NEW – Browse by region and industry. Filter stories dynamically below.
Investors dump shares in Star Entertainment
Australia’s crisis-racked resort and casino operator Star Entertainment lost almost half its market value Friday, as stock trading... more
Impairment on trading conditions, higher costs push Star Entertainment Group to US$1.16 billion loss in FY24
Australia’s Star Entertainment Group has reported a statutory loss of AU$1.69 billion (US$1.16 billion) for the 12 months to 30 June... more
Australia’s new classification rules could see Pokémon and Zelda released as R-rated games
Next week, the Australian government is rolling out a pretty big change to the way that video games are classified. The new rules will come... more
NSW regulator issues Star with show cause notice, outlines raft of possible disciplinary measures
The NSW Independent Casino Commission (NICC) has issued Star Entertainment Group with a show cause notice, asking the embattled casino... more
Star still in holding pattern as crisis talks with governments and lenders continue
Australia’s Star Entertainment Group Limited said Wednesday that talks with stakeholders are ongoing but confirmed the company is still... more
Star Entertainment to sell interest in casino building amid regulatory problems
Star Entertainment will sell its interest in the Treasury Brisbane Casino building in Queensland for A$67.5 million ($45.47 million), the... more
Star Entertainment Group confirms safe harbour provisions among discussion points to stave off collapse
Australia’s Star Entertainment Group confirmed Wednesday that ongoing discussions related to its troubled liquidity position have... more
Australia: Trading suspended on Star Entertainment after group misses financial reporting deadline
The Australian Securities Exchange (ASX) has suspended Star Entertainment Group from trading after the company missed a critical deadline... more
Australia: The Star may win Queensland tax reprieve but New South Wales says no
The Star has been suspended from trading on the ASX after it failed to unveil its financial results for the 12 months to June 30, as its... more
Star hangs by thread after report finds it unfit to run casino
Star Entertainment Group Ltd.’s future hangs in the balance after an inquiry found the company had suffered from dysfunctional... more
BlueBet to exit the U.S. to focus on the Australian market
After a strategic review of its U.S. operations, BlueBet is leaving The States to concentrate on its core market in Australia, fewer than... more
Bet365 unveils international ‘Breaking News’ sports betting commercial
Bet365 has launched an ad campaign titled “Breaking News,” set to debut across the United States, Mexico, Australia and Europe.... more
Tabcorp fined AU$4.6 million for breaching regulatory obligations
Australian racing and wagering giant Tabcorp has been whacked with an AU$4.6 million (US$3.1 million) fine by the Victorian Gambling and... more
Record fine for fantasy sports betting company luring Australian gamblers with illegal offers
An online betting operator has been hit with a record fine for illegally offering inducements to gamble in dozens of ads. PlayUp... more
Golden Matrix to acquire 80% interest in Australia’s Classics for a Cause
Golden Matrix Group Tuesday announced that it has entered into a definitive agreement to acquire an indirect 80% controlling interest in... more
OPINION: Why sports gambling ads need to be out of our lives
Nothing, as the saying goes, is as powerful as an idea whose time has come. And that applies double when the idea is so obvious it would... more
Victorian minister wants full gambling ad ban
Victoria’s gaming minister has told her federal Labor colleagues it would be “nothing short of disgraceful” if the Albanese... more
OPINION: Betting ads a balancing act
We’ve all heard the saying that Australians would bet on two flies crawling down a wall if they could. Two-up was played extensively by... more
FanDuel parent Flutter Entertainment’s profits soar in Q2
Shares of FanDuel parent Flutter Entertainment rose — and those of rival DraftKings fell — on news of a profitable second quarter of... more
‘Australia has a gambling addiction,’ write former prime ministers
An open letter has been signed by prominent figures in Australia that demands a government ban on all gambling advertising within the next... more
