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JPMorgan Ends Stake in Star Entertainment Amid Ongoing Turmoil

December 23, 2024

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

JPMorgan Chase has divested its stake in Star Entertainment, an Australian casino group grappling with mounting regulatory, operational, and financial difficulties. The gaming company’s recent exchange filing c...

Australia Revises R&D Tax Policy, Excludes Gambling Activities

Vanja Mitic

December 19, 2024

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Gaming Industry News, Taxation

The Australian government has announced that gambling and tobacco-related activities will no longer qualify for the Research and Development (R&D) Tax Incentive, a policy aimed at fostering innovation and b...

BetMakers Extends Partnership With Racing and Wagering Western Australia

Johnny K.

December 17, 2024

Australia, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Technology, Horse Racing, Sports betting, Oceania Casino News, Mergers, Acquisitions & Partnerships

BetMakers Technology Group has announced the renewal of its longstanding partnership with Racing and Wagering Western Australia (RWWA), the governing body for thoroughbred, harness, and greyhound racing in West...

Australian Authorities File Legal Action Against Entain Over AML Failures

Vanja Mitic

December 16, 2024

Australia, Casino News, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Unsavory reports, Online gambling regulation, Gaming Industry News, Mobile gaming, Sports betting, Online Gambling News, Fines, Lawsuits & Litigation

Australian authorities have initiated legal proceedings against Entain, the global gambling operator behind brands like Ladbrokes and Coral, over alleged non-compliance with anti-money laundering (AML) and coun...

NSW Intensifies Efforts to Keep Minors Out of Casinos During Holiday Season

Johnny K.

December 16, 2024

Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, Gaming Industry News, Oceania Casino News, Fines, Lawsuits & Litigation

Liquor & Gaming New South Wales (L&GNSW) has launched a dedicated compliance initiative to prevent minors from accessing casinos, gambling, or consuming alcohol in the Australian state during the busy h...

Calls for Snapchat to Remove Sportsbet Ads Over Gambling Risks

Johnny K.

December 11, 2024

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, World Casino News, Gaming Industry News, Sports betting, Oceania Casino News

Australian politicians have called for the immediate removal of Sportsbet advertisements from Snapchat, expressing concerns about their potential influence on young people. These ads, featuring interactive filt...

NSW Gambling Reform Sparks Debate Over Cashless Gaming Trial and Industry Impact

Vanja Mitic

December 4, 2024

Australia, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News

A pivotal report aimed at overhauling New South Wales' gambling landscape has become the center of a heated debate. The Independent Panel on Gambling Reform, after conducting a cashless gaming trial, has faced ...

Steve McCann Takes Helm at The Star Entertainment Group Amid Challenges

Vanja Mitic

December 2, 2024

Australia, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Employment & Careers

The Star Entertainment Group has welcomed Steve McCann as its new Managing Director and CEO, effective from 2 December 2024, following comprehensive regulatory approval. McCann's leadership transition follows N...

VGCCC Strengthens Gambling Oversight in 2023–24 Annual Report

Vanja Mitic

November 28, 2024

Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Crime, Fines, Lawsuits & Litigation

The Victorian Gambling and Casino Control Commission (VGCCC) reported a tough stance on gambling misconduct in its 2023–24 Annual Report, which was presented to the Parliament of Victoria. The year saw the regu...

Victoria Moves Forward with Carded Play and Stricter Gambling Reforms

Johnny K.

November 26, 2024

Gaming Law & Legislation, Australia, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Oceania Casino News

The Victorian government has introduced a legislative framework to roll out carded play on electronic gaming machines (EGMs) across the state, aiming to reduce gambling-related harm and enhance player protectio...

Australia: Gambling Ad Ban Delays Spark Parliamentary Outrage and Mixed Ministerial Responses

Johnny K.

November 25, 2024

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, World Casino News, Online gambling regulation, Gaming Industry News, Oceania Casino News

The Australian government’s decision to delay plans for gambling advertisement reforms has ignited frustration in parliament and raised questions about the conflicting views among its ministers. The proposed me...

Tasmanian Government Delays Implementation of Cashless Pokies Card Amidst Controversy

Vanja Mitic

November 20, 2024

Gaming Law & Legislation, Australia, Latest Casino and Gambling News, World Casino News, Technology, Tazmania, Oceania Casino News

In a move that has sent shockwaves through Tasmanian politics, the government has postponed the implementation of its pioneering cashless pokies card, citing the need to align with other states for a cohesive p...

Australia’s Online Betting Firms Ramp Up Election-Related Ads

Vanja Mitic

November 14, 2024

Latest Casino and Gambling News, Australia, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News

In the week leading up to the recent US election, Australia's major online gambling operators significantly increased their advertising spending, focusing on novelty bets that captured public intrigue. Operator...

Tabcorp Faces $262,000 Penalty for Allowing Illegal In-Play Bets

Johnny K.

November 13, 2024

Australia, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Online Gambling News, Sports betting, Oceania Casino News, Fines, Lawsuits & Litigation

The Australian Communications and Media Authority (ACMA) recently imposed a substantial $262,920 fine on Tabcorp Holdings Limited after discovering the company had accepted illegal in-play sports bets. The regu...

Aristocrat Shifts Focus to Real-Money Gaming with $820M Sale of Plarium

Johnny K.

November 12, 2024

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

Australian gaming leader Aristocrat Leisure Limited has finalized the sale of its mobile game development subsidiary, Plarium Global, to Modern Times Group (MTG) in a deal valued at up to $820 million. This tra...

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JPMorgan Ends Stake in Star Entertainment Amid Ongoing Turmoil

Australia Revises R&D Tax Policy, Excludes Gambling Activities

BetMakers Extends Partnership With Racing and Wagering Western Australia

Australian Authorities File Legal Action Against Entain Over AML Failures

NSW Intensifies Efforts to Keep Minors Out of Casinos During Holiday Season

Calls for Snapchat to Remove Sportsbet Ads Over Gambling Risks

NSW Gambling Reform Sparks Debate Over Cashless Gaming Trial and Industry Impact

Steve McCann Takes Helm at The Star Entertainment Group Amid Challenges

VGCCC Strengthens Gambling Oversight in 2023–24 Annual Report

Victoria Moves Forward with Carded Play and Stricter Gambling Reforms

Australia: Gambling Ad Ban Delays Spark Parliamentary Outrage and Mixed Ministerial Responses

Tasmanian Government Delays Implementation of Cashless Pokies Card Amidst Controversy

Australia’s Online Betting Firms Ramp Up Election-Related Ads

Tabcorp Faces $262,000 Penalty for Allowing Illegal In-Play Bets

Aristocrat Shifts Focus to Real-Money Gaming with $820M Sale of Plarium

Swoll Slot: Shady Lady’s Gym-Themed Monster with Big Wins and Wild Features

Hong Kong Stock Exchange Finds Andrew Lo Unfit After Tigre de Cristal Sale Controversy

MIXI Completes $430M Acquisition of PointsBet, Takes Majority Control

Robinhood Challenges Massachusetts Regulators in Court Over Sports Prediction Markets

Investors Sue Over Failed $130M Tinian Casino Development