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    Gaming & wagering

    Yesterday

    TV networks say betting logos on jerseys should be included in a gambling ad crackdown.

    Networks seek legal advice as gambling signs evade ad ban

    The government has told networks it cannot block betting companies from advertising on sports jerseys or around sporting grounds. Broadcasters disagree.

    • Sam Buckingham-Jones and Ronald Mizen

    This Month

    Tabcorp ads appear on on-field signs at The Gabba in Brisbane.

    New punters to halve under Labor’s gambling crackdown, brokers warn

    One of the sector’s most respected analysts has told clients that the racing industry will be some $6.4 billion worse off over time from the proposed changes.

    • Sam Buckingham-Jones
    Jon Adgemis.

    Lenders tried to sell Jon Adgemis’ pubs to Justin Hemmes’ Merivale

    Merivale was shown internal financial spreadsheets by one major lender, but ultimately decided against exploring a deal, sources said.

    • Primrose Riordan and Sarah Thompson
    Communications Minister Michelle Rowland’s office has been briefing key sporting codes, media companies and wagering firms.

    TV networks to demand fee relief as $40m wagering hole opens up

    Sports codes, wagering firms and media companies have a week to make their pitch to the Albanese government, after secret briefings on Thursday and Friday.

    • Sam Buckingham-Jones
    Communications Minister Michelle Rowland.

    Gambling ad crackdown imminent as sports, media join secret meetings

    Sporting codes, wagering and media companies have been summoned to private meetings with Communications Minister Michelle Rowland.

    • Sam Buckingham-Jones and Ronald Mizen
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    July

    The Warwick brothers’ blockchain-based game Illuvium is launching on Thursday.

    Inside the $26b journey of this Young Rich Lister’s crypto game

    The Warwick brothers’ blockchain-based game Illuvium has finally launched, marking a new chapter in the wild ride of their billion-dollar company.

    • Yolanda Redrup
    Beau Fermor and Jayden Campbell in the Gold Coast Titans’ 2024 jersey, which is sponsored by The Lottery Office

    ‘Concerning’ offshore lotteries, online keno face crackdown

    Communications Minister Michelle Rowland is assessing whether more regulation is required. 

    • Zoe Samios
    Lightning Link Casino looks and sounds like Aristocrat’s poker machines, a lawsuit alleges.

    Class action claims Aristocrat breaking gambling laws

    Lightning Link, Heart of Vegas and other social casino games are a lucrative and growing business. But some users allege the company is being misleading.

    • Zoe Samios and Primrose Riordan
    Steve McCann, chief executive of Star Entertainment, wants more time to change things.

    Gaming no longer ‘glorious part of the business’: Star boss

    Steve McCann says the company’s casino business might never return to the boom times and its future is likely to lie in its restaurants and hotels.

    • Anthony Macdonald and Zoe Samios
    Perth’s Laurence Escalante who built Virtual Gaming Worlds into a multibillion-dollar business.

    Perth billionaire Escalante battles copycats and hostile letters in US

    The businessman created a lucrative gambling market stateside from scratch. Now competition and regulation may force the company to change tack.

    • Primrose Riordan

    June

    Gillon McLachlan has been appointed boss of Tabcorp.

    Market finds solace in McLachlan’s experience growing AFL bets

    But others, like David Pocock, are increasingly unhappy about the “nexus” between the powerhouse football code and major wagering companies like Tabcorp.

    • Zoe Samios
    Gill McLachlan ran the AFL until last year. He was appointed Tabcorp’s chief executive on Monday.

    Former AFL boss Gillon McLachlan takes on ‘legacy brand’ Tabcorp

    He arrives at the company in the midst of a painful transformation and after the departure of Adam Rytenskild, who was being investigated for offensive language.

    • Updated
    • Zoe Samios
    Former AFL CEO Gillon McLachlan will step into a big new role.

    Gillon McLachlan’s new Tabcorp job is a risky bet for both sides

    The former AFL boss steps into a business that feels like it’s in a perpetual turnaround. He could end up looking like a hero, but the odds are not on his side.

    • James Thomson
    Aristocrat chief executive Trevor Croker is thinking about doing something unlike the poker machines group: sell an asset.

    Why pokies giant Aristocrat is doing a U-turn on computer games

    Aristocrat Leisure went big into developing non-gambling computer games less than a decade ago. Now it is considering an exit, in full.

    • Anthony Macdonald
    Laurence Escalante is the founder of Virtual Gaming Worlds.

    Laurence Escalante’s Virtual Gaming Worlds delivers monster dividend

    The record payout for shareholders comes despite increasing legal scrutiny of the company’s business and its popular Chumba Casino and Luckyland Slots.

    • Primrose Riordan
    Advertisement
    SkyCity’s Adelaide casino has been refurbished, but the company will pay a $67 million fine to settle claims it allowed billions of dollars of dirty money to be washed through its operations.

    SkyCity suspends dividends, cuts guidance as troubles mount

    The operator of casinos in Adelaide and Auckland warned of delays in major projects and a “challenging economic environment”, sending shares tumbling.

    • Zoe Samios

    May

    The Pit Stop Sports Bar & BBQ Grill on the outskirts of Portland, Oregon.

    The biggest threat to Australia’s lotteries? This Oregon sports bar

    In an understated barbecue joint on the outskirts of Portland, lotto sales are booming – thanks to a secretive Northern Territory-registered wagering group.

    • Zoe Samios
    Hard Rock operates dozens of venues around the world.

    Brisbane developer emerges at centre of Star’s Hard Rock mystery

    The Florida-based entertainment giant said it had not authorised its name for use, despite Star telling investors it had received a proposal.

    • Updated
    • Zoe Samios, Anthony Macdonald and Liam Walsh
    A guitar-shaped hotel tower anchors the remade and expanded Seminole Hard Rock Hotel and Casino near Hollywood, Florida.

    Star suitor Hard Rock knows a thing or two about the mass market

    If a deal proceeds, there’s every chance casinos in Sydney and Queensland will look very different. Just look at their guitar-shaped Florida palace.

    • Primrose Riordan and Zoe Samios
    Hard Rock operates dozens of venues around the world, including several large casinos such as The Mirage in Las Vegas.

    Hard Rock Cafe pitches Star rescue plan

    The Florida entertainment giant is considering taking control of Star Entertainment with a proposal that would inject more capital into the struggling gaming group.

    • Zoe Samios