Australia

The NSW government is looking to restrict the operation of “synthetic lotteries” such as those run by online betting agency Lottoland.

Australian operators are concerned that a point of consumption tax introduced in South Australia may go national, which they say could potentially render the wagering industry unprofitable.

The A$11 billion (US$8.9 billion) merger between Tabcorp and Tatts is looking more likely to be delayed after the Competition Tribunal set an October 24 to 25 date for the merger rehearing.

Australia-listed Donaco International has been informed that the family of its managing director, Joey Lim has sold a total of 37.5 million shares in the company for an aggregate consideration of A$15 million (US$11.9 million).

Gaming supplier Aristocrat has announced the promotion of Chris Rowe to managing director, Asia-Pacific for Aristocrat.

Former Crown Resorts chief executive Rowen Craigie has been appointed to the Racing Victoria board, overseeing the state’s racing industry.

The A$11 billion (US$8.9 billion) merger between Australia’s Tabcorp and Tatts Group hit a rather large snag on Wednesday after the federal court ruled that the decision be sent back to the Australian Competition Tribunal (ACT).

Pokie clubs in Victoria will soon be hit with a number of changes aimed at reducing harm from problem gambling.

Aristocrat Leisure has denied in federal court that its machines are deceptive and designed to feed addiction, arguing that anyone unclear about how slot machines worked have “ready access” to answers.

Technology is changing the way that people gamble, in terms of their gambling experience, how they interact with operators in venues and online, and how gambling operators and regulators monitor and respond to customers. From a regulatory and corporate social responsibility perspective, it is important to clarify the risks associated with new technology, and how this can be used to minimize and prevent the experience of gambling-related harms.

 

Technology is changing the way that people gamble, in terms of their gambling experience, how they interact with operators in venues and online, and how gambling operators and regulators monitor and respond to customers. From a regulatory and corporate social responsibility perspective, it is important to clarify the risks associated with new technology, and how this can be used to minimize and prevent the experience of gambling-related harms. With disruptive technologies comes the need for a disruptive approach to problem gambling.



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