Your Daily Asia Gaming eBrief: Australian authorities continue AML crackdown

Monday 19th of June 2023

Good Morning. Regulators are out in force in Australia, continuing their crackdown on the industry, now fining Crown Resorts some $13.8 million over an alleged tax breach in Victoria. The fines being dished out embody a larger industry fine-tooth-comb approach that operators are navigating. A bit further abroad, PointsBet has announced that DraftKings is moving forward with its proposal to acquire the company, for some $195 million.

ASEAN Gaming Summit, asia gaming ebrief, Philippines

What you need to know

Crown Resorts has been slapped with a $13.8 million fine over alleged tax breaches, as authorities tighten screws.
PointsBet is optimistic over a new bid for its acquisition, totaling $195 million - pending DraftKings.

On the radar

Macau Fisherman's Wharf's hotels occupancy rate reaches 90%.
Small town lotteries now the focus of PH authorities.
PAGCOR puts out new warning over POGOs.
MGTO discontinues free "return ride" for Hong Kong visitors.

AGB Intelligence

AUSTRALIA

Regulators further crackdown with $13.8mln Crown fine

Australian regulators are further targeting mis-steps in the industry, targeting Crown Resorts with a $13.8 million fine over alleged tax breaches. The state's gaming commission is hoping that the onslaught of regulatory impositions can set a standard for gaming across the nation, noting previously that it was "going after" all operators seen to not be in compliance.