Australia's gambling industry is highly developed and diverse. Casinos are ubiquitous in cities, offering a variety of gambling options and also setting odds for sports events. Slot machines are widely distributed in various venues, and many people participate in gambling, with the annual betting am
The Australian Communications and Media Authority (ACMA) recently announced that in the first quarter of 2025, it has taken blocking and enforcement actions against a large number of illegal online gambling platforms, further strengthening the crackdown on unauthorized gambling activities.According
The Australian Communications and Media Authority (ACMA) has listed four additional online sites offering illegal gambling, requesting Australian Internet Service Providers (ISP) to block them.The list of illegal online gambling sites includes Megabet Prize, Mega Medusa, TF2Royal, and Casino Intense
Bally’s Corp’s AU$300 million (US$180 million) bailout of Australia’s Star Entertainment Group has been described by CBRE Credit Research as a risky move that won’t resolve Star’s ongoing issues and will likely require further capital investment to improve operations.CBRE analysts have also question
Australia’s Star Entertainment Group is said to have asked US casino operator Bally’s to increase its AU$250 million (US$158 million) offer to acquire a controlling stake in the company as it continues to explore options to avoid going into administration.The Australian Financial Review reports that
The Q’s official opening event will be held on June 7.Australia.- The Q, a new racetrackin Queensland, has opened its doors today (April 4) with a 12-race program.Situated south of Ipswich, the world-class precinct features three tracks – a straight track, a one-turn track and a two-turn track – wit
Australian-headquartered casino brand Stake is being sued in California for allegedly operating an illegal gambling website.The plaintiff, Dennis Boyle, is suing Sweepsteaks Limited, claiming Stake.us constitutes an illegal gambling website. The case alleges that Stake.us is in breach of California
Recently, the Enforcement Directorate (ED) of India announced that Harsatinder Pal Singh Hayer, the son-in-law of the late founder of Pearls Group, Nirmal Singh Bhangoo, has been formally arrested for his alleged involvement in a Ponzi scheme amounting to 480 billion rupees (approximately 41.6 billi
The casino licence suspension has been put back to allow consideration of remediation action.Australia.- The Queensland government has deferred the suspension of The Star Gold Coast’s casino licence until September 30 to allow consideration of its remediation action. The appointment of the caino’s s
As 2025 unfurls, the gaming industry appears to be healthy. The American Gaming Association reported record revenue of $71.92 billion in 2024. The total surpasses 2023’s previous high of $66.5 billion by 7.5 percent and is the fourth straight year gaming revenue rose.But that doesn’t mean 2025 will
The previous track was shut down in early 2022.Australia.- The Victorian government has committed AU$4m (US$2.5m) to help build a new racetrack at Cranbourne. According to Greyhound Racing Victoria (GRV), construction will begin in the second half of this year and will take 12 to 18 months to comple
Australia’s Star Entertainment Group said Tuesday it has extended by a week an exclusivity and process deed with private equity firm Salter Brothers Capital while the two companies continue working on a debt refinancing package for the troubled casino operator.The original exclusivity period had bee
The bill has now been sent to the Legislative Council for further debate.Australia.- The Legislative Assembly has approved the Gambling Legislation Amendment Bill 2024, which will now go to the Legislative Council for further debate. The proposed legislation received 53 votes in favour and 25 agains
