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- So, it’s no shock that the number of gamblers in the country has continued to rise.
- Also on Monday, rival Aussie casino operator Star Entertainment Group delivered a competing bid.
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- To wager on sporting events like horse racing and soccer, bettors need to collect plenty of information on the events involved.
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SYDNEY — Blackstone Group Inc. made a takeover offer for Australian on line casino operator Crown Resorts Ltd. valued at $6 billion, as regulators investigate Crown’s business practices and threaten to rescind its casinos licenses. Stars withdrew interest in July, when Australian officials said the Crown may lose his playing license as a result of an investigation into the money laundering accusation. The risk was lifted in September after the investigation was completed, and Sydney-based stars continue to be excited about resuming the A $ 12 billion merger plan. Though some Aussie punters certainly struggle with ordinary betting, there is not any actual proof that there are extra playing addicts in Australia than in other countries.
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Hence, the percentage of the population that suffers from barely excessive playing doesn’t inform the full story in any way. Despite the gambling industry, as one report put it, “disputing a causal link between FOBTs and drawback gambling”, harm-reduction campaigners publicised stories of individuals bereaved by gambling-related suicide. Victoria already offers a voluntary pre-commitment scheme, which permits individuals to opt-in if they want to set a loss limit. It’s been shown to be ineffective, partly as a result of it’s elective. A universal scheme that applied to all would work significantly better to reduce gambling-related harm.