#Crown Resorts

Review Journal

Las Vegas casino was imploded years ago, but no word if new resort will be built

When the New Frontier was imploded in 2007, the spectacle featured a fireworks show, cheering onlookers and a chanted countdown to the resort's destruction. Approaching 17 years later, the Strip property is still waiting for a new resort to take shape - and there's no telling when that might happen. Casino operator Wynn Resorts, which acquired the…

Land-based ・ 01 April 2024

Review Journal

Las Vegas has long history of never-built casinos, other big projects

Las Vegas is known around the world for its towering casino-resorts. But for all the massive projects that have been built in America's casino capital, there have also been many supersized ideas that never materialized. Here's a look at some never-built projects, from the Strip to the suburbs, as outlined in news reports, Clark County records and…

Sports ・ 09 March 2024

Asgam

Australia’s Crown Resorts warns of unlawful use of IP by illegal online gambling sites

Crown Resorts has issued a public warning against imposter and fraudulent social media accounts and advertisements it says have been falsely using Crown's name, logo, photos and other identifying information to advertise illegal online gambling sites. In a statement, the Australian casino operator urged the community to be cautious of such…

Law ・ 04 January 2024

Benzinga

Casinos and Gambling Market to grow by USD 90.22 billion from 2022 to 2027

NEW YORK, Oct. 12, 2023 /PRNewswire/ -- The casinos and gambling market is estimated to grow by USD 90.22 billion from 2022 to 2027, growing at a CAGR of 8.13% . The casinos and gambling market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer casinos and gambling market are 888 Holdings…

13 October 2023

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Casino Guardian

Mandatory Pokie Closure Periods Unveiled as Part of New Enforcement Measures for Victoria’s Gambling Sector

The Government of Victoria is set to introduce mandatory closure periods for poker machine areas at brick-and-mortar venues across the state. The only exception will be made for Crown Resorts' casino. Victoria's Premier Jacinta Allan shared that her Cabinet remained committed to significant reform to prevent and reduce problem gambling harm after…

Law ・ 04 October 2023

Digital Journey

Recorded Hyper Growth in the Future

Casinos is a place where different types of gambling games are played by visitors, casinos are majorly build at tourist attraction places such as megaresorts, massive hotels, retail shopping places and cruise ships. Minimum age of gambling in worldwide casinos is start from 18 to 21, different types of games played in casinos such as poker,…

05 September 2023

Nigeria News Today

Crown Casino Online: The Ultimate Guide to Winning Big!

Crown Casino Online is a leading online gambling platform that offers an unmatched experience in virtual casino gaming. With a wide range of games, impressive graphics, and exciting promotions, Crown Casino Online provides an opportunity for players to enjoy the thrill of a real casino from the comfort of their own homes. Whether you're a seasoned…

Trust and Safety ・ 03 August 2023

The Sydney Morning Herald

Crown casinos to launch online self-exclusion scheme for gamblers

People with gambling problems will be able to ban themselves from Crown casinos over the internet instead of having to do so in person, as part of a wider overhaul of the group's approach to harm minimisation. Crown Resorts' new safer gambling program also includes the establishment of a dedicated gambling policy team, which will monitor customer…

Gambling Addiction ・ 28 July 2023

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Roll Of The Dice; Recession Proof Gambling

This story features TABCORP HOLDINGS LIMITED, and other companies. For more info SHARE ANALYSIS: TAH Gambling is regarded as recession proof. The ASX offers numerous offers to give portfolios a winning edge. -Research suggests households don't consider buying lottery tickets a luxury or even discretionary-UBS survey shows 31% of Australians buy a…

Industry ・ 05 July 2023

Bravewords

Experience the Magic of Live Music at These Top UK Casinos

Are you looking for a night out with a difference? Look no further than UK Casinos with live music! From the Opera House Casino to Genting Casino Westcliff, there are plenty of places in the UK where you can enjoy a night of gambling and entertainment. Here's our list of top UK Casinos with live music: A privately owned and managed casino that…

Land-based ・ 16 April 2023

Gambling News

Macau Police Busts Illegal Gambling Scheme and Arrests 15 People

The Macau Daily Times reported that the arrested Macau residents of ages 29 to 66 years old were allegedly part of an illegal online gambling business operated on overseas servers. At a press conference that took place on January 12, the Macau Judiciary Police announced that it had acted together with the Guangdong Province police and together the…

Incidents ・ 15 January 2023

Yogonet

Crown to open its Sydney casino in August for VIP-only visitors under conditonal license

After the NSW Independent Liquor and Gaming Authority (ILGA) approved Crown to operate its Sydney property last month, Crown Sydney has now announced it will open its doors in August to VIP visitors only. The operator, which will be closely monitored by the ILGA in its activities, described its new gaming facility as "intimate", featuring "two…

Land-based ・ 05 January 2023

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World Casino News

New Rules in Australian Gambling Market makes Cashless Gaming possible

Sydney's largest casino has supported the Premier's efforts to change the 95000 poker machines that belong to the state. Dominic Perrottet's efforts will lead to the chance for cashless technology. It also leads to an urge for the NSW pubs and clubs to accept the change. The debate that changes gambling world: The debate over the reform was pretty…

