The Australian Federal Court has slammed a proposed Tabcorp-Tatts merger that would have seriously shaken up the massive Aussie gambling industry. It's a move that's left stakeholders on both sides stunned and shareholders wondering if it's not time to move on from the ambitious plan. Word of the court's decision broke on Wednesday when the…
Lottoland is under attack in Australia. All across the Land Down Under, gambling operators and governmental entities are mounting a fierce resistance to the company's unique business model that allows players to bet on the outcome of local and international lotteries. In Queensland, South Australia, and Victoria, local governments are working feverishly to scale back…
Australian online gambling operators are looking at a whole slew of new regulations and taxes as 2017 draws to a close. The new regulations are part of an ongoing effort by Australian lawmakers to exert more control over an industry they see as operating without proper regulatory boundaries. The first big hit to the Aussie…
Australia's digital lottery market is heating up as Crown Resorts launches a new digital lottery product called CrownLotto. It's a move designed to shake up the rapidly growing Aussie digital lottery market, but it's one that social critics are not happy about. Crown Resorts announced their new lottery product early this week and expect to…
After months of debate, the Australian Government has officially banned gambling ads during live sports broadcasts that air before 8:30 p.m. It's all part of a broadcast reform package that's extremely kind to broadcasters and pretty darn cruel to bookmakers. News of the ban came on Saturday morning and will likely have a major impact…
Advertisements that promote gambling are a mainstay of Australian sports broadcasting but they could be a thing of the past if a new proposal from the country's Communication Minister becomes law. Earlier this week, Aussie Communications Minister Mitch Fifield announced that he would be presenting a tough, new proposal that would ban all advertising for…
Ladbrokes' Australian division is being hit with a $35,000 ($26,334 USD) for running advertisements that ran afoul of Liquor and Gaming New South Wales' regulations. The advertisements in question allegedly induced citizens of New South Wales to gamble and that's a big no-no in New South Wales. Under New South Wales' law, operators are strictly forbidden…
Crownbet, an Australian was chided recently by Australian TV watchdogs for allegedly running gambling ads during a children's show. In the process, Crownbet became the first operator to be challenged under the country's new Commercial TV Industry Code of Practice 2015. According to reports from Australian media, Australia's Nine Network ran six ads for Crownbet during…
Australian lawmakers passed the Interactive Gambling Amendment Bill 2016 in to law this week and, in doing so, also effectively banned online poker in the Land Down Under. The move was terrible news for Aussie poker players, who immediately compared Tuesday to the infamous American Black Friday. It's also likely to accelerate the pace of…
Tabcorp, a well-regarded Australian operator, will be paying $35 million in fined for its failure to comply with Aussie anti-money laundering laws. The massive fine is the result of more than 100 instances of non-compliance and is taking a heavy toll on the company's bottom line. The fine is the fruit of weeks of negotiations…
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