Author: Olivia Cole

Crown Resorts has officially revealed that Steve McCann will step down from the chief executive officer position only a couple of weeks after the Australian casino giant was acquired by Blackstone. Mr McCann spent only about a year as CEO of Crown Resorts after arriving at the gambling company at a time when it was trying to restore its reputation following a series of public scandals that hit it hard over the last few years. As revealed by the new owner of the Australian casino company – the US private…

A report that has been just recently published by the Behavioural Insights Team (BIT) has revealed quite some failures of the UK gambling operators to protect the safety and well-being of their customers. As revealed by the UK social purpose organisation, which is also known as the “Nudge Unit”, its Gambling Policy and Research Unit (GPRU) held comprehensive checks of 10 of the British leading gambling operators: Betfred, 888 Holdings, Paddy Power, Betfair, William Hill, Ladbrokes, Coral, Skybet, Betway and Tombola. The audits, which were held between March and April…

Australian operator Aquis Entertainment Ltd is still being pursued by investors after the company received a second offer to take over Casino Canberra. As Casino Guardian previously reported, Aquis originally received an acquisition bid worth AU$52 million to dispose of the casino to Capital Leisure and Entertainment Pty Ltd. At the time when the first takeover offer was made, the company signed a share purchase deal. Now, Aquis Entertainment has taken into consideration a rival bid that is significantly bigger than the one that Capital Leisure and Entertainment proposed originally.…

Only a couple of months after Crown Resorts suffered an AU$80-million penalty from the Victorian gambling regulatory body for violating anti-money laundering rules, the operator faces fresh disciplinary action from the watchdog. This time, the Victorian Gambling and Casino Control Commission (VGCCC) has started proceedings against the Australian gambling giant’s Melbourne casino in relation to its Responsible Services of Gambling obligations. The company now faces allegations of failures that have affected thousands of casino patrons that have been considered vulnerable. The latest proceedings initiated by the regulator stem from the…

The investigation into whether Star Entertainment is suitable to hold its casino operating licence in Queensland is set to start later this month. As officially revealed, the inquiry is to be headed by the Honourable Robert Gotterson, a former judge, and will eventually report its findings to the Attorney General by September 30th. The probe is set to focus on 5 key areas and will determine whether the company is suitable to run its casino venues in Brisbane and on the Gold Coast. It was unveiled that the inquiry will…

The financial problems of Australia’s netball governing body have become a matter of increased interest over the last month. Netball Australia sold its Super netball grand final to the highest bidder, confirming that it is currently facing serious financial challenges on its way and even saying that it was ready to consider gambling sponsorships that could help it deal with the tough financial times it is experiencing. The netball governing body of Australia announced its 2021 financial results only days ago, describing the past 12 months as the most challenging…

The operator of the National Lottery – Camelot UK – has revealed that its lottery ticket sales suffered a decline amid the increasing living costs. The company reported lower lottery ticket and instant-win games sales. The National Lottery operator, which has recently started legal action against the UK gambling regulatory body after the UK Gambling Commission (UKGC) decided to grant the fourth licence to the Czech Republic-based operator Allwyn, announced a 3% decline in its sales to £8.1 billion in the year that ended on March 31st, 2022. The company…

The Government of New South Wales (NSW) has rejected the proposal of Star Entertainment Group Limited to add a further 1,000 gaming machines to the gambling operator’s casino in Sydney. If the proposal was given the green light, the Star Sydney would have seen the gaming machines it hosts boosted by 67% from 1,500. Despite all hopes of the Australian gambling and casino giant, the NSW Government refused to give the needed permission to Star Entertainment Group to boost the number of gaming machines in the operator’s gambling venue in…

The Sydney Barangaroo waterfront casino of Crown Resorts is expected to bring an extra tax revenue of about AU$100 million to the Government of New South Wales (NSW) over its first year of operation. According to some market experts, the gambling floors of the Sydney casino resort would not be able to deliver as much as promised for the state’s economy, considering the elimination of the high-roller market unless a major change in its operating permit is made. As Casino Guardian reported, last week, the NSW Independent Liquor and Gaming…