Industry ・ 31 December 2022

Casino Guru

Queensland casino investigated over potential link with junkets

A casino in Queensland, Australia, is under scrutiny just after Star Entertainment Group was slapped with a record AU$100m ($67m) fine in the state. Local authorities and the attorney general's office have warned operators last week that failure to comply with gambling laws and prerequisites will have serious consequences for offenders. Now,…

Incidents ・ 15 December 2022

Reuters

Australia targets SkyCity casino for money laundering amid gambling crackdown

Dec 7 (Reuters) - Australia's financial crime regulator started civil proceedings against SkyCity Entertainment Group's (SKC.NZ) Adelaide casino on Wednesday, the latest in a series of actions by the government against the country's gambling industry. SkyCity, which is listed on the New Zealand bourse, was accused by the regulator, Australian…

Incidents ・ 07 December 2022

European Gaming

The Global Gambling Market is expected to grow by $260.44 bn during 2023-2027, accelerating at a CAGR of 7.1% during the forecast period

Reportlinker.com announces the release of the report "Global Gambling Market 2023-2027". Our report on the gambling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market…

Industry ・ 23 November 2022

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Casino Guru

ClubsNSW says cashless gambling cards is bad for customer loyalty

The Australian gambling industry is undergoing rapid changes. The country's biggest companies that operate land-based gambling businesses, The Star Entertainment Group and Crown Resorts, have both come under regulatory scrutiny, and in the case of Crown Resorts, the company has been so far fined AU$200m ($110m) in Victoria alone. The desire…

Travel ・ 11 November 2022

AGB - Asia Gaming Brief

Your Daily Asia Gaming eBrief: Crown fine issued: 'warning' to gambling industry

Good morning. The Victorian gambling watchdog has slammed Crown Resorts with two fines totaling $77.75 million, in what it calls a'warning' to the gambling industry over misconduct. The authority says it is still considering other punitive measures, but has calmed on the possibility of canceling the group's casino license. In Macau, the judge…

Industry ・ 08 November 2022

The Age

Crown Melbourne casino fined $120m for breaching gambling laws

Crown fined $120m: Regulator says casino's conduct can't be forgotten or tolerated Crown Resorts will pay a record $120 million in fines for failing to encourage responsible gambling at its Melbourne casino, in particular for letting customers gamble for more than 24 hours straight. The Victorian Gambling and Casino Control Commission announced the…

Law ・ 07 November 2022

Gambling News

NSW Gov to Trial Cashless Gaming Machines

The government of New South Wales launches a cashless gaming trial in the state to fight against money laundering practices and gambling-related risks. Approximately 200 Wests Newcastle leagues club members received access to the new cashless gaming technology on Saturday, October 8, as part of the three-month trial, which will test the operation…

Travel ・ 10 October 2022

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Indonesian Gov. Accused of Stealing Millions for Gambling

An Indonesian governor is the subject of an embezzlement investigation based on allegations he gambled with government funds at a Crown Resorts casino in Australia. Lukas Enembe, governor of Papua, first entered the headlines in 2021 after an anonymous tipster warned Indonesia's Corruption Eradication Commission that he was misappropriating the…

Incidents ・ 30 September 2022

Acrofan

Global Gambling Market Trajectory & Analytics Report 2022: Mobile Gambling Takes Center Stage

DUBLIN--(BUSINESS WIRE)--The "Gambling - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Gambling Market to Reach $876 Billion by 2026 The global market for Gambling estimated at US$747.9 Billion in year 2022, is projected to reach a revised size of US$876 Billion by 2026, growing at a CAGR…

Mobile ・ 30 September 2022

European Gaming

Global Gambling Market Report 2022: Market to Reach $876 Billion by 2026

The "Gambling - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Gambling Market to Reach $876 Billion by 2026 The global market for Gambling estimated at US$747.9 Billion in year 2022, is projected to reach a revised size of US$876 Billion by 2026, growing at a CAGR of 3.6% over the analysis…

Industry ・ 29 September 2022

The Saturday Paper

Casino within a casino: Star’s extraordinary breaches

The operators of The Star casino in Sydney chose deception at almost every turn, even in writing to the royal commission-like inquiry appointed to examine whether they were fit to hold a licence. Spoiler: on Tuesday, they were found unsuitable. Although there is a deep stream of misconduct and breathtaking negligence to wade through, it is perhaps…

Travel ・ 16 September 2022

Financial Review

Casino investors should share in dirty money risks

The casino licences are immensely valuable - Crown paid Victoria $100 million just to extend its - and the monopoly or near-monopoly underpins their market value. Yet there is no regulatory cliff-edge where the licence will be swiftly removed because of non-compliance. If not in these instances, when could a casino licence conceivably be forfeited…

Finance ・ 15 September 2022

The Sydney Morning Herald

Star Entertainment (ASX: SGR) roundly rebuked as casino future remains under cloud

Star Entertainment Group has been roundly rebuked by politicians, legal experts and analysts after a NSW inquiry found the casino giant unfit to hold a licence for its flagship casino in Sydney but came short of imposing penalties. The NSW Independent Casino Commission (NICC) published Adam Bell SC's report on Tuesday which found The Star…

