Australian gambling

Victorian Gambling License

Tuesday, August 3rd, 2010

The Victorian government has announced the final shortlist of companies that are in the running to win the exclusive rights to provide wagering services to the state’s residents.  The shortlist includes Tabcorp, Tatts Group and Ladbrokes who will all be competing for the 12 year state gambling license which comes into effect in 2012.

The license [...]

Pokies in Victoria $611 per capita

Saturday, July 24th, 2010

Figures released by the Victorian government have revealed that Victorians have spent $611 per person on pokies in the last year.

Overall, a total of $2.7 billion has been spent by Victorians in the last financial year according to an article published in the Sydney Morning Herald.

The figures which are published by the Victorian Commission for [...]

Burswood casino $350m upgrade

Tuesday, July 20th, 2010

Perth’s Burswood casino looks set to get a $350m upgrade that will see it add an extra 300 online pokies and gaming tables to it’s casino floor.

According the Barry Felstead, Burswood’s CEO, the investment  will take place over 3 years and will also see upgrades to the resorts accommodation and restaurants in what is a [...]

Could Aus Vegas become a reality?

Thursday, July 8th, 2010

Rumours we are hearing from down under indicate that Australia may have its own Las Vegas in their own back yard.  The idea has recently been promoted by Aidan McLindon, an Independant Queensland MP, and the concept has created some controversy in the Sunshine State, particularly amongst those opposed to gambling and it’s online variant [...]

Federal Court expected to approve Australian Productivity Commission Report

Wednesday, June 23rd, 2010

According to news reports emanating today from Australia, it looks likely that the Federal Government will approve the Productivity’s Commissions Report on gambling which will see a raft of new reforms implemented within the Australian gambling and pokies sector.

The major headline grabbing changes will see the introduction of a maximum $1 bet per spin on [...]

Australian Pokies statistics

Wednesday, May 19th, 2010

A recent news programme from the BBC shows some interesting, yet alarming gambling statistics from Australia.  According to a BBC produced programme called ‘Close Up - Australia’s love for the pokies’, Australia has the 53rd largest population in the world but is home to over 20% of the world’s pokies, a statistic which goes some [...]

Vicotorian Government accused of pokies license fire sale

Wednesday, May 12th, 2010

The Victorian Government has been accused of a fire sale in issuing 10 year pokies licenses for a sum many believe is well below their market value.  The auction of 10 year licenses to run 27,500 pokies machines was expected to fetch $3 billion, but the actual figure ended up well short of this at [...]

Pokies Club secret link with Melbourne Storm

Tuesday, May 4th, 2010

The Victorian Gambling Commission  have announced that they are investigation payments totallimg $1.1m made by an Australian pokies club to the Melbourne Storm rugby league club.

Ace’s Sporting Club, owned by the pokies magnate Bruce Mathisen are alleged to have made payments to the Storm over a 7 year period that have aroused the suspicion of [...]

Betfair hit milestone

Wednesday, April 28th, 2010

Betfair, the online betting exchange recently hit a major milestone by passing the third millionth registered customer mark.  The company which was established a little over 10 years ago has gone on to become the global player in the betting exchange market.

The news comes as no surprise to those that have been using the Betfair [...]

Legal case to question Australian gambling licensing

Tuesday, April 27th, 2010

The recent seizure of a touch screen computer from a Melbourne pub is likely to test Australia’s outdated approach to the distribution of its gambling licenses.  The device, which simply offers drinkers internet access to Sportsbet, an Australian online sports book, is making a mockery of the existing gambling framework.

According to a report in the [...]