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Young Australians most at risk of gambling harm: gov't report-Xinhua

CANBERRA, Oct. 26 (Xinhua) -- Australians aged 18-34 are at higher risk of serious harm from gambling than any other age group, a government survey has found. The Australian Gambling Research Center at the federal government agency, the Australian Institute of Family Studies (AIFS) on Thursday published the latest edition of its National Gambling…

Gambling Addiction ・ 26 October 2023

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Australia's Gambling Odyssey: From Gold Rush Gambles to Modern Jackpots

Australia, known for its picturesque landscapes and vibrant cities, has a lesser-known claim to fame - a deep-seated passion for gambling. From the glitz of iconic casinos to the ubiquitous allure of poker machines (pokies), gambling has woven itself into the fabric of Australian culture. In this article, we'll take you on a journey through time,…

Winnings ・ 19 September 2023

ABC Australian Broadcasting Corporation

Online gambling industry regulation back in focus during inquiry's hearings

Thanks to online gambling, John is someone who knows how it feels to lose everything. The federal government launched its inquiry into online gambling last year Industry, stakeholders and researchers will front hearings in Canberra today Some researchers argue betting companies need to do more to ensure problem gamblers are supported to quit When…

Gambling Addiction ・ 28 February 2023

Gambling News

Another Victim of Gambling Harm in Australia

After suffering for 12 years of addiction, an Australian woman was reported to have lost more than $350000 gambling. What do you think the cost was for 56-year-old Aaron, who had started gambling at a very young age? He says he could've bought a house if it wasn't for his addiction. An Australian man was enthralled by gambling for nearly half a…

Incidents ・ 17 November 2022

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The Age

Crown Melbourne casino fined $120m for breaching gambling laws

Crown fined $120m: Regulator says casino's conduct can't be forgotten or tolerated Crown Resorts will pay a record $120 million in fines for failing to encourage responsible gambling at its Melbourne casino, in particular for letting customers gamble for more than 24 hours straight. The Victorian Gambling and Casino Control Commission announced the…

Law ・ 07 November 2022

The Sydney Morning Herald

Are gambling ads destined to go the way of tobacco ads?

Nationals leader David Littleproud is quick to emphasise he is no wowser when it comes to gambling; he enjoys a punt here and there. But when he sits down to watch the NRL with his three sons (aged seven, nine and 16), he, like many Australians, is disturbed by the barrage of sports betting advertising blasted into the living room. "It grates on me…

Sports ・ 14 November 2022

Bayside News

Inquiry into online gambling harm begins

AN inquiry into the impacts of online gambling has been launched. Dunkley MP Peta Murphy chairs the House of Representatives' standing committee on social policy and legal affairs. The committee is seeking submissions on online gambling and the impacts it can have on problem gamblers. Murphy says that the committee's inquiry will "be a fresh look…

Gambling Addiction ・ 03 October 2022

Esports Betting

Aussies Crown Set To Slip With $100m Fine Possible

Crown Casino in Melbourne, Australia could be set to be hit with a fine of up to AU $100m after the Victorian Gambling And Casino Control Commission (VGCCC) began another raft of disciplinary proceedings against the casino. The state of Victoria had already completed their initial investigation into the goings-on at the casino, and as part of that…

Gambling Addiction ・ 05 July 2022

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Crown risks $100m fine in latest responsible gambling probe

This follows on from the state's initial investigation, but deals with findings that suggest Crown allegedly violated elements of the Responsible Services of Gambling regulations, rather than focusing on money laundering or links to groups suspected of organised crime. Victoria's Royal Commission first found Crown inadequate to hold a licence in…

Gambling Addiction ・ 05 July 2022

ABC Australian Broadcasting Corporation

Crown's Sydney casino to deliver $100m in extra tax revenue for NSW government in first year, experts say

Crown's Sydney casino is expected to deliver an extra $100 million in tax revenue to the NSW government in its first year, just a quarter of what its Melbourne venue delivers to Victoria's coffers. Crown was granted a licence to run its Sydney casino earlier this week Experts say the casino will make a quarter of what Crown Melbourne makes Crown…

Finance ・ 26 June 2022

Brisbane Times

Crown Barangaroo’s casino licence is critical to its survival in Sydney

But the world was a very different place in 2012, when Packer unveiled his grand plans with NSW premier Barry O'Farrell, and talkback radio king Alan Jones, providing the backing chorus. The casino mogul was still educating his fellow Crown investors, various state governments, and Australians at large, about the new phenomenon of Chinese tourists…

Gaming Authorities ・ 24 June 2022

The Washington Post

In Australia, slot machines are everywhere. So is gambling addiction.