Travel ・ 14 September 2022

Vegas Slots Online

Star Entertainment Unfit to Hold a Sydney Casino License

Following a widespread inquiry into its operations, Star Entertainment Group has been deemed to not be fit to hold a casino license in Sydney. The New South Wales (NSW) Independent Casino Commission (NICC) on Tuesday published the report from Adam Bell SC. considering its options for disciplinary action in response to Bell's findings and…

Travel ・ 13 September 2022

Reuters

'Frankly shocking': Inquiry says Star unfit to hold Sydney casino licence

SYDNEY, Sept 13 (Reuters) - Star Entertainment Group (SGR.AX), Australia's second biggest casino operator, has been found unfit to hold a casino licence in Sydney after an inquiry into alleged breaches of anti-money laundering laws and criminal infiltration released its report. Australia's New South Wales (NSW) state gambling regulator on Tuesday…

Travel ・ 13 September 2022

Casino Guru

Australians overwhelming in support of banning gambling ads

Australians are known as some of the most prolific gamblers there are, but the nation is increasingly beginning to scrutinize the gambling industry illegal gambling platforms. The recent probes into Crown Resorts and Star Entertainment are helpful, bringing out fresh industry sores to public scrutiny, but they are also an opportunity to move past…

Travel ・ 31 August 2022

Casino Guru

Queensland possibly to broaden investigation into more casinos

Two months have passed since Queensland confirmed that it is opening a probe into Star Entertainment's casinos in the state. The investigation launched last week with public hearings held on several occasions and some evidence about suspicious practices already surfacing from those hearings. But now, the state is facing mounting pressure from…

Incidents ・ 31 August 2022

Casino Guru

Star casinos in Queensland allowed a suspicious gambler to carry on

The third day of hearings concluded on Thursday with revelations into Star Entertainment Group's former practices in relation to high roller customers piling on. Subject to public scrutiny at the request of the people overseeing the probe, yesterday's hearing highlighted a new issue with the Queensland casinos. The probe is looking into the Group's…

Travel ・ 29 August 2022

Yogonet

Cambodian government renews 70 licenses for casinos and gambling-oriented companies

The General Secretariat of Commercial Gambling Management Commission of Cambodia (CGMC) of the Ministry of Economy and Finance (MEF) has announced the renewal of 70 licenses to casino and game of chance companies in the second quarter of this year. The General Secretariat granted licenses to 47 casinos and seven games of chance companies on Friday,…

Covid ・ 22 August 2022

ABC Australian Broadcasting Corporation

Sydney's Crown Casino to open under conditional licence in August

Sydney's Crown Casino will open its doors in August to VIP visitors only, less than two years after being deemed unfit to hold a gaming licence. Crown's restricted facility has the highest levels of governance and compliance, CEO Simon McGrath said ILGA granted a conditional licence in June because it had still not found the company "suitable" All…

Travel ・ 17 August 2022

The Sydney Morning Herald

Sydney casinos: High rollers still on the menu as Crown and Star lock horns

After a decade of drama, Sydney finally has two casinos vying for its gambling dollar - separated by the barest sliver of a harbour. Crown Resorts and Star Entertainment Group have been put through the regulatory ringer, many would say belatedly, for their shoddy approach to compliance. But suitably chastened, both are now ready to go toe-to-toe in…

Travel ・ 12 August 2022

Casino Guru

Crown Resorts Sydney finally opens casino floor

Long overdue, the arrival of the Crown Resorts casino in Sydney is finally at hand with the company launching its gaming floors at the Barangaroo property this Monday. It took the property some 18 months after the hospitality business welcomed its first guests to go ahead with the official opening. In the past year and a half, Crown Sydney casino…

Travel ・ 10 August 2022

Times Of Casino

The 10 Richest People in the Casino Industry

Casinos are getting bigger, with more slots and tables games, spectacular shows, Michelin quality dining, and five-star hotels. In a chaotic world, where life can sometimes seem a little dark, casinos are man-made paeans to excess, indulgence, and fun. Gambling politics aside, casinos are built for both pleasure and profit. When it is done well,…

Industry ・ 10 August 2022

Gambling News

The Crown Sydney VIP Casino Finally Opens Doors

After considerable difficulties and a major corporate makeover on August 8 Crown Resorts is finally opening its VIP casino at its AUD 2.2 billion ($1.6 billion) integrated casino resort the Crown Sydney, which was opened and commenced operations back in December 2020. The company faced delays in opening the casino not least because of…

Gaming Authorities ・ 08 August 2022

The Fan Carpet

Payout Percentage vs House Edge: It's Said That The House Always Wins But Are Slot Machine Payouts Random?

