The Melbourne Magistrates' Court has ordered Australian gambling group Tabcorp to pay an AU$370,417 ($246,097) fine after the company pleaded guilty to 43 charges related to failing to prevent a minor from gambling at multiple venues across Victoria.

A Magistrate has ordered the Preston Hotel to pay a total of AU$25,300 ($16,600) for allowing a 16-year-old to access betting terminals and gamble at the Hotel on six occasions between May and September 2022.

The Victorian Gambling and Casino Control Commission (VGCCC) has charged Tabcorp along with eight venues for allegedly allowing a minor to gamble, in breach of the Gambling Regulation Act 2003. Tabcorp faces a total of 54 charges, including 27 counts of allowing a minor to gamble and failing to reasonably supervise its electronic betting terminals.

The Victorian Gambling and Casino Control Commission (VGCCC) will ban betting on all under-19 sports competitions and any betting on the performance of individual players under 18 in junior and senior sport.

Scientific Games on Thursday said it expects to hold no more than a minority equity interest in the entity that owns SG Lottery, should the company go ahead with an IPO of its lottery business. 

Good morning. Market catalysts are emerging. China's recent monetary stimulus is expected to boost Macau's growth as consumer and business confidence improves.

A group of senators in the Philippines on Wednesday urged increased vigilance in the upcoming 2025 elections to prevent issues similar to the controversy surrounding dismissed Bamban, Tarlac mayor Alice Guo.

The Securities and Futures Commission (SFC) of Hong Kong announced on Friday that it has initiated legal proceedings to secure a share repurchase order aimed at protecting independent minority shareholders of LET Group and Summit Ascent. 

Saved by the bell. The Star Entertainment Group has announced a one-day postponement of its annual results following the acquisition of an essential AU$200 million ($136 million) debt relief package. The agreement follows extensive negotiations between Star’s chief executive, its lenders, and various state authorities over several weeks. Also in Australia, opponents of a proposed ban on gambling advertisements are advocating for age verification methods to prevent minors from accessing sports betting content. As for Macau, tourism authorities are expecting over 100,000 daily visitors during the October Golden Week, as hotel bookings and occupancy rates surge.

The gambling reform debate intensifies in Australia over gambling advertising and youth protection.