Company Reports

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…

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…

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…

The popular Irish sports betting company BoyleSports could soon change hands. Reportedly, the operator is currently discussing a potential sale of its assets to another gambling company. The Independent claims that negotiations over the potential sale are already taking place for the company, which is estimated at hundreds of millions of euros. Although the deal is kept secret, for the time being, Entain was mentioned as the gambling giant interested in making an agreement on the acquisition. The truth is that the acquisition of BoyleSports would be a major move…

Tabcorp announced that it has agreed to make a strategic investment worth AU$33 million in Dabble Sports, a socialised online betting platform. The investment, which will be subject to customary regulatory conditions, including the official approval of the Northern Territory Racing Commission, involves a 20% equity interest calculated on the overall number of shares that would be outstanding in case all potential shares were issued upon Dabble Sports’ convertible securities. Through the deal, Dabble Sports will be able to appoint a director to its board, with the appointment also being…

Gambling businessman Matthew Tripp has confirmed that he plans to roll out his News Corp Australia-backed sports betting business – betr – before the Everest Carnival and the Caulfield Cup. The move is aimed at helping him attract young punters and mark rapid growth in a market that has been highly competitive. Mr Tripp reiterated that he is willing to see his new business venture, betr, become the leading force in the local betting market and noted that he may seek partnerships with other media companies or entrepreneurs on his…

The champions of the English Premier League – Manchester City – officially unveiled their deal with the gambling operator 8Xbet in July but there are still questions associated with the identity of the company’s executives a few months after the club ended a sponsorship with another gambling company – 3key – that “did not exist”. A sponsorship agreement with 8Xbet was announced in the middle of July. At the time, the marketing department of Manchester City revealed that the deal was expected to help the fanbase of the professional football…

Star Entertainment Group has been announced as unfit to hold its casino operating permit in Queensland. Attorney-General Shannon Fentiman announced her inquiry findings, revealing that the casino regulatory body in the state will issue the Australian gambling giant with an official announcement as to why the company should continue operating casino venues in the state of Queensland. The announcement comes after an independent probe featuring 12 recommendations was released by the ex-Court of Appeal judge Robert Gotterson, including one that Queensland’s casino laws are amended with priority in order to…

The licenced body that currently offers betting services to New Zealand’s residents, TAB New Zealand, published its latest financial results covering its results in August 2022. The operator made an announcement, unveiling the ongoing effects of the Covid-19 and some other factors, such as more sellers than buyers of betting services, and shared that its overall performance in August 2022 was not better than the one in previous periods. TAB New Zealand said that its results marked one more month facing falling trends that began in April 2022. The overall…

The sports betting platform Football Index, which became notorious for its unexpected collapse and had its operating licence revoked, triggering significant concerns regarding its customers’ money, seems to have taken measures to guarantee its players’ payments. Now, it seems that the company’s customers will finally be able to get their money back, following months of concern about their funds. According to a recent update, the Jersey Court has given the nod to a new application by the liquidators of the sports betting operator, under which customers of Football Index will…