Most slot machines are programmed to pay out between 82% and 98% of the money that is wagered by players. The remaining percentage is what the casinos use to cover their expenses and make a profit. Unless you play at a no deposit casino, you should know how to calculate payouts. For any gambler, it is crucial to know as much as possible about…

Payment Methods ・ 08 August 2022

iGaming Business

NSW government proposes increasing land-based casino fines to AUS$100m

Scheduled to be submitted to parliament next week, the legislation would grant additional powers to the NSW Independent Casino Commission (NICC), allowing it to issue the larger fines to casinos. Other reforms in the legislation include regular reviews of casino licences to be conducted as public inquiries with Royal Commission-like powers, while…

Land-based ・ 04 August 2022

Casino Guru

Australia launches pilot program to tackle gambling addiction

Victoria will become the first state in Australia to launch a pilot program seeking to address gambling addiction in the jurisdiction. This comes as a response to the tectonic changes that happened in the gambling industry in the wake of the investigations into Crown Resorts and Star Entertainment Group, which raised serious questions. One of those…

Gambling Addiction ・ 28 July 2022

Gambling News

Crown Sydney Opens as Regulator Granted Provisional Casino License

The long-awaited launch of Crown Resorts' luxury casino at the Crown Sydney is finally about to happen. Australia's first and only VIP casino will officially open and commence operations on August 8, 2022. The Crown Sydney announced the opening date for its luxury casino venue at its skyscraper hotel in Barangaroo after it was finally granted a…

Gaming Authorities ・ 25 July 2022

Casino Guru

VGCCC investigates Crown Melbourne’s responsible gambling

The Victorian Gambling and Casino Control Commission (VGCCC) has opened new disciplinary proceedings against Crown Melbourne Limited, a company owned by Crown Resorts. The new regulatory rules in New South Wales came into effect on Friday as confirmed by the VGCCC which now will launch such proceedings even if one instance of wrongdoing is…

Gambling Addiction ・ 05 July 2022

Newswires

Gambling Market Trends Include Advanced Technology For An Improved Customer Experience

Gambling Market 2022 - Opportunities And Strategies - Forecast To 2030 The Business Research Company's Gambling Market 2022 - Opportunities And Strategies - Global Forecast To 2030 LONDON, GREATER LONDON, UK, July 4, 2022 / EINPresswire.com / -- The adoption of augmented and virtual reality is a popular trend shaping the gambling market outlook.…

Industry ・ 04 July 2022

AGB - Asia Gaming Brief

Your Daily Asia Gaming eBrief: Covid spurs trend to digital lottery

Good Morning. The Covid pandemic has accelerated a trend towards digital in the global lottery business and research is showing that the trend towards digital is likely to continue, as consumers have not abandoned habits they picked up during lockdowns. Today's Deep Dive focuses on trends to watch out for in the one form of gambling that's legal in…

Covid ・ 27 June 2022

High Stakes

Crown Melbourne Casino Fined AU$80 Million for Illic...

Crown Melbourne has been fined a record-breaking AU$80m (USD 57.6m) for assisting Chinese gamblers in unlawfully transferring money out of the country. The findings originally surfaced during an inquiry by a royal commission investigating the Crown Resorts establishment. From 2012 to 2016, gamblers could utilize a China Union Pay bank card for…

Travel ・ 26 June 2022

ABC Australian Broadcasting Corporation

Crown's Sydney casino to deliver $100m in extra tax revenue for NSW government in first year, experts say

Crown's Sydney casino is expected to deliver an extra $100 million in tax revenue to the NSW government in its first year, just a quarter of what its Melbourne venue delivers to Victoria's coffers. Crown was granted a licence to run its Sydney casino earlier this week Experts say the casino will make a quarter of what Crown Melbourne makes Crown…

Finance ・ 26 June 2022

Review Journal

Blackstone, a major Las Vegas casino landlord, acquires Australia’s Crown Resorts

The landlord of several megaresorts on the Strip has completed its buyout of billionaire James Packer's Crown Resorts Ltd., an Australian casino operator with its own history in Las Vegas. Blackstone announced Friday that it closed its acquisition of Crown, saying this marked its largest transaction to date in the Asia-Pacific region.…

Travel ・ 24 June 2022

Casino Guru

Austrac urges gambling companies to step up in tackling money laundering

Landing on the bad side of regulators' good graces can have damning and lasting consequences. These are the lessons Crown Resorts and Star Entertainment, the country's two biggest gambling companies, took from their most recent inroad with the law. Now, Australia's financial regulator, Austrac, wants to make sure that the gambling industry in the…

Incidents ・ 23 June 2022

ABC Australian Broadcasting Corporation

Blackstone closes in on Crown Resorts as WA government approves takeover of Perth casino

Blackstone has cleared a major final hurdle in its planned $8.9 billion takeover of Crown Resorts, with the WA government announcing it has given regulatory approval to the deal. The government says the acquisition is subject to tough conditions Those conditions will'align' with royal commission recommendations They will include strategies against…

Travel ・ 10 June 2022

ABC Australian Broadcasting Corporation

NSW gaming regulator finds Blackstone 'suitable' to hold licence for Sydney casino

Corporate equity giant Blackstone is a step closer to its takeover of Crown Resorts after gaming regulators in NSW and Victoria ruled it was "suitable" to hold a casino licence. Blackstone is pursuing an $8.9 billion takeover of Crown Resorts The equity giant has been subjected to an extensive probity assessment Crown has been prevented from…

Travel ・ 09 June 2022

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AGB - Asia Gaming Brief

Your Daily Asia Gaming eBrief: Central Asia regulating gambling harm prevention

Good Morning. In today's Deep Dive, Ilya Machavariani and Ivan Kurochkin, partners with consultancy firm 4H, take us through some of the latest developments in Central Asia. Two years ago, Kazakhstan took a retrograde step by introducing more restrictive legislation in what has the potential to be one of the most dynamic markets in the region. The…

