Company Reports

Crown Perth did not cease the operation of its high-roller room during the lockdown period. This discovery is contradictory to the information provided by Crown to the ASX. What is more, the operation of Crown Perth’s Pearl Room during the lockdowns is in breach of the government rules in WA. The casino’s misconduct was revealed on Tuesday, during an investigation of the Perth Casino Royal Commission. The evidence for the high-roller room operating during the lockdowns was given by Melissa Smith, director of casino operations for gaming machines at Crown…

The oldest family-run casino business in Australia has shared its disagreement with plans that will put its exclusive operating licence in the state of Tasmania to an end within 2 years, claiming that it has not been properly notified of the changes by the state government. The operator also claims that the Tasmanian Government has been forcing them into actions that it found to be “highly inappropriate”. According to the Federal Group’s submission to the Future Gaming Markets draft legislation, the earliest date for the casino gambling business to start…

Crown Resorts has revealed that it decided to place a requirement for Covid-19 vaccination not only for its employees but potentially for its millions of customers. Earlier this week, the Australian gambling giant announced that it had to keep a more proactive position in terms of coronavirus vaccination as a response to an increase in the number of Covid-19 cases in the country. Steve McCann, CEO of Crown Resorts, confirmed that the patrons of its casino facilities in Melbourne, Sydney and Perth are now requested to provide proof of vaccination…

The Independent Liquor and Gaming Authority (ILGA) of New South Wales (NSW) has announced that it is going to investigate the operations of The Star Sydney casino resort. The probe will be much like the scrutiny that is being currently faced by Crown Resorts, as it will investigate the compliance of the gambling company-owned casino with the Casino Control Act 1992 and the Casino Control Regulation 2019. The probe will also look into The Star Sydney’s compliance with the legal and licensing rules of the state of New South Wales.…

Australian pay television and broadcasting company Foxtel was found to have breached local gambling advertising rules as it promoted a betting service and odds during a live match between Hawthorn and Geelong that took place as part of the Australian Football League (AFL) earlier in 2021. After an investigation held by the Australian Communications and Media Authority (ACMA), the media regulatory body revealed that the pay TV and streaming company violated the code of practice regarding subscription broadcasts at a time when it ran a wagering partner’s commercial on Easter…

The local government body responsible for most of London’s transport network – Transport for London (TfL) – is considering ways to suspend gambling advertising materials on display from its network after Mayor Sadiq Khan has addressed local advertising networks. Earlier in 2021 while he has been having his re-election campaign, Mr Khan made a promise to suspend such adverts on London’s Underground because of the extremely harmful way problem gambling is able to destroy gamblers’ lives and the lives of their families. A few days ago, a spokesperson for the…

Australian gambling company Tabcorp has filed an appeal to the Federal Government, as it seeks the authorities to impose more serious restrictions on gambling advertising during prime time in order to protect the most vulnerable people, including children and teenagers. The operator, which offers betting, lottery and media services, has warned that the increasing online gambling participation rates during the coronavirus pandemic have highlighted the need for greater intervention of the Government in the country’s gambling sector. According to David Attenborough, the CEO of Tabcorp, the Federal Government of Australia…

British online gambling group 888 Holdings has won the competition for the non-US business of William Hill. Earlier today, it was announced that the company has reached a £2.2-billion agreement with Caesars Entertainment, under which it is to take over William Hill’s European assets, including the brand’s 1,400 UK betting shops in a deal that will finally see them return to British hands. In a statement, 888 Holdings said it intends to raise about £500 million by initiating a capital raise to issue new equity. The company further noted that…

Online gambling company 888 Holdings has officially confirmed that it is currently in “advanced discussions” to purchase the European assets of William Hill. If the talks regarding the acquisition of William Hill’s business in Europe come to a successful conclusion, the deal would turn 888 in one of the largest online gambling companies in the UK. The gambling and betting giant made the statement after there has been some recent speculation in the press and confirmed that its discussions with Caesars Entertainment Inc. over a possible takeover of the non-US…

The gambling operator that owns Paddy Power, Betfair and a number of other popular betting brands has become the first bookmaker to impose limitations on the amount that young gamblers are allowed to lose. Flutter Entertainment made the move as part of its efforts to tackle the negative impact that gambling-related harm could have on its customers’ finances, jobs and personal lives. The company, which is currently the largest online gambling operator in the UK, revealed that approximately 35,000 players under the age of 25 sometimes lost an amount that…