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Industry
June 13, 2023
AUS: Ex-financial Advisor Allegedly Gambles with Investors’ Money
Problem gambling can lead to dire consequences for the people affected, including their families. People that have a difficult time controlling their gambling habit can get into debt or in some severe cases resort to crimes or even take their own life. In Australia, gambling is widely spread. So much, in fact, that hundreds of […]
Industry
June 12, 2023
Australia Getting Closer to Ban on Betting Advertising
Every year, Australians lose billions to gambling. With hundreds of millions lost on a monthly basis, gambling is quickly becoming a top health concern for the country. But while gambling is a broad term, it’s not only the pokie machines that result in millions of dollars in losses. Amid the growing popularity of sports betting, […]
Sports
June 12, 2023
Football Australia Reportedly Takes a Cut from Betting on Low-Tier Matches
The governing body of soccer, beach soccer and futsal in Australia, Football Australia, has been affiliated for decades with leading soccer competitions such as FIFA, AFF, as well as AFC. The body helps safeguard the integrity of games and monitors both amateur and international soccer competitions. But while monitoring is one thing, a report released […]
Casino
June 9, 2023
Blackstone Group Signals Confidence in Crown Melbourne Property
As a result, Blackstone will be investing in what it sees as a much-needed renovation in Crown Melbourne, following the $6.5-billion acquisition of Crown Resorts last year. This was carried out amid increased pressure on the property, as it faced probes into various offenses and breaches of Australia’s gambling laws. Blackstone Outlines Future Success of […]
Industry
June 7, 2023
Aussie Gambler Files Lawsuit after Losing $400K
With hundreds of millions lost to gambling on a monthly basis, the activity is identified as a public health problem in Australia. While different states try to implement changes to the regulatory framework, a large portion of the country’s population loses money to gambling on a daily basis, which in turn causes other issues such […]
Casino
June 6, 2023
Star’s Queen’s Wharf Brisbane Opening Postponed to April 2024
Queen’s Wharf Brisbane, an integrated resort that will operate the casino under the Star Entertainment Group’s brand and logo, was originally slated to open in December 2023, but delays in construction and regulatory headwinds have slowed down the completion rate. Queen’s Wharf Brisbane Will Experience Some Delay Presently, Destination Brisbane Consortium, which is in charge […]
Legal
June 5, 2023
ILGA Pondering Early Venue Closure to Prevent Problem Gambling
In February, the Liberal and Nationals New South Wales (NSW) government began paying more attention to poker machines spread throughout the state, taking into consideration a fully cashless strategy which had already received support from the NSW Police Commissioner in December 2022, and higher limitations on the use of the machines, as well as their […]
Business
June 2, 2023
Resorts World Sentosa’s Deputy CEO Lam Yi Young Resigns
While the company did not provide any official insights into the arguments for why Lam Yi Young decided to resign, the former CEO took to his LinkedIn account to offer a comprehensive explanation. Pursuing Other Interests Under the #TakingABreak tag, Young explained that he took a three-month break from his full-time work obligations at Resorts […]
Industry
June 1, 2023
Crackdown against Gambling in China Continues
Currently, China has strict laws when it comes to gambling. To ensure that there are no illegal gambling businesses making a profit, the country’s government constantly monitors different markets, conducts investigations and in some cases even raids. Now, a new report reveals that the Ministry of Public Security has been busy in the last six […]
Industry
May 31, 2023
Expert Says Additional Delays Threaten the IR Project in Nagasaki
A year has passed since Japanese prefectures Osaka and Nagasaki filed their applications with the national government for an integrated casino resort. The submission was completed right before the deadline set for the process. The process has gained traction at least for Osaka, which remained confident in the success of the integrated resort (IR) project, […]
