On Monday, banking group JP Morgan issued a note that was a response to the envrionmental, social, and governance (ESG) claims that when it came to Aristocrat Leisure LTD, the focus was slightly shifted to different areas rather than ones that concerned traditional casino and betting operators. The accusations against the slot machine and iGaming provider came from a number of gaming companies listed in Australia. However, in its note, JP Morgan praised Aristocrat’s operations, noting that not only does the company educate players about responsible gambling, trains its employees,…
Read MoreAuthor: Olivia Cole
ACMA Finds Two Australian Broadcasting Networks in Violation of Gambling Advertising Rules
The Australian Communications and Media Authority (ACMA) announced that two major Australian commercial free-to-air television networks – Seven Network (also known as Channel Seven) and Nine Network, which is the second highest-rated television network in the country after Seven Network – were found to have violated gambling advertising rules. Allegedly, the two Australian TV networks have shown gambling promotions to local customers during sporting events. As unveiled by an investigation carried out by the country’s communications and media regulator body, Seven Network aired a total of 49 betting promotions throughout…
Read MoreACMA Urges Local ISPs to Ban Las Atlantis and Cloudbet for Offering Illegal Online Gambling Services
The Australian Communications and Media Authority (ACMA) continues to use its enforcement powers to crack down on the illegal gambling industry in the country. The regulator has demonstrated relentlessness in its pursuit of gambling operators that have been targeting Australians with their unlicensed services for years. This time, the ACMA has turned to the local Internet Service Providers (ISPs) asking them to block even more illegal offshore online gambling platforms, with the latest targets of the regulatory action including Cloudbet and Las Atlantis. According to the communications and media regulatory…
Read MoreSingle Customer View Programme Implemented by the UKGC to Help Operators Reduce Gambling-Related Harm
The UK Gambling Commission (UKGC) remains focused on implementing further pressure on the local gambling industry. The latest addition to the strict regulatory measures faced by the sector is a pilot programme of a “single customer view” that all gambling companies will be required to share. At the time he appeared before the International Association of Gaming Regulators (IAGR) on October 18th, the CEO of the UK gambling watchdog, Andrew Rhodes, announced that the programme’s trial is currently pending. The trial, which will put player data into a single pool…
Read MoreStar Entertainment’s Sydney Casino Dodges Shutdown but Faces Licence Suspension and Unprecedented AU$100-Million Fine
The gambling industry in Australia once again demonstrated that it is too big to fail. The flagship Sydney casino of the Star Entertainment Group dodged a shutdown, although its operating permit will be suspended as of October 21st, and the owner will face an unprecedented monetary fine of AU$100 million. Following some rumours that emerged over the weekend, the beginning of the week saw the NSW Independent Casino Commission (NICC) officially announce its decision to impose the whopping monetary penalty and cease the operating permit of the casino. The measures…
Read MoreNSW Casino Regulator Expected to Impose AU$100-Million Fine on The Star Sydney after Serious Violations Findings
The gambling regulator in New South Wales (NSW) is to impose a record AU$100-million fine on The Star Sydney because of the casino operator’s failure to hold back money laundering and other criminal activity from its casinos. According to reports of local media hubs, including The Sydney Morning Herald, sources familiar with the matter confirmed that the Independent Casino Commission will hand down its final decision on October 17th, when the new chief executive officer of The Star Entertainment, Robbie Cooke, is also set to take over the reins of…
Read MoreNSW Gambling Regulator May Investigate New Sports Betting Operator betr for Potential Advertising Law Breach
The new sports betting group betr may face a probe rolled out by New South Wales’ (NSW) gambling regulator two days after the company started operation. The rumours of the potential investigation followed the operator’s advertising of 100-1 odds for the Melbourne Cup that is set to take place on November 1st. The adverts were published in local tabloids owned and run by News Corp on October 13th and October 14th, pledging to offer the aforementioned lucrative odds for every runner in the Melbourne Cup with a maximum wager of…
Read MoreNew Star Entertainment CEO to Take Over on October 17th and Lead the Company into Major Corporate Culture Overhaul
Robbie Cooke is set to officially step into the role of the new chief executive officer of Star Entertainment Group on October 17th, at a time when the Australian casino giant is preparing itself for a major corporate culture overhaul. The appointment of Mr Cooke was officially announced in June 2022, after the former company’s boss Matt Bekier decided to step down after the public inquiry carried out into the company by the gambling regulatory body of New South Wales (NSW) revealed that the casino operator encouraged money laundering and…
Read MoreNSUS Limited to Pay £672,829 Regulatory Fine Following UKGC Investigation Finds AML and Social Responsibility Failures
The UK Gambling Commission announced that NSUS Limited is set to pay a monetary penalty worth £672,829 as a result of some anti-money laundering and social responsibility failures. The gambling company – which trades as GGPoker and operates the ggpoker.co.uk platform – is set to also receive an official warning for the failures. The country’s gambling regulatory body revealed that the operator violated some social responsibility and anti-money laundering rules, so that it had exposed its customers to risk. After the Gambling Commission undertook a review of the operating licence…
Read MoreGovernment of Western Australia Appoints Independent Monitor to Oversee the Crown Perth Casino
The state government of Western Australia has unveiled the appointment of an independent monitor that is set to oversee the Crown Perth casino. As announced by the authorities, the WA Police Force Assistant Commissioner Paul Steel was named as the one who would eventually determine whether the Australian gambling giant failed or succeeded on the road to redemption. The WA Government followed suit with the appointment of an independent monitor after the Government of Victoria decided to do so as part of its supervision of Crown Melbourne. The measure came…
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