News

Popular Australian-based crypto gambling site Stake.com has fallen victim to one of the largest crypto attacks of 2023. The site recently had approximately $41 million worth of Bitcoin, Ethereum, BNB, and Polygon stolen from its wallets. According to the FBI, North Korea's notorious cybercrime organization Lazarus Group is responsible for...

Twitch has been steadily losing gambling viewership since it started banning certain streams on its platform. Now, it appears that company policy is driving more traffic to an alternative platform. According to NBC News, Kick is becoming a serious competitor to Twitch. This isn't just in the gambling streaming sphere...

In June, a parliamentary inquiry recommended that all gambling advertising be banned. It recommended a four-phase plan that will ultimately ban all forms of gambling advertising in Australia over the next three years. https://twitter.com/9NewsMelb/status/1673941446938984448?s=20 Naturally, this plan has met backlash, and now lobbyists for the NSW greyhound racing industry claim...

In June, Stake.com announced plans to apply for a sports betting license in Australia. This came after the company announced its partnership with Chelsea of the English Premier League (EPL). However, the crypto casino's plans have hit a snag. Last week, investment site HelloStake.com filed a lawsuit against the crypto...

Back in June, the New South Wales (NSW) government announced plans to increase taxes on Star Entertainment. The proposed plan would have dramatically raised taxes on the casino, and the casino argued that jobs would be lost. Fortunately, the NSW treasurer was open to negotiation on the tax rates. On...

Last week, Twitch announced an expansion in its ban on gambling advertising and streams. The site started by adding two additional casinos to its list of banned websites. Next, an update to the website's Community Guidelines reveals that betting on gaming skins is no longer allowed. The initial ban began...

The South Australian greyhound racing industry is facing a new governmental inquiry following an ABC report showing multiple animal abuse instances. Premier Peter Malinauskas is launching the investigation after saying he can no longer rely on industry assurances of animal safety. The owner of the kennel where the abuse occurred...

Victoria is joining New South Wales in enacting limits on pokies. A new plan announced last week will enact limits on live pokies, including decreased load-up limits, mandatory carded play, and strict closing hours. These new limits are intended to reduce gambling harm. However, some think that the limits stop...

New South Wales recently suspended its cashless gambling trial after a cybersecurity attack. The trial is expected to resume by November and will be overseen by an independent panel. That panel was announced last week. Former Liquor, Gaming and Racing commissioner Michael Foggo will lead a 16-member independent panel that...

A recent parliamentary report is recommending a complete ban on gambling ads. Some feel this move is necessary to combat problem gambling and protect youth from gambling. However, one legal expert is warning that such a ban could have unintended consequences. He believes it will inevitably lead to an influx...