Gambling Addiction ・ 06 June 2022

The Sydney Morning Herald

Crown Sydney: Casino advertises for gaming staff as it prepares for conditional licence at Barangaroo

Crown Resorts has started advertising for gaming table staff for its Sydney casino in preparation for the state government signing off on a strict conditional licence for the gambling giant. The NSW cabinet is expected to consider an agreement between the NSW gaming regulator and Crown as early as Monday to allow it to open its Barangaroo casino…

Gaming Authorities ・ 03 June 2022

ABC Australian Broadcasting Corporation

Crown could secure licence to open Barangaroo casino despite being found unfit by gaming regulator last year

Crown Resorts is on the verge of securing a licence to finally open its Sydney casino 15 months after being deemed "unfit" by the NSW gaming regulator. Last year the Bergin inquiry said Crown needed to make sweeping cultural changes if it wanted to be a suitable operator The inquiry investigated incidents of money laundering and links to…

Gaming Authorities ・ 03 June 2022

The Islander

Star 'not suitable' for casino licence

The Star Casino inquiry is wrapping up after months of testimony about its practices and culture. A period of "deep reflection" is needed at Star Entertainment before the gaming giant is fit to hold a casino licence, an inquiry into its Sydney casino has been told. The NSW gaming regulator inquiry has examined claims the ASX-listed company enabled…

Travel ・ 31 May 2022

Financial Review

Star inquiry to tackle chairman John O’Neill’s stewardship of casino

In its eighth week of hearings, the NSW inquiry into Star's suitability to run its flagship casino in Sydney is investigating how rigorously board directors and senior executives carried out their duties to the company. Star also allowed Suncity to open a secret, unbranded VIP room after telling the media it was ending their relationship. It also…

Travel ・ 23 May 2022

The Nevada Independent

With Cosmopolitan sale nearing, Blackstone still has money on Vegas

Blackstone Group's time as a Strip casino operator is drawing to a close, but that doesn't mean the New York-based investment conglomerate is done with Las Vegas. Through its Blackstone Real Estate Investment Trust (REIT), the company will continue to own the land and buildings associated with four Strip properties operated by MGM Resorts…

Gaming Authorities ・ 12 May 2022

The Islander

Star top brass to continue casino evidence

A Star Entertainment boss will continue his testimony at a royal commission style inquiry examining if The Star Sydney should retain its casino licence. The NSW gaming regulator inquiry into the fitness of Star to hold a Sydney casino licence has so far prompted the resignation of Star CEO Matt Bekier, who stepped down last month in the wake of…

Incidents ・ 26 April 2022

Techie + Gamers

Top 10 Richest Casino Owners in the World

Casinos bring in a lot of money, more than most people may realize. In fact, they generate billions of dollars each year. Players come in with a big chance of losing, but the casino owners will always win. The house always has an edge, which means that over time, they will make more money than the players. Here are the leading individuals earning…

Top and Best ・ 19 April 2022

The Guardian

A generation of children increasingly think gambling is inextricably linked with the AFL

AFL's chief executive, Gillon McLachlan, will receive many tributes for his eight-year legacy of running the premier sporting code in the nation and guiding it though Covid to deliver joy to millions, despite terrible lockdowns. That is rightly so - but there is a huge shadow over his legacy. McLachlan took over as chief executive from Andrew…

Sports ・ 18 April 2022

Gambling News

Marlow Hotel Group Investigated over Incentives to Problem Gamblers

NSW Regulator Investigates Marlow Hotel Group-owned venues and their practices to entice chronic poker machine addicts with alcohol and cash. Marlow is the same company that became a recent target of New South Wales gaming regulator for a different, but similar, reason. The company owns the Rose and Crown, which received a fine of $107358…

Incidents ・ 13 April 2022

Mandurah Mail

Star probe hears of casino 'shredder'

Star Entertainment's chief financial crime officer says she may have shredded a Hong Kong Jockey Club report detailing alleged links of an overseas junket operator to triads, drug trafficking and money laundering, an inquiry has been told. The NSW gaming regulator's inquiry, now in its fourth week, is investigating whether The Star Sydney has been…

Gaming Authorities ・ 05 April 2022

Casino Guru

ACMA targets six more illegal gambling sites

ACMA, or the Australian Communications and Media Authority, is back at it again and it has blocked another six websites that are breaking the country's gambling laws. A total of six new offenders have been blocked for violating the country's Interactive Gambling Act 2001 which prohibits iGaming brands, or their affiliates, from targeting Australian…

Gambling Sites ・ 26 March 2022

Vegas Slots Online

Inquiry Finds Crown Perth Casino Unsuitable to Hold License

The Government of WA has accepted the royal commission's final report on Crown Perth, which declares the casino unfit to hold a gaming license. [Image: Shutterstock.com] The Government of Western Australia (WA) has tabled the Perth Casino Royal Commission's final report, which has found Crown Perth unsuitable to hold the region's only gaming…

