Australia

March 3, 2023

Latest Casino and Gambling News, Australia, Casino News, World Casino News, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases, United Kingdom

Sportsbet, a corporate bookmaker, claims to have maintained the leading position in the Australian sports betting market over the year 2022. The company says that it reached a market share of 48 % despite the f...

Pokie Billionaire Bruce Mathieson Acquires 10 % Stake in Star Entertainment

March 3, 2023

Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Casino moguls, Poker, Mergers, Acquisitions & Partnerships, Oceania Casino News

Poker machine billionaire Bruce Mathieson has acquired up to a 10% stake in Star Entertainment, one of Australia’s leading gambling and entertainment companies, to expand his pokies share across the entire juri...

Star Entertainment Collects $545M After Record Statutory Loss; Suspends Dividends

February 23, 2023

Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Economy/Finance, Money Laundering, Conferences / Trade Shows, Licenses, Taxation, Oceania Casino News, Crime, Licensing, Fines, Lawsuits & Litigation, Taxes, Financial Press Releases

Star Entertainment Group, one of Australia's leading gambling and entertainment companies based in Brisbane, has publicly announced that it is collecting AUD$800 million, which is approximately 545 million US d...

Australian Communications and Media Authority

BetDeluxe Has to Pay a Fine of AU$50.172 Because of Breaching Advertising Rules

February 22, 2023

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Casino News, Online gambling regulation, Gaming Industry News, Online Gambling News, Sports betting, Crime, Fines, Lawsuits & Litigation

Noah Rose, the sole trader trading as BetDeluxe, one of the leading online sportsbooks from Australia that creates premium sports betting solutions and applications, needed to pay a fine worth AU$50.172 (US$34....

Tabcorp’s High Post-COVID Revenue Thanks to Return of Retail Customers

February 21, 2023

Australia, Latest Casino and Gambling News, World Casino News, Economy/Finance, Sports betting, Online Gambling News, Oceania Casino News, Financial Press Releases

On Tuesday, February 21, Tabcorp, a flagship Australian gambling company/ provider of wagering and gaming products and services based in Melbourne, reported $52 million in net profit for the half ended December...

First Photo of Sky Deck at the Queen’s Wharf Brisbane Is Finally Here

February 20, 2023

Latest Casino and Gambling News, Casino Destinations, Australia, Casino News, New Hotels, Casino project updates

After a long period of speculation and expectation, we finally got to look at the Sky Deck at the Queen’s Wharf Brisbane. This integrated resort will cost $3.6 billion, and its opening is planned for the second...

United Workers Union Calls on NSW Government to Negotiate Acceptable Casino Duty Rates

February 17, 2023

Casino proposals, Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino project updates, Money Laundering, Employment & Careers, Poker, Taxation, Oceania Casino News, Fines, Lawsuits & Litigation

An influential Australian trade union has signalized to the New South Wales (NSW) government that the state's intention to significantly increase casino duty rates from 1 July 2023 will result in lost jobs in t...

SkyCity Entertainment Group’s Revenue Surged 167% After Post-Lockdown Recovery; SkyCity Adelaide faces money laundering charges

February 15, 2023

Casino News, Latest Casino and Gambling News, Australia, World Casino News, New Zealand, Money Laundering, Economy/Finance, Conferences / Trade Shows, Oceania Casino News, Crime

SkyCity Entertainment Group, a flagship gambling and entertainment company based in Auckland, New Zealand, turned its previous temporary loss of $33.7 million into a profit of $22.8 million after its operations...

Star Entertainment Group Warned to Pay up A$1.6 billion

February 13, 2023

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Casino News, Gaming Industry News, Economy/Finance

Star Entertainment Group, a famous casino from Australia, must pay A$1.6 billion, or US$1.11 billion. The casino was warned on Monday, and the charge refers to New South Wales' first-half revenue from a casino ...

The Star Served with Misconduct Claim in Financial and AML State Investigations

February 8, 2023

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Casino News, World Casino News, Gaming Industry News, Money Laundering, Licenses, Oceania Casino News, Fines, Lawsuits & Litigation, Financial Fraud

Australian giant casino operator, The Star, has been served this week with another statement of claim for a securities class action in the Supreme Court of Victoria. The latest lawsuit is the second this week s...

Dabble Completes Purchase of Mobile Sports Betting Platform Moneyball Australia

February 6, 2023

Casino Sales, Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Technology, Economy/Finance, Conferences / Trade Shows, Online Gambling News, Sports betting, Oceania Casino News, Mergers, Acquisitions & Partnerships

Following the acquisition of a 20% stake interest in Dabble Sports for Aus$33.0m by Australian gaming group, Tabcorp, Dabble, Australia's leading online betting brand, has completed the purchase of daily mobile...

The Deal Between IG Acquisition Corp. and PlayUp Terminated

January 10, 2023

Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Oceania Casino News, Mergers, Acquisitions & Partnerships

The mobile gaming platform PlayUp and IG Acquisition Corp. announced that they decided to terminate their business agreement. IG Acquisition Corp. will liquidate its trust instead. IG Acquisition Corp d...

Aquis Entertainment finalizes US$42 million sale of Casino Canberra to Iris Capital

January 4, 2023

Casino Sales, Casino proposals, Australia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, New Hotels, World Casino News, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News, Oceania Casino News, Licensing

Australia-based Aquis Entertainment has officially announced that it has finalized the sale of its entire subsidiary, Canberra-based Aquis Canberra Pty Ltd, better known as the Casino Canberra site, to Iris CC ...

PointsBet discusses the sale of its Australian operations to News Corp’s vertical Betr