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1594 results for "australia"
Australia to Turn Off Online Sports Betting for Unverified Users
In a significant move to enhance anti-money laundering (AML) measures in the online gambling sector, the Australian Transaction Reports and Analysis Centre (AUSTRAC) is set to implement new demands. It is going...
Tabcorp Hit With Another Fine in Australia for Violating Betting Regulations
Tabcorp is in trouble again with gaming regulators in Australia for failing to comply with established rules of engagement. The gaming operator received a fine in New South Wales (NSW) as September...
Endeavor Group Exec Shakeup Possible at Australia’s Largest Slots Operator
Bruce Mathieson Sr. isn't happy with the current state of affairs at Endeavor Group, the largest hotel and slot machine operator in Australia. Since the billionaire is the company's largest single shareholder,...
Tower Hotel in Melbourne, Australia Ordered to Shut Down Gaming Machines
The Tower Hotel in Hawthorn East, a suburb of Victoria, Australia, has come under scrutiny for its failure to comply with gambling regulations. As a result, the hotel must temporarily deactivate its...
Tabcorp Awarded Nearly $54M Refund From Australia’s Tax Authority
Tabcorp, Australia's large gambling and racing operator, gambled on its tax obligations and beat the house. It fought the Australian Tax Office (ATO) over certain tax calculations and won, leading to a...
Crown Resorts, Entain Plan Layoffs in Australia Amid Company Rejigs
Two of the most formidable players in Australia’s gambling space are making changes. Crown Resorts is shrinking its Crown Sydney property, and the online gaming giant Entain plans to cut up to...
Comedian, Financial Advisor in Australia May Have Taken Clients’ Money to Gamble
A financial adviser and comedian in Australia is facing serious problems with the Australian Securities and Investments Commission (ASIC). The financial watchdog has seized David Valvo's bank accounts and taken away his...
The Tale of Two Stakes: Stake.com vs. Stake Embroiled in Australian Lawsuit
In a new legal battle that's caught the attention of the gaming and financial industries, the online gaming platform Stake.com is facing a copyright infringement lawsuit in Austraia from the shares trading...
Slot Machines Used by Australian Gang to Ship Drugs, Weapons From the US
The term one-armed bandit recently took on a slightly different meaning in Australia. Two Melbourne men believed to be members of a large criminal organization were apprehended by the Australian Federal Police...
Australia’s Sportsbet Sees Profits Slip Amid Higher Taxes and Marketing Spend
Flutter Entertainment has presented a financial health report for Sportsbet, its Australian sports betting arm. It reported a slight drop in revenue for the first half of the year that resulted in...