Victorian Resident’s Losses on Online Bookmakers Rise by 35% over the 4-Month Coronavirus Lockdown

Victorian Resident’s Losses on Online Bookmakers Rise by 35% over the 4-Month Coronavirus Lockdown

The losses generated by Victorian residents to online bookmakers rose to hundreds of millions of dollars during the coronavirus lockdown, with the figures rising up to 35% on the levels registered before the pandemic. Over AU$1.4 billion were lost by the residents of Victoria on online gambling and sports betting during the second half of 2020. The figure represented an AU$375-million increase on the same period a year earlier during the second wave of the coronavirus pandemic, while an extensive four-month lockdown forcing retail gambling venues to remain shut for…

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SkyCity Entertainment to Cease Partnership with Junket Operators in its Australia- and New Zealand-Based Casinos

SkyCity Entertainment to Cease Partnership with Junket Operators in its Australia- and New Zealand-Based Casinos

SkyCity Entertainment Group revealed that it decided to cease its collaboration with so-called junket operators that attract high-roller players to the company’s casinos in Australia after local regulatory bodies have shared their concerns about alleged links of junkets to organised crime at another casino giant, Crown Resorts. As part of its decision, SkyCity is changing its operating model. The gambling operator further revealed that it will deal directly with its international business customers. The company’s board of directors shared that SkyCity Entertainment is aimed at first satisfying the customer due…

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