New York banking giant JP Morgan has released its Annual Slot Market Survey, providing industry with professional analysis and insights into the evolving EGM sector. JP Morgan conducts the survey each year and analyses the results. The process tracks multiple key benchmarks, notably annual capex spend on machines, conversions, management perception of manufacturers, and the […]
The VGCCC has fined Tabcorp $1 million for not complying with Commission directions issued during an investigation of the company’s major system outage in 2020. This is the largest ever fine imposed by the Victorian Gambling and Casino Control Commission (VGCCC) on Tabcorp, and is said to reflect repeated failure to comply with directions on
Documents newly tabled in NSW parliament are driving calls for investigation into the role – or at least insufficient diligence – suspected regarding money laundering at major Sydney clubs and pubs. The documents were made public this month following a request by Greens MLC Cate Faehrmann. They reportedly quote the then director of ILGA (Independent
MAJOR SYDNEY CLUBS AND PUBS HARSHLY ACCUSED OF MONEY LAUNDERING Read More »
ALH is on the PR front foot in the gaming reform debate, announcing it will reduce room hours in Victorian venues ahead of the deadline and calling for more uniformity between states. In a press conference last week Endeavour Group (ASX:EDV) chief executive Steve Donohue broke the news the company would be transitioning its pubs
A local man struck gold at the Benowa Tavern, bagging a major Keno prize of more than $1.6 million. A recent draw identified a Keno Classic 10 Spot entry as winner of $1,602,500, purchased at ALH’s Benowa Tavern, Benowa. The search was then on for the mystery winner, as the player was not on the
The Victorian Government has ramped up its gaming reform policies, with a major announcement and a crackdown on venues by the Victorian Gambling and Casino Control Commission (VGCCC). With the ink still drying on the state’s new EGM surrender scheme the VGCCC has issued show cause notices to two unnamed operators for repeatedly operating gaming
Hackers have ended a trial on cashless gaming, after reports the system was breached in a cyber-attack. The digital wallet trial began last October, under the Perrottet government, at Wests Newcastle leagues club at New Lambton, installed on 144 Aristocrat machines. It involved digital wallet technology, provided by Banktech, connecting participants’ phones to machines via
Venue Digital Technology P/L has announced it has taken control of gaming technology company eBet. Formerly Tabcorp owned, eBet currently boasts more than 525 venues and 30k EGMs on its books. Acquisition of the company was completed on 1 February, led by former Tabcorp and Tatts Group executive Frank Makryllos in the new headquarters located
Claiming extensive consultation with industry, Premier Perrottet has unveiled his election policy to overhaul the operation of poker machines, heralded to finally “put a stop to problem gambling”. The changes are to be implemented should the Liberal government be re-elected in NSW, after the Premier kick-started gaming reform as an election issue last year. This
Politicking over pokies has burst into 2023, as the NSW opposition Labor Party announces its alternative action regarding the momentum to force cashless gaming into Australia’s biggest state of pubs and clubs. In the wake of Premier Dominic Perrottet’s pronouncement he would mandate cashless systems in gaming rooms if re-appointed, reform in the sector has
LABOR’S POKIE POLICY ANNOUNCEMENT ASSURES MAJOR REFORM IN MARCH Read More »
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