Company Reports

Star Entertainment announced a decision to postpone the planned opening of its new Brisbane-based Queen’s Wharf casino by four months. The company cited some construction delays as the main reason for the rescheduling. As previously reported by Casino Guardian, Star Entertainment has joined forces with Far East Consortium and Chow Tai Fook on a number of developments estimated at a total of $5 billion, including its Queen’s Wharf casino in Brisbane. The casino, hotel and entertainment resort was initially expected to start operation in the second half of 2023. Robbie…

Last week, a US judge officially approved a class-action settlement worth $415 million involving South Korean online gambling operator DoubleDown Interactive LLC and the UK-based multinational gambling company International Game Technology PLC (IGT). The settlement straighten out the claims that the two operators breached the state gambling legislation and consumer protection provisions of the state of Washington. In a ruling, published at the beginning of the month, US District Judge Robert Lasnik in the federal court of Seattle described the resolution of the case as adequate, reasonable, and fair. The…

New research has shown that Australia is falling behind jurisdictions not only in Europe but in other parts of the world when it comes to the regulation of online gambling. The revelations emerged at a time when local supporters of the proposed gambling reform are urging the Federal Government to bring in online gambling regulation as quickly as possible. A recent analysis provided by the Alliance for Gambling Reform showed that Australia remains far behind a large number of European countries, including the Netherlands, Belgium, Germany, Spain, and Italy, in…

One of the largest gambling operators in the UK has confirmed that it expects a local tax authority to slap it with a massive monetary penalty over historic corporate misconduct that took place at its former online betting arm in Turkey. Yesterday, Entain officially revealed that a probe into the company’s operations that the HM Revenue and Customs (HMRC) has been working on since 2019 has been redirected to the country’s public prosecutor, the Crown Prosecution Service. Currently, the British gambling giant is negotiating a deferred prosecution agreement with local…

Currently, the UK Government is considering a new “Online Safety Bill” aimed at reducing underage audiences’ exposure to certain content that could have a harmful impact on young people. Local lawmakers have unveiled that British children in the pre-teen age are having access to gambling and dating websites and mobile applications. According to experts, these findings could eventually force various platforms, including Google and Apple to undertake significant reforms when it comes to displaying certain types of content to underage users. The last few years have seen social media platforms…

Earlier today, the Australian Transaction Reports and Analysis Centre (AUSTRAC) announced that Crown Resorts’ casinos in Melbourne and Perth have filed joined submissions with the country’s Federal Court to propose a monetary penalty worth AU$450 million over the gambling giant’s violations of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006. Through the submissions filed by the two casinos, Crown Resorts officially agrees with AUSTRAC that the fine that had been proposed by the country’s financial regulator is appropriate in all the circumstances. The proposed settlement of the parties is set…

The last few years have seen Australian casinos put under the microscope after both of the country’s casino giants have been found to have violated multiple rules and regulations. Now it seems that the focus on SkyCity Adelaide would get more concentrated than before. Competent authorities in South Australia have revealed that they impose stricter monitoring of the only licensed casino in the state, following some allegations of a significant and systemic lack of compliance with counter-terrorism financing and anti-money laundering laws. The latest measures imposed on SkyCity Adelaide come…

The Ireland Revenue Commissioners have launched an investigation against a Dublin-based gambling business whose interest bill on overdue taxes has now reached a whopping €2.19 million. Dublin Pool and Juke Box Limited is a long-standing casino and arcade company owned by Richard Quirke, one of the wealthiest businessmen on the Emerald Isle. New accounts for the Dublin-based company indicate that its interest on overdue taxes amounted to a little over €602,000 in 2022. The firm has racked up a cumulative bill amounting to €1.59 million over the previous four years,…

One of Australia’s largest sports wagering operators Betchoice, trading as Unibet, was slapped with a fine amounting to AU$60,000 (£31,705) following an investigation conducted by the gambling regulatory body of New South Wales. Liquor & Gaming NSW probed into the betting agency’s promotional incentives and established the platform was offering unauthorised inducements to residents of the Australian state. The probe indicated some of the promotional incentives offered by Betchoice actively encouraged residents to register real-money betting accounts and partake in gambling activities. The incentives in question consisted of odds boosts…

Almost a month after the Department for Culture, Media and Sport (DCMS) released its White Paper on gambling, the actual measures that are being considered as part of the planned overhaul of the sector, remain somehow vague and are far from concrete. As Casino Guardian previously reported, a series of further consultations with some industry stakeholders are scheduled. So far, UK lawmakers have suggested the implementation of a stake limit on online slots, which are currently unlimited, although this form of gambling has been known for making the largest contributions…