SYDNEY - One by one, the men and women recounted lives ruined, relationships severed, bank accounts emptied. A young father stared at the ceiling in shame as he described another relapse. A burly man's voice broke as he recalled stealing from his sons' piggy bank to fuel his habit. A woman on zoom clutched her cat to her chest as she described…

Gambling Addiction ・ 26 April 2022

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Marlow Hotel Group Investigated over Incentives to Problem Gamblers

NSW Regulator Investigates Marlow Hotel Group-owned venues and their practices to entice chronic poker machine addicts with alcohol and cash. Marlow is the same company that became a recent target of New South Wales gaming regulator for a different, but similar, reason. The company owns the Rose and Crown, which received a fine of $107358…

Incidents ・ 13 April 2022

ABC Australian Broadcasting Corporation

The wheels at Perth's Crown Casino keep spinning despite royal commission's damning assessment

Once again, one of Crown's casinos has effectively been found to be too big to fail. Like its Victorian equivalent last year, the final report of the Perth Casino Royal Commission found Crown was not suitable to hold WA's only casino licence - but gave it two years to fix its problems. Through numerous high-level inquiries and the media coverage…

Politics ・ 27 March 2022

Vegas Slots Online

Star Hid AU$900m in Gambling Transactions From Banks

The Star allegedly lied to banks and categorized AU$900m (US$660.5m) worth of gambling transactions as hotel expenses. [Image: Shutterstock.com] The Star Entertainment Group allegedly hid AU$900m (US$660.5m) worth of Chinese gambling transactions from banks, an inquiry into the Australian casino company has heard. The operator disguised the money…

Gaming Authorities ・ 17 March 2022

Real Money

Blackstone Poised to Become Biggest Aussie Gambling Operator

Private equity powerhouse Blackstone Inc. (BX) looks set to become the biggest gambling operator in Australia after it made an improved offer for Crown Resorts (ASX:CWN and CWLDY), which the casino company's board said shareholders should accept. That's unless a better offer comes in... I've written about this saga a couple times before,…

Travel ・ 14 January 2022

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Where Do People Gamble the Most?

Gambling has been around for centuries and found various uses among those who partake in the activity. From resolving conflict to assigning chores, games of luck were always incorporated into people's lives. Currently, about 1.6 billion individuals gamble and 4.2 billion people gamble at least once per year. That means 26% of the world population…

Gaming Authorities ・ 23 November 2021

ABC Australian Broadcasting Corporation

Loan sharks on Crown Perth casino floor preying on vulnerable gamblers, support services say

Stuart* had just lost money gambling at Perth's Crown Casino when a man approached him with an offer. The Crown Perth royal commission is examining submissions by gamblers Concerns have been raised that the casino has failed to halt loan sharking There are calls for gambling limits on pokies and a self-exclusion register "I can help you out," the…

Law ・ 26 September 2021

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Gambling Addict Sues Australia's Crown Resorts for $3.3m

Ahmed Hasna, a high-roller with a serious gambling addiction, is suing Australia's Crown Resorts casino group, which is majority backed by media magnate James Packer, for over AU$4.5m (US$3.3m). Melbourne local government councilor and award-winning journalist Stephen Mayne took to Twitter on August 10 to share news of Hasna's suit, which he said…

Travel ・ 11 August 2021

The Sydney Morning Herald

Five bombshells that could blow away Crown’s Melbourne casino

As the future of Crown's sprawling Southbank casino hangs in the balance, these are the five problems he will be weighing up. Crown Melbourne made around $1.2 billion from its poker machines and table games every year before COVID-19 - excluding high rollers - and doing that "responsibly" is a key requirement of its casino licence. But it was…

Law ・ 09 July 2021

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Sleeping, eating, losing at Crown: problem gamblers sucked dry

Problem gamblers routinely spend days in Melbourne's Crown casino, sleeping in their cars and squandering tens of thousands of dollars an hour under pressure from casino staff, the Victorian royal commission has heard. The stories are brutal, honest and heart-wrenching, laying bare the tactics designed to keep problem gamblers playing. Binbin Du…

Gambling Addiction ・ 02 July 2021

The Guardian

‘Shameful experience’: gambler lost $300,000 at Crown casino in two months

Binbin Du gambled at Crown Melbourne for at least eight hours every day, soon after his marriage broke down, losing $300000 in two months. During a two-month stretch from November 2019, he sometimes clocked up more than 15 hours straight on the gaming floor of the Southbank casino. But only once did a Crown staff member check on him. "It was a…

Sports ・ 29 June 2021

Real Money

Crown Shares Soar on Blackstone Bid for Aussie Casino Operator

Crown Resorts (CWLDY) shares won big on the ASX today, with the stock soaring 21.4% in Sydney trade. That's after the troubled casino operator on Monday said it had received an A$8.0 billion (US$5.4 billion) buyout bid from the world's largest private-equity investor, the Blackstone Group (BX). The offer from Blackstone, which already owns 9.99% of…

Travel ・ 07 May 2021

The Sydney Morning Herald

Sydney’s casino report released under privilege

The NSW government will release the findings of its long-running probe into Crown Resorts under parliamentary privilege so it can defend itself against potential defamation claims launched by the casino giant's executives. The precaution foreshadows potentially explosive findings in former Supreme Court judge Patricia Bergin's 800-page report into…

Gaming Authorities ・ 08 February 2021

Nation Online

Gambler punting on horses and NBA spent 15 hours a day at casino losing marriage $300k in TWO MONTHS

Punter lost his marriage, his property portfolio and $300000 betting at casino He'd spend up to 15 hours a day at the casino - but staff only intervened once By then it was too late and he says he was seriously addicted and beyond help He went from betting on horses to playing blackjack to VIP room baccarat table A gambler lost $300000 in just two…

Baccarat ・ 29 June 2021