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Australia News - Page 34

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Australian Official Gambled Away Millions

International News Brief: A former ATSIC deputy chairman allegedly gambled nearly AUD$5 million at Queensland casinos over a 30-month period.

Betfair Pushes for Tasmanian License

International News Brief: The British-based Internet betting company, Betfair, says 150 Tasmanian jobs would be created if the State Government grants its website gambling exchange a license.

Australian Casino Rules Scrutinized

International News Brief: With two days till the Packer family's PBL discloses whether it will extend or close its takeover bid for West Australian casino operator Burswood, it's time to consider whether constraints should apply to PBL's tactics.

AUSTRALIA: E-gambling Regulation 'Not Needed'

International News Brief: Online betting exchanges were unlikely to boost problem gambling and did not need federal regulation, a government report has found.

Tasmania Casino Strike Closer to Resolution

International News Brief: An industrial dispute which erupted in Tasmania’s first-ever casino strike last weekend appears closer to resolution.

Tasmanians Lose $270 Million

International News Brief: According to the a new report, Tasmanians gambled away AUD$270 million last financial year.

Australian Gamblers Lose $15.3 Billion

News Brief: Punters lost a national total of more than AUD$15.3 billion last financial year, sparking a call yesterday for a summit on problem gambling.

Casino Workers May Strike Again

International News Brief: The union representing Tasmania's casino workers says their industrial action has exposed Federal Hotels's true colours.

Gambling Service Crisis

International News Brief: A bureacratic bungle has thrown the future of a free gambling service into limbo.

Tabcorp Takes Over Tab Ltd.

International News Brief: Gambling group Tabcorp Holdings today announced it had assumed management control of Tab Ltd, a day after the Tab board resigned en masse.

Bookies Suspend Betting on Rugby Team

International News Brief: Australian betting agency SportsTab has suspended betting on the odds of the National Rugby League frontrunners, the Sydney Roosters, winning the wooden spoon.

Australian Party Under Fire for Casino Tour

International News Brief: Australia’s Labor Party is under attack for planning a ‘behind-the-scenes’ tour of Crown Casino next month to raise money.

Casino Probed Over Prostitutes Claim

International News Brief: Victoria’s gaming watchdog will probe Crown casino after staff were caught getting a prostitute for a high roller.

Crown Casino Celebrates 10th Birthday

International News Brief: It is 10 years this week since the doors to the Crown casino's temporary headquarters were flung open at the World Trade Centre in Flinders St.

Bookies Worry about Australian Betting Exchange Review

International News Brief: An explosion in betting exchanges is tipped should Australia’s Federal Government's review of the Interactive Gambling Act fail to ban the revolutionary gambling medium.

Offshore Internet Gambling Expected in Australia

International News Brief: Australia’s gaming giants are expected to lose their fight to prevent offshore internet gambling, with the Howard Government tipped to allow international competitors.

Child Bonuses Linked to Rise in Gambling Business

International News Brief: Australia’s welfare groups have called for changes to the way family bonuses are paid following reports of a spike in business at gaming venues since families began receiving the Federal Government's $600 child payment.

Analysts Support PBL's Offer

International News Brief: PBL's sweetened $600 million cash bid for Perth's Burswood Casino has won support from stockbroking analysts although the target has yet to offer an opinion.

Packer's Goal Halts Burswood's Hand

International News Brief: Kerry Packer's insistence on winning 90 per cent control of Burswood is shaping as the last sticking point to securing the support of the casino group's reluctant directors.

Packer Sweetens Offers to Burswood

International News Brief: Kerry Packer's Publishing & Broadcasting Limited has offered to increase its bid by $25.2 million in its hostile bid for West Australian casino group Burswood.

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