ReadWrite

5 days ago | readwrite.com | Joel Loynds

Australian Transaction Reports and Analysis Centre (AUSTRAC) has “instructed” that two casino operators are required to appoint external auditors to inspect their compliance with Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT). There are concerns from AUSTRAC that the smaller venues could still be taken advantage of by malicious actors.

5 days ago | readwrite.com | Joel Loynds

The proposed Shiloh Resort & Casino in California’s Sonoma County is facing trouble, as members of the California government begin their pushback on the plan. Sonoma County Supervisor Lynda Hopkins and Windsor Town Manager Jon Davis have both entered the legal fray as they try to halt the development. It’s a months-long issue, with a federal judge giving the thumbs up to the Koi Nation to take over 68 acres of land for casino development in January 2025.

5 days ago | readwrite.com | Joel Loynds

High 5 Entertainment and the Department of Consumer Protection (DCP) have come to a settlement agreement over sweepstakes casinos. The company will have to pay Connecticut $1.5 million as it was found to have provided games to sweepstakes sites that break the law. Sweepstakes casinos have been in the firing line in Connecticut for some weeks now. Due to an inability to truly regulate them, states have begun to ban them outright.

5 days ago | readwrite.com | Joel Loynds

An Australian-based gambling company has reportedly offered a Melbourne man $25,000 (16,197.25 USD) if he were to withdraw a complaint to a regulator. The terms would have required him to remain confidential and avoid speaking ill about them to the media. At the center of this is Amused Group, which the individual, George Burns, 23, claims contacted him to settle the complaint. Two years prior, Burns had gone on a gambling spree, betting tens of thousands at two different gambling companies.

5 days ago | readwrite.com | Jacob Woodward

A new bill proposed in the state of Illinois offers a possible change of location for underperforming casinos. The tabled legislation, House Bill 4070, is seeking to enhance money-making opportunities for already licensed entertainment locations in the state. Supporters of the new bill have expressed their hopes that the relocation of these casinos could draw in more visitors and add to the state’s revenue through taxation.