Tag: Australia
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Meta Illegal Gambling Ads Australia ACMA Probe
Meta faces scrutiny over illegal gambling ads in Australia after a Sydney Morning Herald investigation found Facebook and Instagram promoting offshore casinos and fake brand sites. ACMA currently lacks power to compel removal, but a federal bill would change that from January 2027.
Star Cuts Quarterly Loss 70% but Survival Doubt Stays
Star Entertainment cut its June-quarter EBITDA loss 70% to AU$8m on Gold Coast strength, but the loss widened sequentially and going-concern doubts remain.
Iris Clears Queensland Approval for Reef Casino Bid
Iris Cairns Property secured Queensland approvals for its Reef Casino Trust takeover, reaching 79.79% voting power as it targets full ownership by mid-August.
Ex-Star Legal Chief Appeals AML Breach Findings
Star Entertainment's former general counsel Paula Martin is appealing findings she breached duties over money laundering risks, testing how far a lawyer's liability reaches.
Australia Fines Illegal Online Poker Ops AU$24M
Australia's Federal Court imposed AU$24.24m on illegal online poker services PPPfish, Shuffle Gaming and Redraw Poker, with one promoter's fine doubled.
