Australian poker machine manufacturer Aristocrat Leisure is looking for further acquisitions following exceptional half-year results propelled by its Lightning Link and Britney Spears purchases as well as its success on the North American casino market. The gaming powerhouse saw its shares boosted by almost 60% during the last twelve months, with its net profit for[…]
There are laws regulating alcohol and tobacco, and now the same may apply to gambling services in Australia. This week, the Australian Association of National Advertisers proposed a code that would penalise gaming operators for ‘irresponsible’ advertisements. The AANA has stated that the code would apply to all forms of advertising, such as print, radio,[…]
Echo Entertainment has been in the headlines quite frequently this year, as its operations manager Sid Vaikunta was let go after being accused to sexually harassing staff. The scandal damaged the casino operator’s reputation, but recent reports show that Vaikunta was paid handsomely for his departure. According to the Sydney Morning Herald, Vaikunta received a[…]
Earlier this year, Sky City managing director Sid Vaikunta was sacked over allegedly taking part in a sexual harassment scandal. Although the casino operator did the right thing by letting the executive go, Sky City is still paying for the event – literally. The company has been fined $110 000 by the Independent Liquor and[…]
P & O Cruises has been accused of running an illegal gambling operation, after it was discovered that a casino was available on the property. A cruise that left from Sydney early last week was discovered to host a wide range of casino games, including 40 poker machines. The operation has been deemed illegal as[…]
The Australian online gambling market is restricted by some very stern laws. While it seemed as though the government may be letting up and considering the possibility of legalizing online gambling, a new development has occurred. Instead, new regulations may require internet service providers to play a role in the prohibition of online gambling. The[…]
The Gillard government has recently announced that local gaming operators would be allowed to offer live, in-game betting to residents. After years of prohibiting the activity, the government has finally changed its tune, choosing to intercept transactions between citizens and offshore casino websites. Julie Gillard has informed local, regulated operators that they may offer in-game[…]