This year’s Powercor Stawell Gift carnival will not give spectators the opportunity to place bets despite the event’s traditional ties to sports betting. The Stawell Gift has been an annual racing event since 1878, and, as specified by Stawell Gift Event Management Limited (SGEM) on Thursday, the 2024 carnival is set to be held from March 30th to April 1st. According to SGEM Chair Murray Emerson, a notable number of the individuals who will be participating in the racing event are under-19s, including the defending champions who will be competing…
Read MoreAuthor: Daniel Williams
Channel Islands Lottery Launches Gambling Participation Survey
The government of Guernsey has announced the launch of a Channel Islands Lottery (CI Lottery) survey, which seeks to shed light on residents’ feelings regarding the lottery and their participation in it, and it will also cover other forms of gambling. Island Global Research is the entity conducting the survey. According to Senior Lottery Officer for Guernsey Jon Taylor, the survey will provide the CI Lottery with information that will assist in the future development of lottery games when it comes to player safety. Mr Taylor also said that the…
Read MoreOptus Sport Under Investigation by ACMA Over Complaint Regarding Gambling Ads
The Australian Communications and Media Authority (ACMA) has launched an investigation into media giant Optus Sport following a complaint filed last month by investigative journalist Jack Kerr that concerns the promotion of gambling operators. As reported by The Guardian, Kerr has alleged that a broadcast by Optus Sport of a December game between the Premier League’s Aston Villa and Manchester City contained frequent pitch-side advertisements of betting companies that have not obtained the necessary licensing to operate in Australia. Kerr named several bookmakers that were promoted during games aired by…
Read MoreStuart Andrew Confirms Government’s Decision to Introduce Financial Risk Checks for Online Betting
During yesterday’s debate on the Gambling White Paper proposal surrounding financial vulnerability checks, MP Stuart Andrew reiterated that the Government and the Gambling Commission are planning to move forward with enforcing the introduction of the said checks. The debate followed a petition concerning the issue, which was created by Jockey Club Chief Nevin Truesdale and reached 100,000 signatures. Mr Truesdale, along with other representatives of the horse racing industry, is against the implementation of the financial checks that will require online betting operators to check a client’s financial situation should…
Read MoreJockey Club CEO Urges UK Government to Abandon Plans to Implement Affordability Checks
On Sunday, a day prior to the Government’s scheduled debate regarding the affordability checks proposed in the Gambling White Paper, Jockey Club CEO Nevin Truesdale made a plea to the Government for the measure to be scrapped. His petition on the matter, which is set to end on May 1st, has thus far amassed more than 103,000 signatures. Currently, the plans dictate that individuals who incur a £125 net loss per month or £500 per year would be eligible to undergo financial vulnerability checks. This would mean that even losses…
Read MoreUK Government Announces £2 Cap on Online Slot Bets Placed by Under-25s
The UK Government announced earlier today that, starting September, gamblers who are 24 or younger will have their stake limits capped at £2 per spin when it comes to online slots. As for those who are at least 25 years old, the bet limit will stand at £5. Operators will be given a six-week transition period in order to implement the latter and an additional six weeks to develop and adopt any technical solutions that will facilitate the implementation of the £2 limit. These caps mirror the stake ceilings that…
Read MoreSkyCity Loses Casino Duty Appeal
In an announcement published on the Australian Securities Exchange (ASX) website, SkyCity disclosed the decision of the Australian Court of Appeal regarding the company’s casino duty dispute with the Treasurer of South Australia. The dispute in question concerned each party’s interpretation of a 1999 casino duty agreement, as the Treasurer of South Australia has argued that loyalty points clients earn and utilise during gameplay should be included in the SkyCity Adelaide casino’s gaming revenue and thus affect the casino duty SkyCity is mandated to pay, while SkyCity has argued otherwise.…
Read MoreIndependent Expert Panel Upholds 35-day Suspension of MP Scott Benton Over Gambling Lobbying Scandal
Member of Parliament Scott Benton has lost his appeal against a proposed 35-day suspension. The said suspension is related to accusations of him being willing to partake in illicit lobbying on behalf of the gambling industry. The Blackpool South MP was caught in the act by undercover journalists at The Times last spring who pretended to be gambling investors and arranged a meeting with Mr Benton. Although Mr Benton declined an “expert adviser” position offered by the supposed investors, he did make a series of offers during the meeting. Namely,…
Read MoreFinancial Crimes Expert Says Gambling Companies Should Brace for Regulatory Action Once AUSTRAC Concludes Its AML Investigation
Dr Jamie Ferrill, Discipline Lead of Financial Crime Studies and Senior Lecturer at Charles Sturt University, spoke with The Guardian’s Henry Belot on the potential impact an ongoing investigation into money laundering by the Australian Transaction Reports and Analysis Centre (AUSTRAC) will have on Australia’s gambling industry. As previously reported by Casino Guardian, the said inquiry was launched in November 2022, and it concerns major operators like bet365 and Sportsbet. Should the findings of this probe reveal that anti-money laundering (AML) laws have indeed been breached, the watchdog would not…
Read MoreNICC Announces Second Investigation Into The Star
The New South Wales Independent Casino Commission (NICC) has launched its second investigation into The Star Sydney, and as was the case with the first inquiry in 2022, Adam Bell SC will be in charge of the investigation. In light of the inquiry, the Star Group announced on Monday that the trading of The Star Entertainment Group Limited shares has been put into a temporary halt. As previously reported by Casino Guardian, the first investigation resulted in the issuing of the Bell Report, which outlined a number of breaches by…
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