Tag Archives: victoria

Tabcorp has accrued corporate losses of AU$636m (€385m) as detailed in the interim 2023/2024 accounts of the ASX gambling group. Statutory losses were attributed to Tabcorp booking impairment charges of AU$731m (€440m) during H1 2023/2024 trading for the reporting period up to 31 December 2023. As reported: “Non-cash impairment charges relate to certain assets in New South Wales (NSW) and …

Tabcorp Holdings has won the exclusive tender to operate the Wagering and Betting Licence of the State of Victoria. 2024 will see the Victorian government modernise the state’s wagering regime to improve consumer protections and tax collection from betting duties. Tabcorp’s flagship TAB brand will serve as the exclusive operator for retail wagering and betting in Victorian pubs for a …

The Public Accounts and Estimates Committee (PAEC) of the Australian state of  Victoria has called for stricter regulations on gambling advertising. The public body has recommended that its state government align with South Australia’s policy, which bans gambling adverts on TV from 4pm to 7:30pm. The recommendation forms part of the PAEC report, following an eight-month review of three Auditor-General …

Responsible Wagering Australia (RWA) member bookmakers are preparing themselves for NSW GambleAware Week, centred around the theme ‘What’s gambling costing you?’. The trade association and industry standards body, which includes prominent licence holders bet365, Betfair, Entain, Sportsbet, PointsBet and Unibet as members, encouraged ‘all Australians to join in supporting this worthwhile initiative’. However, the RWA also reiterated long-held concerns by …

The state of Victoria is on track to introduce some of Australia’s most extensive player protection laws under a new legislation proposed by the government, the Gambling Legislation Amendment Bill 2023. Drafted and sent to parliament by state Minister for Casino, Gaming and Liquor Regulation, Melissa Horne, of the governing Labor Party, the Bill proposes new measures for both sports …

Tabcorp along with eight venues have been charged by the Victorian Gambling and Casino Control Commission (VGCCC) for allegedly allowing minors to gamble. In breach of the Gambling Regulation Act 2003, Tabcorp faces a total of 54 charges from the VGCCC, including 27 counts of allowing a minor to gamble and failing to reasonably supervise its electronic betting terminals. The VGCCC has charged eight …

The Victorian Gambling and Casino Control Commission (VGCCC) has completed a three-year investigation into Tabcorp, issuing the firm a fine of AUS$1m (€6m). Tabcorp, the largest gaming company in Australia and one of the market leaders in sports betting via its TAB brand, was charged with failing to comply with VGCCC directives to provide information during an outage. The ASX-listed …

The government of Victoria has unveiled a range of reforms to gambling in the state, specifically around player protection and gambling harm prevention and particularly targeting gaming machines. Daniel Andrews, Premier of Victoria, and his Labor government, aim to make player protection in the state ‘the strongest in Australia’ with reforms to electronic gaming machines (EGMs), drafted with Minister for …

The Esports Integrity Commission (ESIC) will collaborate with Victoria Police in combatting betting-related match-fixing in esports within Australia. The agreement sees Victoria Police support ESIC, a not-for-profit organisation comprising government bodies, national federations, and event organisers, in its mission to safeguard the integrity of the burgeoning esports market. ESIC will provide real-time betting alerts to Victoria Police’s Sporting Integrity Intelligence Unit …

The government of Victoria, the second most populous state of Australia, has introduced new safer gambling policies, including nationally-adopted messaging but also some specific measures focused on the Crown Melbourne casino. Melissa Horne, the state’s Minister for Casino, Gaming and Liquor Regulation, detailed that Victorian licence holders will have to replace the ‘gamble responsibly’ tagline in their advertising with some …