Echo Entertainment Group Ltd chief executive John Redmond hit back at suggestions by Crown Ltd. that it was more deserving of a nod to build a new casino in central Brisbane. “What gets built here to compete for that type of clientele (high-rollers) will be second to none, anywhere in the world,” he said. “This will not be a step child.” He said implications Echo had neglected its Queensland properties were “completely inappropriate”. He said the properties faced plenty of competition even without rival casinos because the state, with 42,947 gambling machines at 1,259 sites, has as many slots as the Las Vegas Strip. New data this week showed gross slot revenues in the state reached A$2.3 billion ($1.8 billion) in the fiscal year that ended June 30.
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Singapore police have busted at least two illegal gambling operations in the past week, while across Asia authorities have moved to stamp out illicit activities, from raids on premier league matches in India, to illegal number forecasting in Malaysia.
The Puducherry union territory government has urged the union government to ban online gaming platforms and mobile apps, describing it as a necessity to protect the mental health of vulnerable people.
The next edition of the AGB Webinar Series will look at the future of iGaming customer acquisition and retention, which has been going through a transition period over the last year.