VGW founder and CEO Laurence Escalante is preparing a bold move to acquire the remaining 30% of his company, aiming to take full control of one of the world’s largest online sweepstakes casino operators. VGW, which owns Chumba Casino, Luckyland Slots, and Global Poker, has offered existing shareholders AU$5.05 (US$3.28) per share or the option…
Resorts World Sentosa (RWS) will unveil the highly anticipated Singapore Oceanarium on 23 July, marking a major milestone in its ongoing multi-year expansion. The opening, alongside other additions like a new luxury hotel, is part of a broader effort to reinvigorate Genting Singapore and boost tourism at the integrated resort. In a statement released Monday,…
Ippei Mizuhara, the former interpreter for MLB star Shohei Ohtani, has received another postponement of his prison reporting date, giving him at least one more month of freedom. Originally scheduled to begin his 57-month federal sentence on Monday, Mizuhara has now been granted a second continuance. Court documents show his new surrender deadline is June…
Australia’s online gambling turnover soared in 2022-23, with the total amount wagered across all sectors and platforms reaching AU$244.3 billion (£124.9bn/€148.0bn/US$164.3bn). Online gambling alone surged 165.7% year-on-year to $75.4 billion, making up 31% of the country’s total gambling turnover. The average online turnover per person was $397.50. According to data released by the Queensland Treasury,…
Light & Wonder (L&W) CEO and president Matt Wilson has addressed the ongoing dispute with Aristocrat Technologies regarding the Dragon Train game. He confirmed that a new version of the game is currently in development and acknowledged that the original game’s designer has left the company. Last month, the District Court of Nevada ordered Light…
Tabcorp, the Australia-focused gaming and wagering company, has announced Brett Chenoweth as its new chairman following Bruce Akhurst’s decision to retire. Chenoweth will officially assume the role after the company’s 2024 annual general meeting (AGM) on 23 October. With extensive executive experience, Chenoweth has been a non-executive director at Tabcorp since 2022 and currently chairs…
Crown Resorts chief executive Ciarán Carruthers will step down from his position at the end of 2024, after nearly two years at the helm. He will remain in the role until 31 December to ensure a smooth leadership transition. According to multiple reports, David Tsai, currently president and chief operating officer, will take over as…
Entain is under mounting legal pressure after the Australian Transaction Reports and Analysis Centre (AUSTRAC) accused the global betting giant of failing to report criminal account holders across several of its brands. According to new court documents, millions of dollars flowed through suspicious accounts between 2019 and 2022, without appropriate anti-money laundering (AML) checks. The…
Betr Entertainment has demanded a recount of the shareholder vote held by PointsBet on 25 June regarding MIXI’s takeover bid, alleging that its proxy vote was excluded without justification. Betr, which owns a 19.9% voting stake in PointsBet, said it voted against the acquisition proposal during the proxy process. However, Betr claims its vote was…
The Australian Communications and Media Authority (ACMA) has urged internet service providers (ISPs) across the country to block access to thepokies.net, calling it one of the most significant blocking actions it has undertaken to date. Following an investigation, ACMA determined that the website was offering online casino-style games, which are banned under the Interactive Gambling…