Company Reports

The legal challenge of a banned gambler who sued the Sydney casino of Star Entertainment after losing a staggering amount of AU$950,000 in an attempt to retrieve the money, had her claims rejected by the court. Beauty therapist Kim Nguyen, who took the Star Entertainment to court under the accusations of suspending her from the Sydney casino of the brand in April 2021, ending her membership with the company for no reason, and making misleading statements, had her case thrown out and was unable to win back the money she…

The Crown Sydney casino is set to start operation in August, less than 2 years after being found unsuitable to hold a gaming licence. At first, the gambling venue is set to serve high-roller customers only. As Casino Guardian reported, in June, the NSW Independent Liquor and Gaming Authority (ILGA) gave the nod to Crown Resorts to finally open its Sydney casino. At the time, the regulator revealed some additional licence conditions, such as close monitoring of the initial operations of the casino venue. Crown Resorts officially confirmed that its…

Fulham F.C. has faced criticism following rumours that the online gambling operator W88 is likely to be the shirt sponsor of the English professional association football club for the 2022/2023 season. The football club has neither officially announced its new shirt sponsor nor unveiled its new sports kit but Fulham’s fans saw that the online gambling company was briefly listed as the club’s shirt sponsor in the English Premier League’s (EPL) handbook for the upcoming season. Eventually, the name of W88 was removed, as reported by The Athletic. Both Fulham…

According to recent research, Australian residents lose about AU$22 billion on gambling on an annual base, which has been estimated as the largest per capita losses on a global scale. Now, a project unveiled in collaboration between the Queensland University of Technology (QUT) and Suncorp Bank will see the release of a special toolkit aimed at helping the minimisation of gambling-related harm inflicted on people who have been suffering the negative effects of their compulsive behaviour. Professor Ross Gordon from the School of Advertising, Marketing and PR at the Queensland…

The UK gambling and sports betting operator Entain is entering the media world with the launch of 4 online channels featuring greyhound and horse racing. The operator, which currently owns brands such as Ladbrokes, bwin, Sportingbet, and PartyPoker, has now created a media arm that would produce written content and documentaries as part of the gambling company’s effort to become a “fully-fledged media business”. The new media division of Entain currently involves only about 30 people, with the team being divided into 3 arms – long-form video, live channels, and…

A native tribe based on the Gold Coast has filed a Native Title claim for a valuable piece of land there and unveiled its intention to use the area for its own commercial purposes. The Kombumerri-NgarangWal Saltwater People have lodged a Native Title claim with the Federal Court for The Spit on the Gold Coast, which is currently among the most highly-rated parcels of land there, asking the Court to reaffirm the tribe’s legitimate rights to its land. The tribe also unveiled its plans to turn the parcel into a…

Gamblers in Victoria have lost AU$66 billion in the 3 decades since electronic slot machines got officially introduced in the state, according to calculations provided by the Alliance for Gambling Reform, an anti-gambling campaign group aimed at reducing gambling-related harm in the country. The organisation used data gathered by the Victorian Gambling and Casino Control Commission (VGCCC) and found that, currently, Australian residents rank first in average gambling losses, with annual losses of about $1,000. Thirty years ago, the state of Victoria allowed the launch of a total of 10,000…

The battle for the UK National Lottery licence shows no signs of slowing down. The current licence holder Camelot has moved to appeal the unfavourable High Court ruling that paved the way for rival Allwyn Entertainment taking charge of the lottery. In late June, the High Court ruled in favour of lifting the automatic suspension that deterred the UKGC from granting the next lottery licence to Allwyn. The latter is an international lottery operator with a strong presence in various markets, including Poland, Switzerland, Belgium, the Czech Republic, and the…

Following a previous Austria exit, the online gambling and sports betting company bet-at-home has now refused to fight back for its recently lost gambling operating licence in the UK. Only a few days after the UK Gambling Commission (UKGC) announced its decision to suspend the UK operating permit of bet-at-home, the company officially revealed that it would be leaving the country’s market for good. The move was made right before an upcoming review process that could have seen the gambling operator’s licence restored, which would have allowed bet-at-home to continue…

The managing director and CEO of Iris Capital, Sam Arnaout, has managed to surpass the acquisition offer made by the Gravanis brothers in the ongoing competition to take over Casino Canberra from Aquis Entertainment. As a result, the Rich Lister is set to add another asset to his hospitality empire worth AU$5 billion. Earlier this week – on July 12th – Aquis Entertainment, which is linked to Hong Kong billionaire Tony Fung, officially announced that it had given the nod to a revised offer of Iris Capital. The deal, which…