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Australia News - Page 38

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Australian Casino Audits Downgraded

International News Brief: Auditing of high-roller accounts at Crown Casino was drastically downgraded more than three years ago, according to Office of Gaming Regulation reports.

South Australian Gaming Minister Appointment Criticized

International News Brief: Welfare groups have called on South Australian Premier Mike Rann to rethink his new Cabinet line-up, citing a conflict of interest in the new roles the Gambling and Racing Minister.

TAB Slams Betting Exchange Plans

International News Brief: TAB has slammed claims by British betting exchange Betfair that it plans to set up a competing exchange in the Australian market.

Gambling Granny Stole Millions

International News Brief: A grandmother who stole almost $3 million from her employer was yesterday jailed for at least 4 1/2 years.

Australian Law to Track Money

International News Brief: Casinos and other businesses will be asked to report on their customers' business under a tough new regime to track money linked to crime and terrorism.

Reef Casino Back in the Black

International News Brief: Reef Casino Trust reports a net profit of AUD$11.1 million, a 33 per cent rise on the previous year's net profit of AUD$8.4 million.

Packer to Recoup Casino Investment

International News Brief: Kerry Packer is poised to recoup AUD$3 million of his investment in Burswood on the back of a profit recovery which has also sparked renewed speculation about a takeover bid by the billionaire.

Cricket Player Dismisses Gambling Rumors

International News Brief: Shane Warne and Cricket Australia today both dismissed a report the leg-spinner was seen in the company of an Indian gambler during Australia's victorious 1999 World Cup campaign in England.

Australian Gaming Machines to be Removed

International News Brief: Three thousand gaming machines look set to be removed from South Australian pubs and clubs in what the Australian Hotels Association.

Sky City to Buy MGM Casino

International News Brief: SkyCity has signed a contract to buy the MGM grand Darwin casino for AUD$220 million.

Pokie Revenues Key to Australian Teams

International News Brief: Poker machine revenue was a key factor in determining the profitability of many Victorian AFL clubs last season.

Crown Wins High Roller Case

International News Brief: Melbourne's Crown Casino has won the latest round of its legal battle with a high roller but taken a heavy hit from judges for laxness applying financial controls.

Businessman Accused of Multi-Million Dollar Swindle

International News Brief: A passion for punting fuelled Victoria's biggest stamp duty fraud worth more than AUD$10 million, a court heard yesterday.

Illegal Gambling Expected for Cricket Finals

International News Brief: The International Cricket Council's Anti-Corruption and Security Unit is bracing for a substantial increase in illegal betting activity for Australia’s finals series against India.

Gaming Donations Fill Australian Government Coffers

International News Brief: Former Crown Casino boss Lloyd Williams donated more than AUD$50,000 to the Victorian branch of the Labor Party last financial year.

Stroke Victim Thrown Out of Casino

International News Brief: A stroke victim was thrown out of an Australian casino because bouncers thought she was drunk.

Burswood Shares Rally

International News Brief: Burswood Ltd shares rallied after Perth's casino operator pleased the market by unveiling an unaudited first half 2003/04 operating profit of about AUD$23 million.

Aussies Bet on Roach Races

International News Brief: Gambling-mad Australians are now they're placing bets on cockroaches.

Australian Opposition Targets ATMs

International News Brief: A federal Labor government could use Commonwealth power over the placement of automatic teller machines as part of a national effort to combat excessive gambling, the Opposition Leader, Mark Latham, has indicated.

Australian Politician Applauded for Stance

International News Brief: Tasmania's Council of Social Service says federal Labor leader Mark Latham has correctly identified a major obstacle in solving problem gambling.

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