw on Saturday. The Couple Plans to Go On a Honeymoon, Despite Being Married for Two Decades […]
Industry
March 17, 2025
New South Wales: Fight Against Illegal Gambling Continues
Tough restrictions on gambling may bring more harm than good. That’s the opinion of pro-gambling advocates, including casino operators and even gambling experts. Australia is no exception and while one of its states, New South Wales (NSW), seeks to combat problem gambling and crimes such as money laundering, enhanced restrictions are pushing some gamblers to […]
Industry
March 13, 2025
Sportsbet CEO Owns Up to Past Mistakes in Advertising and Integrity Failures
Sportsbet CEO Barni Evans has owned up to the company’s big slip-ups in how it handled ads and its duty to protect major sports’ integrity. At an industry event in Sydney, Evans looked back on the company’s history admitting they got caught up in a fierce ad race while ignoring more urgent issues. Sportsbet CEO […]
Business
March 10, 2025
Bally’s Steps in with AU$250M Offer to Help Star Entertainment
Shortly after announcing an agreement to sell half of the shares of its recently opened Brisbane casino at Queens’ Wharf, Australia’s troubled casino and entertainment operator, Star Entertainment, announced it has received a cash injection proposal from Bally’s Corporation. Bally’s Corporation Proposes an Alternative Path That May Benefit The Star Late last month, the former […]
Lottery
March 7, 2025
Aussie Man Cries Tears of Joy Over $10M Powerball Win
Every lottery player hopes to win big. To the lucky few that can experience the joy of winning a life-changing prize, they will likely never forget that feeling. Such is the case for a Queensland, Australia man who was overwhelmed with emotions after a mind-boggling AU$10 million ($6.3 million) Powerball win. Single Division One Winning […]
