Company Reports

Things seem to be turning around at troubled gambling giant Crown Resorts under the ownership of US private equity giant Blackstone. Still, the company is expected to face a critical few months due to ongoing controversy over some of its operations. Currently, Crown Resorts is headed by Ciaran Carruthers in the chief executive officer position and chaired by Bill McBeath, a veteran in the US casino industry. Following some impending critical regulatory difficulties, the Australian casino giant’s directors have warned that the company was facing a material uncertainty that might…

The oldest casino in the UK has ceased operation for good as London is no longer able to attract many high-end tourists. Following an extensive consultation process launched by the venue’s bosses in September 2023, Crockfords Casino – best known for its exclusive royalty and aristocracy clientele – shut doors after spending almost 200 hundred years in the gambling business. The iconic Mayfair spot, which the gambling giant Genting owns, has employed 100 people, who are currently facing redundancy or are being transferred to the group’s other casino venues. The…

After completing a survey, the Irish business law firm Mason Hayes and Curran LLP stated that the country’s gambling industry is not ready for the implementation of new gambling rules. The firm surveyed all 145 attendees at its recent webinar on gambling legislation reform in Ireland. Only 17% of the survey participants, however, said they felt prepared to implement the new rules, while more than half of the respondents (54%) are still preparing to do so. The remaining 29% have still not begun to take care of the new legislation’s…

Australia’s National Self-Exclusion Register, BetStop, seems to be making a significant difference to local people who are at risk of facing online gambling harm. According to reports, almost 10,000 Australians registered with the service since its August 23rd, 2023 launch. Most individuals who have registered with BetStop so far, are under 40 years of age, and the most common registration period is the lifelong ban, which demonstrates how important this initiative is for young people in Australia who are concerned about the effects of online gambling on their lives. Apart…

Recently, a study commissioned by Lottoland.co.uk has unveiled that a significant percentage of adult residents of the UK have gambled at some point in their lives. However, the research found that almost 50% of them have never played popular card games such as blackjack or poker. The study was conducted among 2,000 adult participants. It found that 29% of the survey respondents felt intimidated by the possibility of entering a brick-and-mortar casino, with these concerns originating from the participants’ lack of understanding about betting games and eventually preventing 37% of…

A comprehensive study commissioned by the Australian Communications and Media Authority (ACMA) revealed that gambling companies that target the Australian market, are more inclined to promote their services on free-to-air (FTA) TV and radio channels. As previously reported by Casino Guardian, the free airwaves aired more than one million gambling ads from May 2022 to April 2023. The media landscape of the country turned into a battleground for gambling companies fighting for customer attention. The aforementioned research provided more information about the advertising strategies used by gambling operators, with special…

A year ago, the Independent Casino Commission of New South Wales (NSW) slapped Star Entertainment Group with a monetary penalty of AU$100 million. The fine was unveiled as a result of a state inquiry that found that the casino giant breached a number of gambling rules and regulations linked to money laundering and other criminal activity. Now, a little over a year since the Royal Commission inquiry found Star Entertainment Group unfit to hold a gambling licence, and the chief commissioner of the NSW Independent Casino Commission – Philip Crawford…

The advertising regulator of the UK issued a new ruling as part of a wider piece of work seeking to ban gambling adverts which, under the existing rules, should not be of strong appeal to underage individuals. The controversial ads were identified for investigation after the watchdog’s Active Ad Monitoring system gathered intelligence on the matter. As revealed by the Advertising Standards Authority (ASA), a promoted tweet for Sky Bet, which was published on February 9th, 2023, featured an embedded video clip from a popular football podcast called The Overlap.…

The last few years have seen a rapid growth in online gambling participation rates in the UK. Unfortunately, the surge in popularity has been followed by a rise in problem gambling rates, with more and more people being affected by the potentially addictive pastime of British gamblers. Recently, one of the leading organisations that encourage responsible gambling in the country, GamCare, has released data highlighting a concerning increase in customers’ addiction to online slots – a trend that has probated nationwide concerns. GamCare shared that its survey involved a total…

The Royal Society for the Prevention of Cruelty to Animals (RSPCA) has faced some questions over how it spends the proceeds from the lotteries it organises after the charity revealed that over 74% of the proceeds raised are spent on expenses and administration. The non-profit organisation reported that 20% of proceeds – which is the minimum amount set by the UK Gambling Commission (UKGC) – help fund the charity’s vital work, and the remainder is used to provide the prizes’ funding. As reported by The Sunday Telegraph, the Royal Society…