Australia

austrac-and-skycity-agree-to-proposed-$67-million-penalty

AUSTRAC and SkyCity agree to proposed $67 million penalty

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Reading Time: < 1 minute   SkyCity Adelaide Pty Ltd (SkyCity) and AUSTRAC have filed joint submissions with the Federal Court of Australia, proposing a $67 million penalty over the casino’s contravention of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). A court hearing has been set down for 7 June 2024, at which Justice Lee…

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Crown Reinstated at Sydney Casino

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Reading Time: 2 minutes   The NSW Independent Casino Commission has found Crown Sydney suitable to retain its casino licence after nearly three years of intensive remediation. Chief Commissioner, Philip Crawford, said Crown has come a long way and must now demonstrate its long-term commitment to maintaining suitability. “The NICC is confident the Crown we…

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Venues Warned to Play by the Rules on ANZAC Day

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Reading Time: < 1 minute   Liquor & Gaming NSW is urging licensed venues across the state to plan ahead and have proper measures in place to ensure safe and responsible ANZAC Day commemorations. Pubs and clubs can face additional challenges on April 25 that come with managing larger than normal crowds and the playing…

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ACMA Reveals Illegal Gambling Crackdown Results

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Reading Time: 2 minutes   The Australian Communications and Media Authority (ACMA) revealed the outcome of a crackdown on illegal online gambling services operating around the time of the 2023 FIFA Women’s World Cup. The report published shows that 200 offshore services were reviewed in the lead-up to and during the event. Of those services,…

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VGCCC Fines BlueBet AU$50,000 for Gambling Advertising Breaches

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Reading Time: < 1 minute   BlueBet has been fined AU$50,000 by the Victorian Gambling and Casino Control Commission (VGCCC) for breaching gambling advertising regulations. The company was found guilty of 43 charges related to displaying gambling advertisements on or above public roads, contravening the Gambling Regulation Act 2003. The charges stemmed from an investigation…

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VGCCC Introduces New Rules for Wagering Account Statements

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Reading Time: < 1 minute   The Victorian Gambling and Casino Control Commission (VGCCC) has introduced new standards for how activity statements should be presented to wagering account holders. The new standards require providers to use plain English and avoid unnecessary vocabulary. The use of colours is limited to black and red to represent losses.…

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