A “hands-off approach” has made Australians the world’s heaviest gambling losers, a scathing report claims, criticising the nation for letting the industry “run rampant.”The average Australian adult spends $1,635 a year on gambling, according to a Grattan Institute report.That figure exceeds typical household electricity bills and far surpasses the gambling spend in comparable nations such…
The Victorian government will slash the maximum cash input into poker machines from $1000 to $100 under sweeping reforms tabled in parliament today. The new laws establish the foundation for carded play, requiring gamblers to use a player card before operating a machine. The card informs players about their gambling behavior and enables them to…
A woman from Western Sydney says she can finally quit working “seven days a week,” buy her first home, and “take some holidays” after winning the full $100 million Oz Lotto jackpot. The winning numbers in draw 1616 were 3, 34, 35, 26, 44, 39, 36, plus the supplementary numbers 5, 45, and 6.It marked…
Bet365 has bounced back to profitability in its latest financial year, citing strategic product enhancements and strong momentum in the US market as key growth drivers. According to the operator’s Companies House filing for the 12 months ending 31 March 2024, group revenue rose 9% year-on-year to £3.72 billion (€4.48bn / $4.65bn), up from £3.41…
The Australian government has announced a formal review into the growing presence of online keno and foreign-matched lotteries, signaling a potential crackdown on these forms of gambling due to concerns over community impact and consumer harm. According to the government, the review aims to better understand how these products are affecting Australians, particularly vulnerable individuals…
Macau lawmakers say it’s long overdue to revise the city’s outdated casino advertising legislation. On Friday, the government introduced proposed changes to a law first enacted in 1989—well before the rise of digital marketing and more than a decade before the first casino concessions were issued in 2002. Under the amended law, any form of…
Star Entertainment has officially announced a significant restructuring move in a bid to avoid insolvency, confirming today (7 March) that it will sell its 50% stake in Brisbane’s Queen’s Wharf project and consolidate ownership of key assets on the Gold Coast. Star Unloads Queen’s Wharf Stake for AU$53 Million In an ASX filing, Star revealed…
