Australia

tabcorp

Tabcorp Settles the Dispute with Australian Taxation Office, Benefits about $83 Million

Vanja Mitic
Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, Sports betting, Taxation, Financial Press Releases
The largest gambling company in Australia, Tabcorp Holding Limited, settled the dispute it had with the Australian Taxation Office, which occurred because of the issues with the income tax treatment for many li...

Victorian Gambling And Casino Control Commission Imposes $1m Fine To Tabcorp For Failing To Comply With VGCCC Directions

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Technology, Licenses, Oceania Casino News, Crime, Licensing, Fines, Lawsuits & Litigation
Tabcorp, a flagship Australian gambling company/provider of betting and gaming products and services based in Melbourne, must pay a $1 million fine to the Victorian Gambling and Casino Control Commission (VGCCC...
stake

Australian Crypto Casino Stake.com Loses $40 Million in Hacker Attack

Vanja Mitic
Cryptocurrency, Australia, Casino News, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Technology, Mobile gaming, Bitcoin accepting properties, Sports betting, Online Gambling News
A huge exploit allegedly occurred when Stake, one of the most famous cryptocurrency casinos, was exploited. According to the renowned on-chain analyst Cyvers, the Ethereum network was the target and $16 million...

Victorian Gambling And Casino Control Commission Requests From Betting Providers To Stop Practice Of Encouraging Club Sponsorships

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, Gaming Industry News, Licenses, Sports betting, Online Gambling News, Oceania Casino News, Crime, Licensing
The Victorian Gambling and Casino Control Commission (VGCCC), the independent regulatory body for the Victorian gambling industry, has been informed of incidents where some online betting suppliers sign sponsor...

Star Entertainment Group Reveals FY23 Profit; Significantly Reduces Debt

Marija Malenovic
Latest Casino and Gambling News, Australia, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Casino moguls, Taxation, Oceania Casino News, Taxes, Financial Press Releases
Star Entertainment Group, an Australian-based gambling and entertainment company, revealed yearly earnings on August 29 as business continues to balance and profits grow in every segment, further helping the fi...

ALH Group Fined $550,000 For Non-Compliant Gaming Machines

Radosav Milutinovic
Australia, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Casino Cheating, World Casino News, Gaming Industry News, Technology, Online Gambling News, Oceania Casino News, Fines, Lawsuits & Litigation
Australian Leisure and Hospitality Group (ALH) was fined $550,000 after the Victorian Gambling and Casino Control Commission (VGCCC) prosecuted the major electronic gaming machine operator for breaching the sta...

95 Jobs Cut As Crown Sydney Shuts Down One Of Its Two Gaming Floors

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Casino closures, Casino moguls, Money Laundering, Licenses, Oceania Casino News, Crime, Labor Relations, Licensing
Crown Sydney, which is owned by Crown Resorts, has shut down one of its two gaming spaces and cut 95 jobs only a year following its opening. The only VIP casino for global gambling high-rollers: The casin...

Tabcorp Reveals 5% Market Share Growth; Exceeds FY23 Predictions

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Online Gambling News, Taxation, Mergers, Acquisitions & Partnerships, Oceania Casino News, Taxes, Financial Press Releases
Tabcorp, a flagship Australian gambling company/provider of betting and gaming products and services based in Melbourne, stake rose over 5% on Thursday following a report of net income $66.5 million after tax, ...

Legal Battle Between The Star And Multiplex Over Queen’s Wharf Cost Overruns

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, New Hotels, Casino openings, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Oceania Casino News, Crime, Fines, Lawsuits & Litigation
Long-lasting litigation over cost overruns at The Star Entertainment Group's Queen’s Wharf, a $3.6 billion mixed-use residential and entertainment development in Brisbane, has rocketed after Multiplex, the proj...

Liquor & Gaming NSW Issues Over AU$1.1M In Fines To Online Sportsbooks For Non-Legal Gambling Advertisements

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Australia, World Casino News, Gaming Industry News, Sports betting, Online Gambling News, Oceania Casino News, Crime, Fines, Lawsuits & Litigation
New South Wales' gambling regulator, the Liquor & Gaming NSW (L&GNSW), continues to crack down on the promotion of gambling and has imposed online sportsbooks with more than AU$1.1 million in fines for ...

The Star Sydney Negotiates Gaming Tax Rates to Generate AU$10 Million For The State in 2024

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino proposals, Australia, World Casino News, Gaming Industry News, Casino project updates, Online Gambling News, Taxation, Oceania Casino News
Australian casino giant Star Entertainment Group has negotiated an agreement with the New South Wales (NSW) state government to have the full implementation of poker machine duty rates in the operator's casinos...