Online Gambling News

Entain Sportsbook Operator Is in Talks to Get a Piece of Tabcorp Holdings Ltd While Racing NSW’s Boss Warns of Regulatory Authorization

A benchmarker land-based and online sportsbook operator Entain is bidding a non-binding offer to acquire media and wagering division from Tabcorp Holdings Limited at a huge non-disclosed amount. Entain is a company listed in London and parent to Ladbrokes land-based bookmakers in the United Kingdom. Tabcorp Holdings Ltd is a Melbourne headquartered firm whose 40…

Online Gambling News

Australia Creates a Council to Advice Sports Integrity Association

The International Betting Integrity Association (IBIA) might not have been doing their work right leading to the Australian government creating a council to monitor and advise what the body should do. The new Sports Integrity Australia Advisory Council (SIAAC) consists of nine members, each with specific skills and knowledge that contribute to the government’s overall…

Online Gambling News

Future of Credit Card Gambling Under Threat in Australia, ABA Survey Finds

A new survey conducted by the Australian Banking Association (ABA) shows credit cards could become prohibited for gambling activities. The ABA survey, known as Every Customer Counts, asked for community views on gambling transactions last year. Findings from the survey have been published and many participants felt the availability of credit cards contributed to problem…

Online Gambling News

AUSTRAC To Investigate Crown Casino Over Possible Money Laundering Breaches

In an announcement sent to the ASX, Crown said that the financial crimes regulator, AUSTRAC, had already identified possible non-compliance with the money laundering and anti-terrorism laws, including concerns linked to adopting, complying, and maintaining counterterrorism/money-laundering financing program, and current customer due diligence. The enforcement team of the agency has taken over the matter and…