Online Gambling News in Australia - June 2026

Who Wants To Bet Real Money That Atlantic City Will Ultimately Go Broke?

Who Wants To Bet Real Money That Atlantic City Will Ultimately Go Broke?

Phyllis F. May 13, 2015 05:14:29

Declaring Atlantic City bankrupt because of a massive budget deficit could have a butterfly effect. With four casinos closed, a $100 million gap in its budget and tax appeals by at least five casino properties, which is possible under US gambling laws, the odds of Atlantic City becoming bankrupt is pretty high. Also as if […]

Who Wants To Bet Real Money That Atlantic City Will Ultimately Go Broke?

Who Wants To Bet Real Money That Atlantic City Will Ultimately Go Broke?

Phyllis F. May 13, 2015 05:14:29

Declaring Atlantic City bankrupt because of a massive budget deficit could have a butterfly effect. With four casinos closed, a $100 million gap in its budget and tax appeals by at least five casino properties, which is possible under US gambling laws, the odds of Atlantic City becoming bankrupt is pretty high. Also as if […]

Has Sports Betting Gained too much Momentum to be Stopped? (Part 2)

Has Sports Betting Gained too much Momentum to be Stopped? (Part 2)

Frederick H. May 13, 2015 04:45:56

Illegal wagering is estimated to be between $80 and $380 billion annually. The Professional and Amateur Sports Protection Act has created a roadblock preventing many states from increasing their economies with sports revenue. Once considered a final act of desperation by many professional and collegiate athletic officials, nowadays it’s considered more of prophylactic that keeps […]

Has Sports Betting Gained too much Momentum to be Stopped? (Part 2)

Has Sports Betting Gained too much Momentum to be Stopped? (Part 2)

Frederick H. May 13, 2015 04:45:56

Illegal wagering is estimated to be between $80 and $380 billion annually. The Professional and Amateur Sports Protection Act has created a roadblock preventing many states from increasing their economies with sports revenue. Once considered a final act of desperation by many professional and collegiate athletic officials, nowadays it’s considered more of prophylactic that keeps […]

James Packer Approves sale of MenuLog for a colossal AUD 855 million

James Packer Approves sale of MenuLog for a colossal AUD 855 million

Vera T. May 13, 2015 03:28:59

James Packer of Crown Casino gave the go-ahead for the selling of MenuLog for AUD 855 million. James Packer, third richest Australian, subject of many gambling news, currently the chairperson of Crown Limited (one of Australia’s most extensive entertainment resort groups), has backed the plan to sell MenuLog for AUD 855 million to a British […]

Philippine Gaming Regulator Confiscates $2.2 million from a Japan’s Universal Entertainment Corp. Partner

Philippine Gaming Regulator Confiscates $2.2 million from a Japan’s Universal Entertainment Corp. Partner

Vera T. May 13, 2015 02:57:22

PAGCOR has seized a $2.2 million payment from Japan’s Universal Entertainment Corp. partner, Tiger Resorts Leisure and Entertainment Inc. Online gambling news in Japan report that the Philippine Amusement and Gaming Corporation (PAGCOR) has seized $2.2 million in guarantee money form Tiger Resorts Leisure and Entertainment Inc. Tiger was supposed to be ready with 50% […]

Has Sports Betting Gained too much Momentum to be Stopped? (Part 1)

Has Sports Betting Gained too much Momentum to be Stopped? (Part 1)

Frederick H. May 13, 2015 02:33:18

Adam Silver described legalizing sports wagering as “inevitable”. Sports gambling was always been connected to sport. Gambling on an activity relates to the human need to identify with something or somebody greater than themselves. For generations, critics have maintained that involving money in games ruins the “purity” of the sport. What tends to elude most […]

Has Sports Betting Gained too much Momentum to be Stopped? (Part 1)

Has Sports Betting Gained too much Momentum to be Stopped? (Part 1)

Frederick H. May 13, 2015 02:33:18

Adam Silver described legalizing sports wagering as “inevitable”. Sports gambling was always been connected to sport. Gambling on an activity relates to the human need to identify with something or somebody greater than themselves. For generations, critics have maintained that involving money in games ruins the “purity” of the sport. What tends to elude most […]