Oceania Casino News

Star Entertainment Reports Massive Loss Amid Regulatory Changes

Vanja Mitic
Gaming Law & Legislation, Casino Destinations, Australia, Latest Casino and Gambling News, Unsavory reports, World Casino News, Gaming Industry News, Economy/Finance, Oceania Casino News, Financial Press Releases
Australia's Star Entertainment Group has disclosed a significant statutory loss for the fiscal year ending June 30, 2024. The reported loss amounts to AU$1.69 billion (US$1.16 billion). This substantial financi...

Star Entertainment Given Two Weeks to Respond to Show Cause Notice Issued by NICC

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Unsavory reports, Gaming Industry News, Economy/Finance, Unlicensed Operation, Fines, Lawsuits & Litigation, Financial Fraud
The Star Entertainment Group has received a stern "show cause" notice from the New South Wales (NSW) Independent CasiSno Commission (NICC), compelling the casino operator to justify its fitness to maintain its ...

High-Stakes Drama: Singaporean High-Roller Ordered to Repay Millions to Australian Casino

Vanja Mitic
Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation, Singapore
In a tale weaving through the grandeur of international casinos, Dr. Wong Yew Choy, a Singaporean high-roller, has found himself in a legal entanglement demanding the repayment of a colossal sum of A$38.7 milli...

Star Entertainment’s Trading Suspension Amid Financial Delays and Regulatory Concerns

Johnny K.
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Australia, World Casino News, Gaming Industry News, Economy/Finance, Oceania Casino News, Fines, Lawsuits & Litigation
Shares of Star Entertainment Group have been temporarily suspended from trading on the Australian Securities Exchange (ASX) as the company failed to meet the deadline for submitting its annual financial results...

Network Ten Faces Sanctions for Gambling Ad Breaches During Live Sports

Vanja Mitic
Gaming Law & Legislation, Australia, Latest Casino and Gambling News, Online gambling regulation, World Casino News, Gaming Industry News, Mobile gaming, Online Gambling News, Sports betting, Oceania Casino News, Fines, Lawsuits & Litigation
The Australian Communications and Media Authority (ACMA) recently sanctioned Network Ten's streaming service, 10 Play, for non-compliance with gambling advertising regulations during two high-profile live sport...