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Star Entertainment Faces Challenges but Secures Crucial Financial Support Star Entertainment, a major player in Australia’s casino industry, has faced considerable financial struggles this year. In a critical move, the company recently secured a new A$200 million debt lifeline to help cover significant cost overruns at its newest project, Queens Wharf in Brisbane. This move…
Australia to Tighten Online Gambling Ad Regulations Amid Concerns for Vulnerable Groups The Australian government has announced plans to introduce stricter regulations on online gambling advertisements. The proposed changes are aimed at curbing the growing exposure of gambling ads to vulnerable groups, particularly children and young people. This follows increasing public concern over the normalization…
Crown Melbourne License Retention 2024 In a significant development for Australia’s gambling industry, Crown Melbourne has successfully retained its casino license. This decision comes after the Victorian Gambling and Casino Control Commission (VGCCC) determined that the casino had sufficiently addressed the major failings identified in the 2021 Royal Commission investigation. Crown Melbourne had faced serious…