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Oceania News

TAB NZ betting turnover up 5% in November

TAB NZ reported sports betting turnover of NZ$260.9m (€154.7m) in November, a rise of 5 per cent and the best monthly performance of 2022.

The turnover figure was NZ$17.7m above budget for the month. This helped produce gross revenue of NZ$40.6m (up 4 per cent), which was NZ$0.5m above budget, even [...]

1 min read

NSW Government proposes higher casino taxes to fund state services

Gaming taxes in the Australian State of New South Wales are set to rise next year in order to help fund vital services.

The proposed tax increases would apply to gaming tables and slots (poker machines) in casinos and are expected to raise an additional AUD$364m over the next three years, [...]

1 min read

ASIC launches proceedings against Star Entertainment executives

The Australian Securities & Investments Commission (ASIC) has commenced civil penalty proceedings in the Federal Court against 11 current and former directors and officers of Star Entertainment Group.

Australia’s national corporate regulator has launched proceedings against the 11 executives for alleged breaches of their duties under section 180 of the Corporations [...]

1 min read
PointsBet

PointsBet nominates William Grounds to Board as US-based director

US and Australian sports betting operator PointsBet Holdings has nominated William Grounds as an independent non-executive director of the company.

Grounds is a seasoned senior executive and board member who was formerly president and chief operating officer of Infinity World Development Corp, an affiliate of Dubai World where he was responsible [...]

2 mins read

Queensland fines Star Entertainment $100m over casino failings

Australian casino operator Star Entertainment Group has been fined AUD$100m amid a raft of disciplinary actions, following the findings of Queensland’s Gotterson Review and the Attorney-General’s determination of unsuitability.

Earlier this month Australia’s financial intelligence agency commenced civil penalty proceedings in the Federal Court against Star Entertainment for alleged money laundering [...]

1 min read

Mixed results for TAB NZ in October

New Zealand’s TAB has reported a mixed performance for its betting activity in October, with turnover up 5.5 per cent to NZ$239.4m (€144.6m) but gross revenue flat at NZ$36.4m.

Monthly turnover was 2.7 per cent ahead of budget but gross revenue was 3.9 per cent below budget because of a lower [...]

1 min read

AUSTRAC initiates Federal Court proceedings against SkyCity Adelaide

Australia’s financial intelligence agency is launching civil penalty proceedings against a third casino operator following an investigation into SkyCity Adelaide.

The Australian Transaction Reports and Analysis Centre (AUSTRAC) will commence civil penalty proceedings in the Federal Court against SkyCity Adelaide for alleged serious and systemic non-compliance with Australia’s anti-money laundering and [...]

1 min read

BetMakers launches fixed odds betting in Jamaica

Sydney-listed betting technology provider BetMakers has launched on-track fixed odds horse race betting in Jamaica in partnership with Supreme Ventures Racing and Entertainment.

BetMakers has erected multiple betting stands at Caymanas Park racetrack to enable racing fans to place on-track fixed odds bets on races, which will be followed by a [...]

3 mins read
Intralot

Intralot continues Americas growth but revenue in Europe declines

Athens-listed gaming supplier and operator Intralot has reported a marginal fall in group revenue to €301.7m for the first nine months of 2022, as growth in the Americas was offset by continued declines in Europe.

Revenue fell by 0.3 per cent compared to the same period last year, as revenue from [...]

1 min read

AUSTRAC begins civil penalty proceedings against Star Entertainment

Australia’s financial intelligence agency has commenced civil penalty proceedings in the Federal Court against casino operator Star Entertainment Group for alleged money laundering breaches.

The civil penalty proceedings by the Australian Transaction Reports and Analysis Centre (AUSTRAC) relate to serious and systemic non-compliance with Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) [...]

1 min read
Lottoland

Lottoland set to launch first online Keno game in Australia

Online lottery provider Lottoland has unveiled plans to launch a new online Keno game in Australia featuring a record AUD$20m jackpot.

KenoGO is set for launch at the end of December exclusively in the state of Victoria, and comes after Lottoland Australia was awarded a 20-year Keno license by Victoria State [...]

2 mins read

Australian MP takes aim at loot boxes with new legislation

Veteran anti-gambling campaigner Andrew Wilkie has introduced legislation in Australia to classify any game with loot box features as only being suitable for players over the age of 18.

The independent member of parliament has introduced the Classification (Publications, Films and Computer Games) Amendment (Loot Boxes) Bill 2022, which would introduce [...]

1 min read
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