Friday, August 23, 2019

Australia regulatory round up: Anti-money laundering body bares its fangs

There have been several recent changes to its gambling legislation in Australia that may have wide implications in both the online and land-based sphere, including the first case brought under the anti-money laundering laws by AUSTRAC.On 22 July 2015, AUSTRAC initiated court proceedings against three subsidiaries of Tabcorp for “extensive, significant and systemic non-compliance with Australia’s anti-money laundering and counter-terrorism financing legislation.” This is the first time that AUSTRAC has initiated Court proceedings under the act, showing it's not a toothless tiger.  

RGB suspends Timor-Leste gaming plans on delays

Malaysia’ s RGB International Bhd has suspended plans to enter the gaming sector in Timor-Leste (East Timor) due to delays in license allocation, the...

Malaysia blocks 301 illegal gambling sites in 6 months

Malaysia has blocked access to 301 illegal gambling websites during the first six months of the year. Deputy Communication and Multimedia Minister Datuk Jailani Johari...

GVC Holdings ups bwin.party takeover bid to £1 billion

Following last week’s announcement that it would consider its options regarding its acquisition bid for bwin.party entertainment, GVC Holdings has tabled a £1 billion...

Australian authorities refer live betting investigation to Interpol

Bet35 and Ladbrokes Australia’s ‘click-call’ live betting features will be investigated by international police organisation Interpol, according to The Australian. The Australian Federal Police, who...

DoJ and NFL consider sports betting a ‘game of skill’

US sports network ESPN has disclosed that the Department of Justice and the NFL in legal documents have considered sports betting to be a...

SG rolls out major installation with Rank Group

Scientific Games Corporation will integrate its Operator Wide Area Progressive System with Rank Group Plc premises in what will be the largest installation of...

GES installs gaming systems in Crown Melbourne

Gaming Entertainment Systems announced it has installed its table progressive and bonus systems at Crown Melbourne. The GES Progressive system is installed on 40 poker...

GVC considers options regarding bwin.party bid

GVC Holdings is considering its options regarding its takeover bid for bwin.party Entertainment, after the FTSE listed operator announced last Friday that it had...

888 trumps GVC with $1.4 billion bid for bwin.party

c by agreeing a deal to buy fellow operator bwin.party for £898.3 million ($1.4 billion). The deal was announced to the stock market this morning....

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