Location: Australia
Fanatics raises PointsBet offer to $225 million as DraftKings steps aside
The brief fight over the future of PointsBet’s U.S. business appears to be done, after Fanatics submitted a revised $225 million offer, a... more
DraftKings, Fanatics vie for PointsBet — after scrapping $48B merger between themselves, sources say
“Jason’s Revenge” is the latest attraction in sports betting — not in a horror flick, but in a high-profile merger battle. DraftKings CEO... more
NSW cashless gaming trial terminated after cyberattack
The first trial of cashless gaming technology to be run in the Australian state of New South Wales has been terminated after a cyberattack... more
Taylor Swift’s partnership with Crown criticised by anti-gambling experts
Anti-gambling advocates have criticised Taylor Swift’s decision to partner with Crown for her upcoming Australian tour, arguing that the... more
NSW regulator to run sweeping inspections of pubs and clubs to ensure compliance with gambling harm prevention measures
Liquor & Gaming NSW has announced plans to launch the second phase of a “targeted compliance program” aimed at ensuring pubs and clubs... more
Crown Melbourne hit with new AU$20 million fine for past failure to pay proper casino tax
The Victorian Gambling and Casino Control Commission (VGCCC) has slapped Crown Melbourne with another AU$20 million (US$13.6 million) worth... more
Calls for ‘comprehensive ban’ on sports gambling ads in Australia as inquiry’s report looms
The Australian government has been urged to seize a once-in-a-generation opportunity to clamp down on gambling advertising, as... more
Blackstone preparing to “invest significant capital” into Crown Melbourne upgrade
The President of US private equity giant Blackstone says the company is planning to invest heavily into a much-needed renovation and... more
Star postpones opening date of Queen’s Wharf Brisbane until April 2024
Australia’s Star Entertainment Group has postponed the opening date of its AU$3.6 billion (US$2.4 billion) Queen’s Wharf Brisbane... more
PayNearMe announces $45 million funding from Australian investment firm QIC
PayNearMe Thursday announced it has closed $45 million in funding led by Queensland Investment Corporation, with participation from True... more
