• Tue. Jun 6th, 2023

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  • Crown Resorts agrees to pay $450M penalty to AUSTRAC

Crown Resorts agrees to pay $450M penalty to AUSTRAC

Crown Resorts, Australia’s largest gaming and entertainment group, has reached an agreement with the Australian Transaction and Analysis Centre (AUSTRAC) to pay a $450 million fine for historic violations of…

Betchoice Unibet Pays $60,000 fine for Illegal Advertisements

As Liquor & Gaming NSW informed, this regulator’s investigation resulted in a fine of $60,000 for the company. As Liquor & Gaming NSW informed, this regulator’s investigation resulted in a…

Entain, a UK-based company, will take over management of New Zealand TAB

Entain, a global wagering and gambling company, will become the new owner of the New Zealand-based TAB by signing an agreement that will secure hundreds of millions of dollars for…

GLI has acquired all outstanding shares in iTech Labs

Gaming Laboratories International (GLI), the test service and consultancy provider to the iGaming industry, has acquired outstanding shares in a leading online gaming testing laboratory, iTech Global.According to GGRAsia, the…

BTG Live with Las Vegas Casino Inspired Vegas Rush

Following the release of the hit The Race Megaways(tm), Big Time Gaming, a world-class casino games developer based in New South Wales, Australia, has released Vegas Rush, a Las Vegas…

NSW Government Requests Removal of External Gambling Signage

The new legislation was introduced to ban clubs with poker machines (“pokies”) from financing NSW political parties. Indeed, the new legislation was introduced to ban clubs with poker machines (“pokies”)…

Massachusetts Casinos Revenue Report: A Good Year for Massachusetts

The online and mobile sports betting industry has not been able to stop this industry giant. Neither economic crisis nor growing competition in the online and mobile sports betting industry…

Point’sBet sells its US operations for US$150 million

Point’sBet, a leader in the Australian sports betting industry, has agreed to sell 15 US states of its operation to Fanatics, a global sports betting company, for $225,000,000 (about $150,000,000…

Light & Wonder Announces Financial Results for the First Quarter of 2023

Light and Wonder, Inc. announced its financial results of the first quarter 2023. The company reported a 17% consolidated revenue growth compared to prior year’s quarter, as well as record…

Crown Casino Receives Order From VGCCC Regarding Anti-Money Laundering

On May 4, the Victorian Gambling and Casino Control Commission (VGCCC), the Victorian gambling regulator, issued an order to Melbourne-based Crown Casino to secure that each of its Victorian electronic…