Laurence Escalante Set To Buyout Investors In VGW
Laurence Escalante is set to take full control of Virtual Gaming Worlds (VGW), the company behind Chumba Casino, Luckyland Slots, and Global Poker.
Australia Gambling News
Melbourne Gambler Turns Down $25,000 From Betting Company To Withdraw Complaint
Gordon Burns, a 23-year-old from Melbourne, revealed that he turned down an offer of AU$ 25,000 to withdraw a complaint against BetNation and BetDeluxe.
Unibet Fined $1 Million For Australian Gambling Law Breaches
Unibet has been fined AU$1 million for over 100,000 breaches of the Interactive Gambling Act 2001. An investigation by the Australian Communications and Media Authority (ACMA) found more than 100,000 violations of the country’s gambling rules. Unibet Failed To Close 954 Accounts Which Had Registered With BetStop Unibet paid a AU$1,014,120 penalty in total for […]
PointsBet Fined AU$500,000 For Violating Spam Laws And Targeting Problem Gamblers
PointsBet Australia has been fined AU$500,000 (roughly $320,000) for violating Australia's spam rules. The company also breached the nation's laws related to Betstop, Australia's National Self-Exclusion Register (NSER), by promoting gambling to those on the list.
Gambling Billionaire Escalante In Expletive Laden Rant To Investors
Perth-based gambling billionaire Laurence Escalante gave an expletive-laden rant to investors, telling them to sell their shares in his gaming business Virtual Gaming Worlds (VGW) if they don’t trust him. The rant came on Telegram where Escalante faced questions about the transparency of the company’s financial reporting. Last year, VGW moved to annual reporting of […]
Australian Government Faces Backlash Over Reversal on Gambling Ad Ban
Prime minister bows to lobbying from gambling industry and media heavyweights
Entain Under Investigation for Serious AML Breaches in Australia
Ladbrokes and Neds owner plays by its own rules yet again
Star Gets Another Reprieve as Casino Suspension Deferred
Gold Coast license suspension was due to begin on Dec. 20th
Australia Gambling News
Australian Gambling Ads Ban Stalls Once Again
It's been 18 months since recommendations to limit ads were made but still no action taken
Australia Gambling News
Australian MP Wants Gambling Companies to Refund Crime-Funded Bets
New bill one of several that puts onus on gambling companies to return proceeds of crime to victims
Australia Gambling News
Crown Melbourne Fined $2 Million for Self-Exclusion Breaches
242 self-excluding gamblers allowed to place bets at casino
Australia Gambling News
VGCCC Fines ALH for Underage Gambling Breaches
24 charges of underage gambling at betting terminals
Australia Gambling News
TexBet Fined for Ignoring Customer Request to Close Account
Sportsbook also sent out offers and accepted 75 new bets from customer
Australia Gambling News
Australian Prime Minister Backtracks on Gambling Ad Ban
Albanese told to 'show some guts' and follow through on ban
Australia Gambling News
Australia’s New Rules on Gambling & Loot Boxes in Video Games Set to Take Effect
Games with paid loot boxes and gambling-style content to receive automatic classification and age ratings
FAQ
Is online sports-betting legal in Australia?
The Australian online gambling industry is thriving and is now worth an estimated AU$3.8 billon per year despite the fact that there are only three forms of online gambling allowed in the country. While the Australian legal code forbids unlicensed sportsbooks, there are still many legal and international gaming companies that allow Australians to access their platforms and place wagers online.