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Gambling News - 'Victoria'
Industry
June 20, 2024
Victoria to Introduce AUD 50 Loss Limit and Overhaul Pokies Venues’ Tax Breaks
The Australian state of Victoria is set to introduce a daily loss limit on poker machines in an attempt to diminish the negative impact associated with pokies. Additionally, Victoria plans to introduce an overhaul of the controversial tax cuts for gambling properties, The Guardian Australia reported. The changes were outlined in an agreement between the […]
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 […]
Industry
May 13, 2024
Victoria Considers Limits on Working Hours for Pokies
Currently, gambling is identified as a serious public health issue in Australia. Regretfully, Australians have the highest losses per capita out of any other country across the globe and the billions lost to gambling annually are a stark reminder. Amid concerns about excessive gambling and millions lost every month, Australia anticipates changes to its gambling […]
Industry
April 15, 2024
VGCCC Hands $32K Fine to BlueBet over Illegal Billboard Ads
The Victorian Gambling and Casino Control Commission (VGCCC) has fined BlueBet, ordering it to pay the regulator’s agreed costs. According to the official announcement, the gambling operator was found guilty of 43 charges of displaying gambling advertising on or above a public road. For reference, such display of gambling advertisements is illegal in the Australian […]
Industry
April 8, 2024
Victoria Implements Tougher Standards for Sportsbook Player Statements
Several years ago, the gambling regulator in Victoria, Australia, the Victorian Gambling and Casino Control Commission (VGCCC), initiated a review of the monthly statements provided by betting operators in the jurisdiction. Last summer, the gambling watchdog issued an Activity Statement Expectations Guide and requested feedback from the licensees. Implementing changes to the way operators present […]
Legal
April 2, 2024
Victoria Court Convicts Manager with Gambling Addiction in Fraud Scheme
In a recent ruling by Australia’s County Court of Victoria, a manager has been sentenced for a series of fraudulent activities spanning over a decade. The individual, whose identity has not been disclosed, was employed at a company providing business management, tax services, and royalty accounting to clients in the music, hospitality, and entertainment sectors. […]
Industry
January 12, 2024
Concerned Parents Spark Push for Gambling Ad Ban in Victoria
Identified as a public health issue, gambling is widely spread across Australia. Annually, Australians spend billions of dollars on different forms of gambling, including sports betting. Gambling ads contribute toward the record losses, but the country’s federal government is currently exploring options for a reform of the sector. Labor MPs have previously proposed a ban […]
Industry
December 19, 2023
Tabcorp Makes History, Secures 20-Year License in Victoria
Australian betting giant Tabcorp has prevailed over its competitors, successfully securing a license to operate retail betting in Victoria. After an intense bidding process, the company secured the 20-year license that would allow it to continue offering wagering at TAB shops and clubs. Under the new deal with the Victorian government, Tabcorp will have to […]
Business
December 13, 2023
Crown’s CEO Is Under Investigation for Reinstating Removed Patrons
Ciaran Carruthers, the chief executive officer of the Australian casino and hospitality leader Crown Resorts, is under investigation over allegations that he allowed removed patrons back into the company’s properties. The company’s board has launched an investigation to see if the allegations are correct. As reported by The Australian Financial Review, Carruthers is suspected of […]
Casino
November 3, 2023
Victorian Clubs Exploit Loophole to Get Tax Cuts
Poker machine properties in Victoria seem to be exploiting the local laws to avoid taxes. As reported by The Guardian, venues have spent $184 million of gambling profits on themselves over the last financial year to get tax cut. The clubs in question justified the money as a “community benefit.” For reference, Victoria allows clubs […]