Australia

The Star Entertainment Group Limited probe hears disturbing evidence

March 18, 2022

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Crime, Fines, Lawsuits & Litigation

In Australia and the value of shares in local casino operator The Star Entertainment Group Limited reportedly dropped to a 17-month low yesterday following news that the firm may have hid gambling transactions ...

The Star Entertainment Group Limited examination is going public

Adam Morgan

March 11, 2022

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Crime, Fines, Lawsuits & Litigation

In Australia and the gaming regulator for the state of New South Wales has announced that it will be holding public hearings from Thursday as part of its investigation into casino operator The Star Entertainmen...

Flutter Entertainment heralds dominant SportsBet.com.au position

Adam Morgan

March 2, 2022

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

In Australia and the firm behind the online sportsbetting domain at SportsBet.com.au has reportedly announced that the site now holds an over 50% share of the nation’s domestic sports wagering market thanks to ...

Crown Resorts Limited being sued in Federal Court by AusTRAC

Adam Morgan

March 1, 2022

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Crime, Fines, Lawsuits & Litigation

The anti-money laundering watchdog for Australia has reportedly commenced civil penalty proceedings against Crown Resorts Limited over the casino operator’s alleged failure to comply with a range of federal fin...

The Star Entertainment Group Limited chalks up a half-year net loss

Adam Morgan

February 17, 2022

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Casino project updates, Economy/Finance

In Australia and local casino operator The Star Entertainment Group Limited reportedly recorded a net loss of about $53.2 million for the final six months of last year owing to coronavirus-related capacity rest...

Crown Resorts Limited acceptance for The Blackstone Group Incorporated

Adam Morgan

February 14, 2022

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

American private equity management firm The Blackstone Group Incorporated has reportedly had its about $6.35 billion takeover offer for Crown Resorts Limited accepted by the Australian casino operator’s board o...

Sportsbet fined $3.7m after illegally spamming customers with gambling messages during lockdown

Sadonna Price

February 10, 2022

Latest Casino and Gambling News, Australia, Sports betting, Fines, Lawsuits & Litigation

Sportsbet, the largest online betting company based in Australia, has found itself in a bit of hot water for actions during the COVID-19 lockdowns. The firm must pay a $3.7 million fine after it was found spamm...

Australian online sportsbetting license for Rivalry Corporation

Adam Morgan

February 9, 2022

Online gaming software, Latest Casino and Gambling News, Australia, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Fantasy eSports, Licensing

Canadian online sportsbetting operator Rivalry Corporation has announced that it has been granted a license that will allow it to start offering a wide range of its services to punters located across the length...

New South Wales regulator chasing Melco Resorts and Entertainment Limited

Adam Morgan

February 7, 2022

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

In Australia and the gaming regulator for the state of New South Wales has reportedly launched legal proceedings against Asian casino operator Melco Resorts and Entertainment Limited in an attempt to recover ap...

New South Wales implementing temporary measures on casino regulation

Adam Morgan

January 14, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Gaming Industry News, Money Laundering, Mergers, Acquisitions & Partnerships, Crime

In Australia and the government for the state of New South Wales has reportedly announced the introduction of a range of interim measures that have been designed to better regulate the local casino and gaming m...

The Blackstone Group Incorporated upping its Crown Resorts Limited interest

Adam Morgan

January 13, 2022

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Crime

American private equity management firm The Blackstone Group Incorporated has reportedly increased its bid to take over Australian casino operator Crown Resorts Limited by another $300 million. According to ...

Crown Resorts Limited looking to open Crown Sydney casino ‘early in the new year’

Adam Morgan

December 13, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Casino News, New Hotels, Gaming Industry News, Casino project updates, Money Laundering, Economy/Finance, Licenses, Crime

In Australia and beleaguered casino operator Crown Resorts Limited has reportedly announced that it is now hoping to premiere the gambling element within its new Crown Sydney development ‘early in the new year’...

The Blackstone Group Incorporated takeover offer rebuffed by Crown Resorts Limited

Adam Morgan

December 2, 2021

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Crime

In Australia and casino operator Crown Resorts Limited has reportedly rejected an improved takeover proposal from American private equity management firm The Blackstone Group Incorporated. According to a rep...

New South Wales regulator highlighting video slot money laundering threat

Adam Morgan

November 29, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Gaming Industry News, Money Laundering, Economy/Finance, Conspiracy, Crime

In Australia and the Chief Investigator for the Liquor and Gaming New South Wales regulator has reportedly asserted that his state’s 95,000 video slots are being used to illegally launder ‘hundreds of millions’...

The Blackstone Group Incorporated again sweetens its Crown Resorts Limited buyout proposal

Adam Morgan

November 19, 2021

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Economy/Finance, Illegal Bookmaking, Licenses, Mergers, Acquisitions & Partnerships, Crime

American private equity management firm The Blackstone Group Incorporated has reportedly lodged a second improved offer in its effort to take over beleaguered Australian casino operator Crown Resorts Limited. ...