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Gambling News - 'Victoria'
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 […]
Lottery
October 9, 2023
Entrepreneur Adrian Portelli Defends Lottery Business Amid Investigations
Flamboyant businessman Adrian Portelli, widely recognized as “Mr. Lambo,” is facing scrutiny as his lottery business, LMCT+, comes under investigation in Victoria and South Australia. The business, founded by Portelli in 2018, is being probed for alleged violations of gambling laws, with regulators examining its operations closely. Portelli Reiterates Commitment to Tax Compliance Amid Business […]
Industry
September 12, 2023
Study Reveals Link Between Gambling Addiction and Suicides in Victoria
A recent study analyzing coroner’s court data has uncovered a disturbing link between gambling addiction and suicides in Victoria, Australia. Over an eight-year period, gambling addiction was identified as a contributing factor in 184 suicides, with the majority of cases involving men aged between 17 and 44. Calls for Immediate Gambling Ad Ban Emerge as […]
Legal
August 25, 2023
VGCCC Hands a $350,000 Fine to ALH over YourPlay Violations
The Victorian Gambling and Casino Control Commission (VGCCC) announced that it issued an AUD 550,000 ($353,540 in USD) fine to the Australian Leisure and Hospitality Group (ALH). According to the regulator, the gambling company had operated 220 gaming machines without mandatory pre-commitment technology (YourPlay) installed, violating Victoria’s gambling laws. In addition to paying the fine, […]
Sports
August 4, 2023
Gambling Regulator in Victoria Bans Bets on Sports with Minors
The gambling regulator in Victoria, Australia, the Victorian Gambling and Casino Control Commission (VGCCC), announced it implemented a major change affecting betting on sports with the participation of minors. On Thursday, the gambling watchdog unveiled that it will prohibit the offering of betting on all under 19 sports competitions. Additionally, the VGCCC said that it […]
Industry
July 17, 2023
Australia: Victoria Introduces Restrictions for EGMs
Widely spread across Australia, gambling represents a serious health concern, considering that hundreds of millions are lost every month to the activity, resulting in losses that surpass billions annually. In Victoria, some AU$7 billion ($4.8 billion) is lost to gambling annually. But besides lost money, excessive gambling brings harm to families and at the same […]
Esports
July 3, 2023
ESIC, Victoria Police to Crack Down on Match-Fixing in Esports
The Esports Integrity Commission (ESIC) revealed that it has signed a Letter of Arrangement with the Victoria Police in February this year. Under the agreement, the two bodies will exchange information about suspicious betting activity in order to combat match-fixing in esports. As outlined in the letter, the Victoria Police’s Sporting Integrity Intelligence Unit (SIIU) […]