Tag Archives Australian

Australian competition watchdog okays planned iGaming merger

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The competition regulator for Australia has reportedly informally approved the planned merger of Irish sportsbetting giant Flutter Entertainment with Canadian compatriot The Stars Group Incorporated. According to a short report from The Irish Times newspaper, authorization from the Australian Competition and Consumer Commission is a necessary step before the two can complete their amalgamation ...

Australian legal victory for Melco Resorts and Entertainment Limited

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In Australia and casino operator, Melco Resorts and Entertainment Limited, has reportedly won a legal challenge tied to the ongoing probe into its suitability to purchase an increased stake in local compatriot Crown Resorts Limited. According to a report from GGRAsia citing a story from The Australian Financial Review newspaper, the Hong Kong-based firm ...

Australian bookmaker benefitting from American market entry

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Australian retail and online bookmaker PointsBet Holdings Proprietary Limited has released is financial results for the final three months of 2019 showing that it had experienced substantial increases in turnover, net win and registered customers. The Sydney-listed firm used an official January 31 filing (pdf) to detail that its fourth-quarter turnover had risen by ...

Australian iGaming operator falls foul of player inducement rules

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In Australia and online casino operator Betchoice Corporation Proprietary Limited has reportedly been ordered to pay a fine of just over $17,000 after being found guilty of breaking New South Wales regulations when it comes to player inducements. According to a report from European Gaming Media and Events, the Northern Territory-licensed firm is responsible ...

Australian online sportsbetting firm criticized over self-exclusion flaws

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In Australia and the operator behind the PlayUp online sportsbetting brand has reportedly come under fire after it emerged that the firm may have allowed self-excluded players to continue placing wagers. According to a Friday report from The Guardian newspaper, PlayUp Interactive Proprietary Limited is licensed by regulators in the Northern Territory and was ...

The Stars Group Incorporated purchasing Australian sportsbetting firm

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Prominent online casino operator, The Stars Group Incorporated, has announced the signing of an agreement that is to see it pay approximately $103.21 million in order to acquire a 20% stake in Australian sportsbetting firm, BetEasy Proprietary Limited. The Canadian company used an official Tuesday press release to detail that the deal is to ...

Australian watchdog being given new powers to combat illegal online gambling

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The communications watchdog for Australia will reportedly soon have new capabilities that will allow it to crack down on unscrupulous online gambling websites via the implementation of local banning orders. According to a Monday story from The Guardian newspaper citing an earlier report from the Australian Associated Press news service, Australians regularly spend around ...

Suncity Group to close Australian junket operations

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Asian junket firm, Suncity Group, has reportedly decided to abandon the Australian casino market following allegations that its VIP operations in Melbourne and Sydney may have aided Chinese organized crime syndicates in illegally laundering money. According to a report citing an earlier story from The Age newspaper, the revelation follows the initiation of an ...

Suncity Group Holdings Limited refutes Australian investigation rumors

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Asian casino firm, Suncity Group Holdings Limited, has reportedly released an official statement to refute recent claims that it is being investigated by authorities in Australia over alleged links between its controlling shareholder and Chinese organized crime syndicates. Scrutiny stories: According to a Monday report, the Hong Kong-listed firm’s apparently name came up late ...

Australian officials initiate investigation into casino junket operators

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In Australia and law enforcement officials have reportedly launched a special investigation into whether overseas junket operators may be aiding Chinese organized crime syndicates by using the nation’s casinos to illegally launder money. Contentious claims: According to a Friday report from GGRAsia citing earlier stories from The Age and The Sydney Morning Herald newspapers, ...