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AUSTRAC insights: Money laundering and terrorism financing in Australia

Listen To Article Australia has recently published two national risk assessment reports, highlighting the threats of money laundering and terrorism financing, where casinos are mentioned as one of the sectors at risk. According to the first report titled “Money Laundering in Australia: National Risk Assessment,” traditional methods such as cash, banks, luxury goods, real estate […]

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Hans van Slooten named new Director of Operations for Holland Casino

Listen To Article As mentioned, Van Slooten will be taking over the role from Leise, who has been with Holland Casino for 39 years, starting as a Croupier. During his time, he has also been a Casino Manager of various locations, Regional Director and Chief Operations Officer, while also being Director of Operations, and Regional

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Kidd: SkyCity to implement AML measures as further deterrent

Listen To Article SkyCity Entertainment CRO Carolyn Kidd says the operator will implement new AML measures as a further deterrent to criminals from using SkyCity as a means for their money laundering operations. The announcement came in after SkyCity’s Adelaide business was faced with a penalty of AU$67m (US$44m) by the Federal Court for AML/CTF

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Macau casinos expect slowdown as China fights illegal money exchange 

Listen To Article Macau’s gaming sector may have to brace for slow July growth, as China authorities intensify efforts in battling illegal money exchange. As Macau news agencies reported, analysts from Morgan Stanley, Praveen K. Choudhary, Gareth Leung, and Stephen W. Grambling, have forecasted that the second quarter “is projected to report the first negative

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Spinmatic expands to North America through Blazesoft partnership

Listen To Article Blazesoft has announced the launch of European game developer Spinmatic’s titles in the North American market via its social casino brands Fortunecoins.com, Zulacasino.com and Sportzino.com. This move marks Spinmatic’s debut in North America, introducing a variety of the company’s games to new audiences. Off the back of the partnership, Fortune Coins Casino,

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SkyCity: New CEO begins, appointment of new CFO

Listen To Article SkyCity Entertainment Group CEO Jason Walbridge has commenced his duties in charge of the New Zealand operator.. Walbridge, who was appointed in April this year, has begun in the role, while Julian Cook, SkyCity’s Board Chair, will become an independent director and cease his executive role moving forward. Callum Mellet, previously Interim

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Svenska Spel H1 results: Profit down 19%, Casino Cosmopol numbers tumble

Svenska Spel has reported its interim results for the January – June 2024 period, as well as its Q2 results.   H1 results  In the period January – June 2024, Svenska Spel has reported revenue of SEK 3.83bn ($360m), down a relatively small 3% from the same period last year. This decline can be attributed

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Gala Bingo launches ‘Gala Bingo x The Chase Ultimate Quiz Night’

Listen To Article Gala Bingo is set to host its first in-person PR activation in collaboration with ITV’s The Chase, titled ‘Gala Bingo x The Chase Ultimate Quiz Night.’ This event will offer fans of Gala Bingo and The Chase an opportunity to test their general knowledge against some of the show’s most renowned ‘Chasers.’

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Operator bet365 launches in Pennsylvania with Presque Isle Downs Casino

Listen To Article Industry giant bet365 has officially launched its sports betting and casino services in Pennsylvania, expanding its presence to the 11th US state. This launch is in partnership with Presque Isle Downs Casino and introduces bet365’s online Sportsbook and Casino to Pennsylvania residents. The new betting platforms are accessible at pa.bet365.com for sports

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