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Australia News - Page 39

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Tattersalls Takes $2 Billion Plunge

International News Brief: Victoria's dominance of the multibillion-dollar gambling industry looks likely to be consolidated later this year with the AUD$2 billion-plus float of pokie machine and lottery giant Tattersalls.

Australia Targets Youth Gambling

International News Brief: Australia’s youth gambling will be targeted in a new bid to stop people becoming betting addicts in later life, the government said today.

Accused Criminals Banned from Australian Casino

News Brief: Accused drug kingpin Carl Williams and accused murderer Mick Gatto have been banned from Melbourne's Crown casino.

Australian Watchdog Loses Powers

International News Brief: The Bracks Government rejected proposals to give a new gambling watchdog independent powers following a backlash from the gaming industry.

Children's Game Linked to Online Casino

International News Brief: In Australia, a children’s computer game given away in packets of Nutri-Grain has been found to be linked to a US-based internet casino.

Gambling Embezzler Sentenced to Jail

International News Brief: A Melbourne payroll officer who stole more than AUD$2.4 million to fuel a gambling addiction will spend at least two years in jail.

Accountant to Return Stolen Gambling Money

International News Brief: A Melbourne court has been told an accountant who stole more than AUD$2 million from his employer is prepared to relinquish all his assets to pay the money back.

Gambling Addict Jailed

News Brief: A gambling addict who ripped off more than AUD$120,000 from financial institutions was yesterday jailed for at least a year.

Sentence for $19 Million Theft Stays

International News Brief: Western Australia's top prosecutor has failed in a bid to double the jail term of a bank manager who stole almost $19 million to feed an online gambling habit.

Punter's $1 Million Bet Pays Off

International News Brief: An international punter who gambled AUD$1 million recouped his stake and more than half that again yesterday when Lonhro won his final Melbourne race in the 2,000-metre Australian Cup at Flemington.

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.

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