Nonagenarian father of Australian gaming Len Ainsworth has cashed out for around half a billion dollars to make room for a new big player in Australia and opportunity for AGT. After more than half a century in poker machines, the eponymous 92-year-old Len Ainsworth is selling his controlling share in Ainsworth Gaming Technologies to Austrian-based […]
AINSWORTH TO SELL TO NEW AUSSIE PLAYER FOR $473m + OPPORTUNITY Read More »
Tabcorp continues to morph to meet the changing market, announcing a new partnership and profit results in transformation. The ASX-listed Australian gaming giant released its half-yearly results yesterday, which spoke mostly of profits down due to capex and restructure in light of changing markets and opportunity. Results stating Net Profit After Tax (NPAT) were down
The Gaming Technologies Association has announced dates for this year’s Australasian Gaming Expo, which is set to be yet again one of the world’s largest gaming technology events. Set to showcase over 200 exhibitors across 17,000+ square metres of the Sydney Exhibition Centre @ Glebe Island, the 2016 Australasian Gaming Expo (AGE) will take place
Debate over the impact of off-shore sports wagering has blown up again following submissions to the O’Farrell review by the major sporting bodies and industry stakeholders including the AHA. The 2001 Interactive Gambling Act allows for “in-play” betting via land-based systems such as pubs, Clubs and TABS, but crucially – not online. The Coalition of
REVIEW HEARS BOTH SIDES SLAM INTEGRITY OF ONLINE BETTING Read More »
The latest gaming figures from ILGA speak to the argument that supply is not the key factor in the proliferation of gaming – with revenue rising as machine numbers fall. The 2014-15 report into gaming in NSW by the Independent Liquor & Gaming Authority (ILGA) released this week shows an overall increase in gaming turnover
Gambling Research Australia has conducted the largest research program on self-help strategies and implementation in Australia, with important results for potential problems gamblers. The GRA’s study provides comprehensive descriptions and analysis of self-help strategies, within an Australian context. It cites that self-help is the most widely used and first-choice method of help amongst troubled gamblers
GAMBLING RESEARCH AUSTRALIA PUTS PERSPECTIVE TO REAL HELP Read More »
The AHA is amongst those calling for online poker machines to be included in the Government’s review into illegal offshore betting. Speaking to PubTIC, Australian Hotels Association (AHA) National CEO Stephen Ferguson says they are pushing to have gaming as part of the scope in the review, given they are so detrimental to society. “People
Recent figures on gaming in Victoria have sparked a chorus of anti-pokies rhetoric unseen since the heady days of Wilkie’s crusade for mandatory pre-commitment. The Victorian Commission for Gambling and Liquor Regulation details the licence type and gaming revenue of all such venues in the State, and notes $2.571 billion for FY15 (incorrectly reported in
VICTORIAN POKIES CENSURED AS MINISTER GUILTY BY ASSOCIATION Read More »
Echo Entertainment has emerged the winner in the battle for Brisbane’s multi-billion dollar new casino and resort development. Queensland Premier Annastacia Palaszczuk announced Monday that Cabinet had signed off on the project, following a decision on a resort-style complex to rival anything in Australia and Asia. “The independent panel went through a number of criteria …
The long-running stoush over Victorian horse racing has entered a new stage with the AHA calling for a moratorium on fees to venues. The agreement between Tabcorp and the Victorian thoroughbred racing industry expired 31 December, 2012, and has been in negotiation since. In recent bulletins, Tabcorp noted that the interim broadcasting arrangement was due
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