Travel ・ 24 March 2022

The Islander

Star gambler's China bank card paid debt

A Chinese-born Australian property developer who gambled at Star casino for more than 20 years bought chips with the same Chinese bank cards an inquiry has heard were being used to conceal gambling expenses. Speaking through an interpreter, Phillip Dong Fang Lee told the hearing on Monday he'd held diamond membership at The Star, the highest…

Gaming Authorities ・ 21 March 2022

Vegas Slots Online

Star Hid AU$900m in Gambling Transactions From Banks

The Star allegedly lied to banks and categorized AU$900m (US$660.5m) worth of gambling transactions as hotel expenses. [Image: Shutterstock.com] The Star Entertainment Group allegedly hid AU$900m (US$660.5m) worth of Chinese gambling transactions from banks, an inquiry into the Australian casino company has heard. The operator disguised the money…

Gaming Authorities ・ 17 March 2022

Recent Slot Releases

Global Gambling Market Opportunities and Strategies Report 2022-2030: Shift In Interests Towards Online And Physical Sportsbook Betting

The "Gambling Global Market Opportunities And Strategies To 2030, By Type, Channel Type" report has been added to ResearchAndMarkets' offering. The global gambling market reached a value of nearly $465763.9 million in 2020, having increased at a compound annual growth rate (CAGR) of 2.1% since 2015. The market is expected to grow from $465763.9…

Sports ・ 16 March 2022

Golden Casino News

Crown Resorts approved to resume casino operation in Sydney

Crown Resorts may be on the verge of opening its real-money casino component of its $2.2 billion Crown Sydney Hotel Resort "in the next weeks," local media sites claim. The property swung open its doors for the first time towards the end of 2020, but casino operations were suspended following an Independent Liquor & Gaming Authority investigation…

Travel ・ 02 March 2022

The West News

Why do Australians Love to Gamble so much?

Australians are some of the most avid gamblers in the world. Ausies seem to take up the hobby with zeal and gusto unknown in other places. While casino operators have been happy with this arrangement, many academics have wondered why. Billions worth of dollars are wagered in the Australian casino, sports betting, and lottery industries annually. By…

Lottery ・ 01 March 2022

European Gaming

Crown’s Barangaroo Casino to be Open Within Weeks

Crown Resorts' casino at its new Barangaroo property in Sydney is likely to be open on a conditional basis within weeks, the New South Wales regulator said. The Australian operator opened the new resort in December 2020, but was unable to open the gaming floors after being found to be unsuitable to hold a license in the state following revelations…

Gaming Authorities ・ 22 February 2022

New Jersey Online Gambling

Casino Roundup: Crown Buyout, Wynn Leaseback and Sands Junk Rating

Crown Resorts accepted a $8.9 billion buyout bid from Blackstone, a private equity firm. Just days after the news, the Australian casino company r eported a $141 billion loss for the last six months of 2021. In other casino news, a credit agency cut Las Vegas Sands' debt rating, while Wynn Resorts negotiated its first real estate sale. It's a tough…

Gaming Authorities ・ 21 February 2022

AGB - Asia Gaming Brief

Crown Resorts' Barangaroo casino to be open within weeks

Crown Resorts' casino at its new Barangaroo property in Sydney is likely to be open on a conditional basis within weeks, the New South Wales regulator said. The Australian operator opened the new resort in December 2020, but was unable to open the gaming floors after being found to be unsuitable to hold a license in the state following revelations…

Travel ・ 18 February 2022

Gambling Insider

BGaming continues the story of perished civilization in the Aztec Magic Bonanza slot

BGaming is delighted to announce that the studio has added a new slot with refilling reels to its collection, Aztec Magic Bonanza. The game has become the next chapter of Aztec-themed titles provider is famous for. Within the slot with cascading reels and a 5x6 layout, players have a chance to trigger up to 40 Free spins and enhance their winnings…

Travel ・ 17 February 2022

High Stakes

80,000 Arrests as Chinese Gambling Crackdown Continues

More than 80000 arrests for cross-border gambling were made by the Chinese authorities last year, with over 2200 illegal online gambling platforms shut down in the latest crackdown. The arrests and closures were the result of 17000 separate cases investigated by China's Ministry of Public Security, which also resulted in 1600 illegal payment…

Incidents ・ 25 January 2022

Real Money

Blackstone Poised to Become Biggest Aussie Gambling Operator

Private equity powerhouse Blackstone Inc. (BX) looks set to become the biggest gambling operator in Australia after it made an improved offer for Crown Resorts (ASX:CWN and CWLDY), which the casino company's board said shareholders should accept. That's unless a better offer comes in... I've written about this saga a couple times before,…

Travel ・ 14 January 2022

European Gaming

LAYING THE FOUNDATIONS FOR A NEW CASINO REGULATOR

The Bergin Inquiry's key recommendation for a standalone casino regulator is well on its way to becoming a reality, with temporary arrangements put in place to support the new structure. The Independent Liquor & Gaming Authority (ILGA) has announced practical interim arrangements ahead of legislative changes to establish the independent casino…

Gaming Authorities ・ 14 January 2022

Gambling News

NSW's Chief Gambling Regulator Asks for Money Laundering Investigation into Pub Slots

