Tag: Australia

Australian Poker Runs on Luck-Based Gambling

Australian Poker
February 20, 2018

Australian poker players truly seem to be scraping the barrel, or at least that is the picture that is being painted across the world, according to new research. In accordance with the latest research out of the Australian Gambling Research Centre or AGRC, there are approximately 132 000 Australians engaging in poker at any time in the country. If you’re wondering how they got to this picture, the report drew from the research released in last November’s Gambling in Australia findings which unveiled findings from the 2015 Household, Income and Labour Dynamics in Australia Survey. Of course, all of the… Read More

Asian High Rollers Wreck the Star

Star Casino
February 17, 2018

The Star Entertainment Group in Australia is suffering badly at the hands of VIP members from Asian countries who have been treating their casino as a mere pitstop on the way to something better. The overall profit the group produced fell spectacularly for the second half of 2017 and it is largely being blamed upon the reluctance of the Asian whales to lay down the cash. The Financial Results That Shocked the World The company released their financial results this past Friday and the results are as follows; the company had a 3.3% increase for revenue, which equates to A$1.27bn… Read More

Australian Gambling Authority Says ‘No More’ to Bitcoin Bets

Australian Gambling Authority
February 6, 2018

One of Australia’s most highly esteemed gambling regulators, namely the NTRC (Northern Territory Racing Commission) has snuffed out the hopes of bitcoin further succeeding in the Australian gambling industry, especially in the sports booking sector. The NTRC officially ordered bookkeepers licensed by Northern Territory to no longer accept bitcoin wagers or cryptocurrencies of any kind. Only fiat currency will be accepted from now on. The notice came in email form to all NTRC registered sports betting operators. Although the new policy only applies to those registered under the NTRC, this is nearly all Australian bookkeepers and sports betting licensees, as… Read More