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SkyCity hit with $67M penalty in AUSTRAC case
AUSTRAC 2024-06-07 2:11 pm By Andy Sidler

A judge has ordered SkyCity to pay a $67 million penalty in AUSTRACā€™s case alleging it allowed $4 billion in suspicious transactions, finding it was an “appropriate” sum, even when compared with the $450 million fine handed to Crown last July.

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SkyCity Adelaide to get High Court hearing in tax fight with SA treasurer
Gaming 2024-06-06 11:08 pm By Christine Caulfield

The High Court has agreed to take up a dispute between SkyCity Adelaide and South Australia’s treasurer over the tax treatment of reward points that gamblers convert to gaming chips.

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Crown Resorts to benefit from class closure and should foot part of the bill, judge says
Class Actions 2024-05-31 11:00 pm By Sam Matthews

A judge has ordered Crown Resorts to share the costs of soft class closure with the plaintiff in a shareholder class action accusing it of lax anti-money laundering compliance, saying that soft class closure ahead of mediation was in the interests of both parties.Ā 

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Aristocrat can’t get docs yet for possible trade secrets suit
Appeals 2024-05-27 3:46 pm By Sam Matthews

A judge has rejected Aristocratā€™s bid for orders requiring competitor Light & Wonder to hand over documents to be placed ā€œin an envelopeā€ for speedy production should its appeal of a decision ordering that it produce the documents to Aristocrat for possible trade secrets suit fail.

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Light & Wonder strikes back as Aristocrat mulls suit over Lightning Link trade secrets
Appeals 2024-05-20 11:09 pm By Cat Fredenburgh

Game maker Light & Wonder is fighting orders requiring it to hand over information to Aristocrat Gaming for a possible suit alleging it and two former employees who jumped ship misused confidential information about Aristocrat’s popular Lightning Link and Dragon Link games.

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SkyCity to pay $67M penalty to settle with AUSTRAC
Gaming 2024-05-17 11:06 pm By Cat Fredenburgh

SkyCity has agreed to pay $67 million to resolve AUSTRAC proceedings alleging it allowed $4 billion in suspicious transactions and failed to carry out diligence on high-risk customers.

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Aristocrat claims rival may have misused Lightning Link, Dragon Link trade secrets
Intellectual Property 2024-05-01 11:48 pm By Andy Sidler

Casino gaming giant Aristocrat may sue competitor Light & Wonder and two former employees who jumped ship for allegedly misusing confidential information about its popular Lightning Link and Dragon Link games to develop a competing product.

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Aristocrat’s 6-year battle to patent Lightning Link poker machine ends in defeat
Intellectual Property 2024-04-12 9:30 pm By Cindy Cameronne

A judge has ruled gaming giant Aristocrat Technologies cannot patent its Lightning Link electronic poker machine, after six High Court Justices split on whether the popular game was eligible for patent protection.

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Aristocrat says virtual currency a roadblock for gaming app class action
Gaming 2024-04-04 1:03 pm By Sam Matthews

Aristocrat Leisure has hit back at a consumer class action filed over allegedly illegal ā€˜social casinoā€™ apps, saying the class action will have to grapple with the fact that the games are played with ‘virtual currency’ that canā€™t be cashed in.Ā 

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Crown fit to run Melbourne casino, gaming regulator says
Gaming 2024-03-26 3:49 pm By Christine Caulfield

Victoria’s gambling watchdog has cleared Crown to continue operating its casino in Melbourne, finding the gaming giant has addressed the serious and systemic failings identified by the Finkelstein royal commission.

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