Independent Liquor and Gaming Authority chairman Philip Crawford has recently asked for a complex investigation into the suspicion of money laundering activities unfolding inside non-gaming venues in New South Wales. The alleged money laundering activities would occur through slot machines. Colloquially called the "poker machine capital of…

Law ・ 14 December 2021

Vegas Slots Online

New Year Launch in the Cards for Crown’s Sydney Casino

Troubled Australian operator Crown Resorts and its regulatory overseer are working together to launch Crown Sydney's casino in early 2022. [Image: Shutterstock.com] Steven McCann, the new CEO of Australia's Crown Resorts, has said the troubled gaming giant aims to open its Sydney casino in early 2022. At an investor briefing on Monday, McCann said…

New Year ・ 13 December 2021

PokerTube

Sophisticated $4.6million “Losing Accounts” Gambling Ring Busted in China

Police in China have busted a $4.6million gambling ring that was running a sophisticated operation involving losing sportsbetting accounts - resulting in mass arrests and seizures across the country. The sportsbetting syndicate was short-lived but extremely lucrative, the basic premise being that losing accounts would be offered huge incentives to…

Incidents ・ 28 November 2021

Legit Gambling

Fitch Says Two Key Issues Will Slow Casino Growth In 2022

Fitch Ratings says COVID-19 and regulatory concerns will impact casino industry in 2022 Countries that see their tourism industry recover will see their casino industry recover too Asia Pacific gaming market sluggish in recovery Fitch Ratings. , one of the three major rating agencies in the world has which shows that countries that have quicker…

Covid ・ 26 November 2021

European Gaming

Catherine Myers Resigns as CEO of Victorian Commission for Gambling and Liquor Regulation

The chief executive of Victoria's gaming watchdog has resigned amid a major overhaul of the embattled regulator, which has been widely criticised over its lax oversight of Crown casino. Victorian Commission for Gambling and Liquor Regulation chief executive Catherine Myers abruptly ended her role with the Commission on November 19, after more than…

Law ・ 24 November 2021

Gambling Insider

Fran Thorn appointed Victorian gambling regulator Chair

Former top health bureaucrat Fran Thorn has been appointed as the inaugural Chair of Victoria's new gambling regulator. She has been appointed for three years, starting 1 January 2022, and will help establish the Victorian Gambling and Casino Control Commission (VGCCC). Thorn, who resigned from her role as Health Department Secretary ten years ago,…

Law ・ 23 November 2021

Small Caps

Crown pushes the share market casino into action

Some say that share markets are just glorified casinos tacked on to the economy so it was probably appropriate that trade in a real-life casino dominated the Australian market on Friday. Investors in Crown Resorts (ASX: CWN) shares have been doing it tough recently as a welter of inquiries found serious wrongdoing on a fairly widespread scale so…

Travel ・ 23 November 2021

The Islander

New Vic gambling regulator chair appointed

Victoria's former top health bureaucrat will be the inaugural chair of the state's casino and gambling regulator. Fran Thorn, who resigned from her role as health department secretary in 2011, will help establish the Victorian Gambling and Casino Control Commission. The VGCCC will have regulate Crown Casino and have oversight of gaming and gambling…

Law ・ 23 November 2021

Film Daily

Crown Melbourne Scandal Triggers Strict Changes to Gambling Legislation

The Government of Victoria has introduced in parliament the Casino and Gambling Legislation Amendment Bill 2021 to implement the recommendations of the Royal Commission, which had recently concluded an investigation of the operations of Crown Melbourne. If passed into law, the bill will overwrite the existing Victorian Commission for Gambling and…

Law ・ 13 November 2021

Vegas Slots Online

Crown-Owned Mayfair Casino Guilty of Race Discrimination

An employment tribunal in London has sided with a former worker of a Crown Resorts-owned casino in Mayfair, finding the business guilty of race discrimination. [Image: Shutterstock.com] A Crown Resorts-owned high-roller casino in Mayfair, London made the headlines last year when one of its former employees accused it of racial discrimination. Now,…

Incidents ・ 02 November 2021

The Guardian

Crown Resorts: can a ‘special manager’ clean up Melbourne’s casino?

A royal commission proposal to install a special manager to make sure Crown Resorts' Melbourne casino cleans up its act after years of misconduct will be difficult to implement, experts say. While commissioner Ray Finkelstein's recommendations to tackle problem gambling have been welcomed, governance and gaming experts have questioned the plan to…

Travel ・ 28 October 2021

Vegas Slots Online

The Star Sells Brisbane Treasury Hotel, Casino for AU$248m

Continuing its strategy to unlock the value of its real estate assets, Australia's The Star Entertainment has inked a US$185.9m sale and leaseback deal with Charter Hall for its Treasury Hotel and Casino in Brisbane (pictured above). [Image: Shutterstock.com] Australian gambling operator The Star Entertainment Group has offloaded some of its…

Travel ・ 27 October 2021

Vegas Slots Online

Australia: Crown Melbourne Gets to Keep Casino License

Despite being allowed to keep its casino license, Crown Melbourne will fall under strict and direct government supervision for two years following a Victoria Royal Commission review. [Image: Shutterstock.com] The government of the Australian state of Victoria has allowed operator Crown Resorts to keep its Melbourne casino license in response to the…

