Bally's acquisition of Star sparks apprehensions, Dutch gambling overseers alert industry players, Ohio Governor DeWine resists iGaming legitimization in the state.
In Australia, the NSW Independent Casino Commission has raised concerns about Bally's Corporation's proposed takeover of Star Entertainment. The commission is scrutinizing Bally's compliance with stringent casino laws, including probity checks, operational capability, and financial stability.
The regulatory focus primarily centres on several key areas:
- Responsible gambling practices: The commission is assessing whether Bally's can uphold responsible gambling practices in the NSW casino industry.
- Integrity of casino operations: The commission is examining if Bally's can maintain the integrity of casino operations, ensuring fairness and transparency.
- Adherence to anti-money laundering measures: The commission is evaluating Bally's compliance with anti-money laundering regulations and other obligations.
- Impact on competitiveness and reputation: The commission is considering the potential impact of the takeover on the competitiveness and reputation of the NSW casino industry.
The NSW government and its Independent Casino Commission often conduct detailed inquiries and request extensive disclosures during significant ownership changes to protect the public interest and ensure lawful gaming operations.
Although specific recent statements from the NSW Independent Casino Commission on Bally's takeover are not currently available, past practice suggests the commission takes a cautious approach to casino license transfers to ensure compliance with legal and ethical standards.
For the most authoritative updates on the commission's exact concerns or statements, checking official NSW Independent Casino Commission releases or government announcements is recommended.
Meanwhile, in other gambling news:
- GambleAware, a UK charity focused on gambling harm prevention and treatment, is set to shut down next year due to the transition to a mandatory levy model.
- BetGames executives were interviewed about developing new slot games and potential challenges.
- Stake.com has become an Official Betting Partner of Team Vitality's Counter-Strike 2 competitive team.
- Our website News published a comprehensive analysis on the changes coming to the gambling market in Finland.
Elsewhere in the world, the Florida Lottery has surpassed $49bn in funding to education programs across the state. The Massachusetts Gaming Commission issued a financial penalty of $450,000 against DraftKings for allegedly accepting prohibited wagers.
In the UK, St8 has expanded its presence and can now deliver its quality content and solutions to partners across the UK after obtaining a casino aggregation license from the UK Gambling Commission.
In other licensing news, Oddin.gg has obtained a license from the Autonomous City of Buenos Aires to expand its LatAm footprint. Meanwhile, VGW, the Australian-based social and sweepstake casino games operator, will no longer offer Sweep Coins to its customers in New Jersey and Mississippi.
Lastly, Sportradar Group AG introduced a new data-driven approach to user protection called Bettor Sense. Veikkaus will retain exclusivity over certain gambling activities like scratch cards and lottery tickets in Finland.
[1] For more information on the NSW Independent Casino Commission's standard procedures for significant casino ownership changes, please refer to official NSW Independent Casino Commission releases or government announcements.
- The NSW Independent Casino Commission is evaluating Bally's Corporation's proposed takeover of Star Entertainment to ensure their adherence to responsible gambling practices in the NSW casino industry.
- The commission is assessing Bally's Integrity of casino operations, ensuring fairness and transparency if they takeover Star Entertainment.
- The NSW Independent Casino Commission is scrutinizing Bally's compliance with anti-money laundering regulations and other obligations, as part of their review of the proposed takeover.
- The commission is examining the potential impact of the takeover on the competitiveness and reputation of the NSW casino industry.
- In the UK, a charity called GambleAware, focused on gambling harm prevention and treatment, is set to shut down next year due to the transition to a mandatory levy model.
- In other gambling news, St8 has expanded its presence in the UK after obtaining a casino aggregation license from the UK Gambling Commission. Meanwhile, VGW, the Australian-based social and sweepstake casino games operator, will no longer offer Sweep Coins to its customers in New Jersey and Mississippi.
