Australia

Austrac Accuses Australian Casinos of Money-Laundering

 The HALLO ECHO
By:
0
0

  The Australian Transaction Reports and Analysis Centre (Austrac), a state-run financial intelligence organization, has leveled allegations against many of the major land-based casinos in the country. Crown Resorts, Star Entertainment and SkyCity Entertainment Group are among those who have received notices. Austrac has also reportedly contacted National Bank of Australia (NAB) regarding the matter.…

read more

BUSINESSES URGED TO REMAIN COVID COMPLIANT AND KEEP NSW SAFE

 The HALLO ECHO
By:
0
0

  The NSW hospitality industry is being put on notice with numerous serious breaches of COVID compliance being detected by Liquor & Gaming NSW inspectors. Liquor & Gaming Director of Compliance Dimitri Argeres said the developing situation in Victoria is a timely reminder for businesses to remain vigilant as inspectors are still out checking COVID…

read more

Australia Mulls Prohibiting Credit Cards for Online Gambling

 The HALLO ECHO
By:
0
0

  The Australian Parliament is planning to put into effect a law that would ban the use of credit cards or digital wallets for online gambling transactions in the country.  Already credit cards cannot be used in physical gambling outlets in the country. Andrew Wallace, a powerful politician belonging to Queensland Liberal National Party and…

read more

Crown’s Overhaul Wins Support from New South Wales Regulator, Signaling Casino May Open

 The HALLO ECHO
By:
0
0

  Crown Resorts Ltd, found unfit in February to run its Sydney casino, is making “significant progress” in addressing the concerns laid out by the regulator, a sign the struggling company is on a pathway to start gaming at its $1.7 billion waterfront resort. An independent monitor will report to the regulator on Crown’s structural…

read more

BERGIN REPORT UPDATE RE CROWN’S BARANGAROO CASINO

 The HALLO ECHO
By:
0
0

  The NSW Independent Liquor & Gaming Authority has reached agreement with Crown Resorts on several matters regarding operation of the Barangaroo casino. Crown has agreed with the Authority to: pay a proportion of the costs of the Bergin Inquiry, immediately commence payment of the Casino Supervisory Levy, not operate any international junket operations, make…

read more

Senet Announces Gambling Regulatory Education Programme

 The HALLO ECHO
By:
0
0

  Specialised training for organisations in the gambling sector will be rolled out for the first time in Australia as part of a new partnership between Australia’s leading specialist gambling law, regulatory, and compliance advisory, Senet, and the International Centre for Gaming Regulation (ICGR). Senet’s five-day gambling regulation education programme, Regulating the Game, is aimed…

read more