Travel ・ 26 October 2021

Forbes

Billionaire James Packer’s Crown Keeps Melbourne Casino License As Regulator Oversees Reforms

Australian regulators are allowing Crown Resorts -controlled by billionaire James Packer -to keep its license to operate its flagship Melbourne casino under the supervision of a government-appointed special manager who will ensure reforms are undertaken to address money laundering risks at the casino. While an independent inquiry by Victoria's…

Travel ・ 26 October 2021

World Casino News

Two-jab mandate for Macau casino employees

The firms behind the 41 casinos in Macau have reportedly upped their campaigns against coronavirus by comprehensively implementing new rules that require employees to be fully vaccinated or present weekly negative viral diagnostic tests. According to a report from Inside Asian Gaming, the new regime has been implemented by operators Sands China…

Jobs ・ 15 October 2021

European Gaming

The Global Casino Gambling Market is expected to grow by $ 32.54 bn during 2021-2025, progressing at a CAGR of 3.50% during the forecast period

Reportlinker announces the release of the report "Global Casino Gambling Market 2021-2025" 50% during the forecast period. Our report on the casinos and gambling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an…

Industry ・ 11 October 2021

Vegas Slots Online

Aussie Casino Giant The Star's Shares Fall on Illegalities Claim

The cycle of negative news for Australian gambling firms shows no sign of letting up after casino giant The Star Entertainment's shares fell on the back of a money laundering claim. Leading Australian online stockbroking firm CommSec took to Twitter on October 11 to share the news that The Star's shares had slumped by 22.9% on Monday: The sharp…

Gaming Authorities ・ 11 October 2021

European Gaming

INTERIM LIQUOR LICENCES APPROVED FOR CROWN’S BARANGAROO CASINO

The NSW Independent Liquor & Gaming Authority (ILGA) has approved three interim liquor licences for Crown's Barangaroo resort that were due to expire on 31 October 2021. ILGA chair Philip Crawford said the liquor licences had again been issued on an interim basis and will expire on 30 June 2022. "In December last year, ILGA agreed to work with…

Gaming Authorities ・ 11 October 2021

The Sydney Morning Herald

Star casino linked to organised crime, money laundering, foreign influence

Listed gaming giant Star Entertainment has been enabling suspected money laundering, organised crime, large-scale fraud and foreign interference within its Australian casinos for years, even though its board was warned its anti-money-laundering controls were failing. Between 2014 and 2021, Star cultivated high-roller gamblers who are allegedly…

Incidents ・ 10 October 2021

NZ Herald

Las Vegas Moon hotel casino aims to be world's largest spherical building

With Space X, Blue Origin and Virgin Galactic sending paying pundits into orbit, the last nine months have seen several giant leaps made for Space Tourism. Closer to home, an impressively themed resort is aiming to capture a bit of the space race magic right here on terra firma. Installing a giant, moon-shaped hotel in the middle of the Las Vegas…

Travel ・ 04 October 2021

Vegas Slots Online

NSW ILGA to Review The Star Sydney Casino Operations

The NSW ILGA has announced a review into the operations of The Star Sydney casino resort. [Image: Shutterstock.com] The New South Wales (NSW) Independent Liquor and Gaming Authority (ILGA) has announced a review into the operations of The Star Sydney casino resort. Specifically, the investigation will look at the Star Entertainment-owned casino's…

Gaming Authorities ・ 14 September 2021

Gambling Insider

Leasing casinos a viable option for Crown Resorts' lost licences

Steve McCann, CEO for Crown Resorts, is considering leasing out the group's casinos to James Packer's company in case it loses its gambling licences. Crown's new Sydney casino licence is already suspended after a February investigation showed the casino had been infiltrated by organised crime syndicates, which enabled money laundering. "Clearly we…

Travel ・ 03 September 2021

Asgam

Crown Resorts falls to US$191 million loss in FY21 on Melbourne, Sydney casino closures

Troubled Australian casino giant Crown Resorts has reported a loss of AU$261.6 million (U$191.2 million) in the 12 months to 30 June 2021, heavily impacted by COVID-induced property closures and the fallout from regulatory inquiries across three states. Crown saw its revenue plummet 31.3% year-on-year to AU$1.54 billion (U$1.13 billion) in FY21,…

Travel ・ 30 August 2021

Vegas Slots Online

Gambling Addict Sues Australia's Crown Resorts for $3.3m

Ahmed Hasna, a high-roller with a serious gambling addiction, is suing Australia's Crown Resorts casino group, which is majority backed by media magnate James Packer, for over AU$4.5m (US$3.3m). Melbourne local government councilor and award-winning journalist Stephen Mayne took to Twitter on August 10 to share news of Hasna's suit, which he said…

Travel ・ 11 August 2021

Markets Insider

Casinos And Gambling Market to grow by USD 82.09 billion

NEW YORK, Aug. 4, 2021 /PRNewswire/ -- The casinos and gambling market size is expected to increase by USD 82.09 billion during 2020-2024, registering a CAGR of about 10% during the forecast period. Technavio reports offer customer landscape matrix and vendor landscape analysis that assists global businesses to obtain growth opportunities. The…

Industry ・ 05 August 2021