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Financial analysts, former employees and sports media experts have noted that Rupert Murdoch’s idea to merge Fox Corp and News Corp and profit from sports betting services needs yet to convince Wall Street experts that it is viable enough to meet goals, especially considering the fact that the valuations in the once flourishing gambling market. According to some people familiar with the situation, the proposal has been driven by his plans to consolidate his heritage in the hands of his son Lachlan Murdoch, who is currently the boss of Fox…

Online gambling operators will be required to implement new mandatory advertising taglines under the National Consumer Protection Framework’s new set of rules. The decision for the move has been based on new behavioural research that has been carried out alongside a current increase in problem gambling rates in online punters in Australia. The changes have been officially announced by the social services minister Amanda Rishworth earlier today, with the Federal Government promoting the rules as the first set of nationally-consistent messages in terms of the potential harm that could be…

The Government of New South Wales (NSW) has avoided a heated argument over a proposed cashless gambling card in parliament by putting off its bill seeking local clubs’ overhaul. Alex Greenwich MP, who is a crucial crossbench lawmaker, planned to officially introduce an amendment to the aforementioned piece of legislation that would include the implementation of a so-called cashless gaming card aimed at addressing and tackling gambling addiction and money laundering in the state. As Casino Guardian reported, in October, Racing Minister Kevin Anderson unveiled the piece of legislation to…

Chris Minns, leader of the Labour Party in New South Wales (NSW), has resisted a recent push for the introduction of a cashless gambling card in the Australian state, although a number of cross-bench Members of Parliament have been calling for the Government to back the proposal. As Casino Guardian reported earlier, the NSW Crime Commission published a long-awaited report regarding the introduction of the aforementioned cashless gambling card, which found that local club and pub visitors spent dirty money worth billions of dollars every year. As a result, the…

The New South Wales (NSW) Crime Commission has found that billions in “dirty” money have been used yearly for gambling in pubs and clubs located in the state. In response, the body suggested the implementation of cashless gambling cards for pokies, which can put an end to money laundering through gambling in the state. On Wednesday, a final report on money laundering cases in NSW was published after a joint law enforcement agency inquiry. The report revealed that concerning amounts of money earned from criminal activities were used for gambling…

The latest data published by the UK Gambling Commission (UKGC) showed some interesting figures, highlighting how the ease of COVID restrictions has affected gambling participation in the UK. Some of the key conclusions drawn from the most recent survey of the UK regulator include that in-person gambling participation and online gambling participation rates have increased compared to the figures from last year. Meanwhile, problem gambling rates seem to be stable. Sectors Like National Lottery, Online Slots, and Instant Win Games Indicate Significant Participation Rate Growth On Tuesday, the UKGC published…

The main body for Australian bookmakers, Responsible Wagering Australia (RWA), is worried about the suggested increase in betting tax in Queensland. According to the RWA, the increase in the said tax does not consider any potential measures taken by companies, which may lead to a $1.75 billion loss for the state’s revenue. On Monday, during a parliamentary inquiry, RWA’s chief executive, Justin Madden criticised the suggestion to widen the point of consumption tax. According to him, the decision to increase the tax from 15% to 20% at the end of…

For the last few years anti-gambling campaigners have raised their concerns that today’s young people are the future gamblers in the country. For that reason, Scottish authorities are willing to understand what the university students’ opinion about the activity is, as well as about cryptocurrency. This is exactly why a Scottish organisation called Fast Forward which promotes health and well-being for younger generations, is carrying out research and has called on university students to provide some feedback on cryptocurrency and gambling. Fast Forward is working in collaboration with two more…

The Australian Hotels Association and Clubs NSW revealed that facial recognition technology to help operators identify gambling addicts is set to be introduced to clubs across the state of New South Wales (NSW). The systems, which will be deployed across local hotels and clubs in 2023, have been developed by both associations. They will see the faces of problem gamblers scanned, and images cross-checked with a state-of-art system that monitors gambling addicts who have opted to take part in a self-exclusion scheme to keep themselves away from gambling. Under the…

Bolton Wanderers have supported a campaign aimed at bringing an end to gambling company sponsorship and advertising in professional sport. Currently, the campaign, called Against the Odds, is having negotiations with a range of football clubs and some of its officials have shared hope that the decision of the Horwich-based football club will trigger a nationwide movement. The campaign has urged all professional football clubs to cut ties with the country’s gambling sector. According to research by Against the Odds, gambling companies’ logos can appear more than 700 times in…